ICRU, private sector collaborate to resolve taxation issues
LAHORE: The Investment Climate Reform Unit (ICRU), Planning and Development, Punjab, held the first task force meeting, to address the taxation issues faced by...
Govt approves Rs2bn worth Ramazan relief package
ECC okays supplementary grant of Rs1b for FBR in order to boost its revenue collection capacity
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet,...
Govt unveils policy for import of bulletproof vehicles
ISLAMABAD: The Ministry of Commerce has unveiled a policy for the import of bulletproof vehicles, both new and second hand.
The ministry issued SRO 902(I)/2020...
Atlas Autos to invest $20m in DID assembly plant
With the new DID assembly plant, Honda bikes will further be localized and will help in reducing the country’s mounting import bill
Market daily: stocks bleed red again
LAHORE
The Pakistan Stock Exchange (PSX) crumbled to a low of 2017, down 18 per cent from its peak. The benchmark KSE 100 has fallen...
Punjab govt to introduce Smart Regulations Act for investors’ facilitation
Provincial minister says govt intervention in private businesses will be reduced
LAHORE: Punjab Industries and Trade Minister Mian Aslam Iqbal has said that the Punjab...
Pakistan’s steel industry reeling, as smuggling soars
NTC anti-dumping duties haven’t thwarted the imports, as Pakistan retains its status as a favourite for the dumping of goods by Iran, Russia, China and some European countries
CDWP approves 18 projects worth Rs 154 bn
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday approved significant projects to transmit electricity from the power plants to the national grid for...
Saudi Arabia to make its ‘largest foreign investment’ in Pakistan: Asad Umar
ISLAMABAD: Federal Minister for Finance Asad Umar said on Thursday that Saudi Arabia is about to make “the largest foreign investment in Pakistan’s history” which...
Mini-budget supports exports, but increases fiscal consolidation challenges: Moody’s
It projected the deficit to widen to 6% of GDP in fiscal 2019 due to revenue growth possibly being below government forecasts, slower economic growth and the new revenue-based incentives
Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17
KARACHI
The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for the fiscal...
Current account posts deficit of $269mn in January 2024
Current account slides 71% with a deficit reduction to $1.093 billion in seven months of FY24
Feasibility study underway to set up gas storage facilities: SAPM
ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar said on Friday that the government has initiated a feasibility study to set...
Automatic sharing of information with OECD to commence from September
Fifty-six countries have expressed willingness and officially issued a requisite requirement for automatic exchange of information with Pakistan
Economic survey explained; Pakistan misses growth target, but is the economy on the rise?
Survey reveals missed targets, cautious optimism ahead
