PRA implements measures to tackle tax evasion in Lahore’s real estate sector

With a focus on the DHA area, the authority seeks to increase tax collection and meet revenue targets

IMF shows concerns over next year’s tax target and mounting expenditures

APTMA, steel manufacturers and juice companies express grievances over the federal budget

ECC allows PLL to execute proposed agreement with Azerbaijan Republic’s (SOCAR) trading

PLL to secure long term LNG supply contracts, under the framework

World Bank approves $200m aid for Pakistan

The World Bank (WB) approved $200 million emergency aid to Pakistan for repairing infrastructure which was damaged in floods. According to the World...
Ministry of Finance

Pakistan to make debt payments to Paris Club, other Lenders in time, says Aisha Pasha

Talks with the IMF on track. No amnesty for overseas Pakistanis, in the budget. -State Minister.

FBR constitutes two committees to remove anomalies in Finance Bill 2023-24

ISLAMABAD: Three days after the presentation of the Federal Budget 2023-24, the Chairman Federal Board of Revenue, Asim Ahmad has constituted two...

Massive closure, job losses loom as APTMA demands competitive energy tariff 

APTMA Chairman warned that withdrawing the RCET would lead to a loss of $10bn in exports annually

Ayesha Pasha hints increasing electricity, gas tariff

The State Minister said that that economists always work on other options as we have Plan B if the IMF deal doesn't happen.

China cuts short-term borrowing costs as economy slows

China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, in a bid to restore...

Pakistan receives first shipment of discounted Russian crude oil

Prime Minister Shehbaz Sharif announced on Sunday that the first cargo of discounted crude oil from Russia has arrived in Karachi, with...

Gold prices ease by Rs4,150 per tola for second week

Gold prices in the country eased by Rs4,150 (-1.79 percent) per tola last week, falling for the second straight week, while gold...

Dar tries balancing act with Rs14.5tr budget

Budget presented is not an “election budget", Dar

Govt sets ambitious target of Rs72b from 4G license sales in FY24

The government has outlined plans to collect a substantial amount of over Rs. 72 billion through the sale of 4G licenses, as...

Decoding the budget: A simple question of revenue and expenditure

The Government of Pakistan has presented its proposed budget for the Fiscal Year of 2023-24 on Friday 9th of June. The budget...

Despite ticking pension bomb, govt increases annuity for federal employees by 17.5% 

Development of a pension fund with Rs10bn in plans