FBR neglects plan to increase revenue collection to Rs7 trillion per year
ISLAMABAD: While the new government has made the announcement to introduce the long-awaited reforms in the Federal Board of Revenue (FBR), the...
Pakistan Railways to utilise 10,913 acres barren land for projects
ISLAMABAD: Pakistan Railways is all set to utilise its 10913 acres of barren land across the country by executing various projects under public-private...
Cabinet endorses gas tariff hike proposed by ECC
ISLAMABAD:Â The federal cabinet on Thursday endorsed a hike in gas tariff and other decisions taken by the Economic Coordination Committee (ECC).
The meeting...
Gulf Arab economies to accelerate modestly through 2020: Reuters poll
DUBAI: Gulf Arab economies are likely to accelerate over the next couple of years as governments boost spending, but growth will not...
Market Daily: Day ends in green as KSE-100 gains 335 points
LAHORE: Indices on Thursday moved in the upward trajectory from the word go as foreign investors still seem hesitant and ended as...
Pakistan to become energy sufficient soon: Omar Ayub Khan
ISLAMABAD: ‘One of the most important countries in the One Belt One Road (OBOR) project is Pakistan. The Karakoram Highway that connects...
Pakistan’s gross external financing needs stand around $30 billion: Moody’s
According to the rating agency, the current account deficit for FY19 would total 4.6% of GDP which would be slightly narrower than the 5.8 percent deficit clocked in FY18
Pakistan hasn’t fully enacted GSP+ conventions: Report
EU trade delegation would seek responses to questions already forwarded to all the stakeholders regarding the implementation of the 27 conventions
PIA incurring Rs2 billion monthly losses
According to the aviation secretary, the depreciation of the rupee and rise in fuel prices were the two major factors for PIA’s losses
Pakistan’s oil imports may touch $20 billion in FY19 if current prices prevail
Shell CEO said if the oil pipeline infrastructure was overhauled in Pakistan, it would contribute to a windfall of $50 to $100 million which would be passed on to consumers
Federal cabinet given discretionary powers to approve supplementary budgets
Finance Ministry has published an office memorandum to every ministry and division instructing them to seek go-ahead of the cabinet in all cases of technical supplementary and supplementary grants
Govt committed to decreasing cost of doing business, improve ease of doing business: PM
The government is also working on developing a national tariff policy to address issues of the business community and to remove anomalies in the existing tariff structure
Railways generate Rs1bn additional revenue in first 50 days of govt
ISLAMABAD:Â Pakistan Railways has generated an additional revenue of Rs1 billion in the first 50 days of the present government due to the...
FBR increases tax on imported goods Â
The Federal Board of Revenue (FBR) on Wednesday increased the regulatory duty imposed on imported goods.
According to sources, some of the imported...
CPPA seeks 44 paisa per unit hike in power price Â
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has sought from National Electric Power Regulatory Authority (NEPRA) to approve Rs0.44 per unit power tariff...