Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
Technical teams formed to address development-related hiccups
The government's economic team has entrusted the technical teams from the Economic Affairs Division, Planning Commission and the World Bank to chalk...
Lockdowns, power cuts add to KP furniture industry’s woesÂ
PESHAWAR: Khyber Pakhtunkhwa’s (KP) furniture industry is bearing the adverse economic impact of prolonged coronavirus lockdowns and electricity load-shedding and power cuts...
KP CM breaks ground for 257-acre Jalozai Economic Zone
'With expected private sector investment of Rs8bn, the CPEC project will ensure the provision of around 50,000 direct and indirect jobs'
Farmers warn of protest if not compensated for losses suffered due to low support prices
LAHORE: Farmers have warned of protesting outside parliament before the presentation of the budget if they are not paid back for their...
No slowdown in activities under CPEC, says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razaq Dawood on Sunday denied rumors regarding slowdown...
Donations for construction of dams not liable to tax or duties: SC
The judgment stated that the donations could be made at all the branches of the State Bank of Pakistan, all treasury offices and branches of National Bank of Pakistan as well as other banks, including micro-finance banks
ADB, Pakistan sign $300m Covid-19 emergency loan agreement
'The assistance will help govt continue with the provision of emergency cash to poor families'
Pakistan uses up Chinese trade financing facility to repay debt
In the current fiscal year 2017-18, China has given about 40 per cent of total foreign loans.
Amnesty scheme to benefit nonresident Pakistanis: Senator Haroon Akhtar
ISLAMABAD:Â Advisor to Prime Minister on Revenue senator Haroon Akhtar made it clear that the upcoming amnesty scheme will benefit the nonresident Pakistanis...
Bulls toss benchmark index above 42,000 level
KARACHI: Stocks continued their winning streak for third day on Wednesday, with the benchmark index crossing the 42,000-mark supported by upbeat investor...
Caretaker govt claims credit for lowering borrowings
Expenditure rationalisation and revenue mobilisation seen as the salient features of the caretaker economic policyÂ
PTI’s economic team to be largely Karachi-centric
The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.
Lockdown damaged economy severely, says PM
ISLAMABAD:Â Prime Minister Imran Khan on Thursday said the countrywide lockdown was only a stopgap measure to contain the coronavirus which has so...
Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge
Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months,...