Relief to livestock, dairy, agri sectors to help increase production: ICCI president

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) President Amir Waheed has welcomed the sixth budget announced by the present government,...

FBR advocating for transfer of land on open market rate

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...

Pakistan to pay Rs1,620 billion in interest payments in 2018-19

ISLAMABAD: Pakistan will pay Rs1,620 billion in interest payments for the next fiscal year 2018-19 against the estimates of borrowing loans from external...

POL local production up by 10.26pc in eight months

ISLAMABAD: The production of petroleum products has witnessed a 10.26 per cent increase during the first eight months (July-February) in the current fiscal...

Budget to expand economy, encourage businesses, protect vulnerable people: Miftah

ISLAMABAD: Minister for Finance and Economic Affairs Miftah Ismail Sunday said the budget for the fiscal year 2018-19 will expand the economy by more...

Budget lauded as pro-people, pro-business, and pro-Pakistan

ISLAMABAD: People from all segments of the society including economists, professors, students, journalists, and citizens have hailed the federal fiscal budget 2018-19...

Miftah stresses need to privatise non-profitable organisations

ISLAMABAD: The newly appointed Finance Minister of Pakistan, Miftah Ismail has said that the government has provided relief to the masses by reducing taxes...

Budget 2018-19 was a hurriedly prepared budget, says IPR

The economy’s fundamentals are weak, especially its external sector with a runaway current account deficit. The government so far has no response on how it will manage the external account.

Affluent businesses enjoyed tax exemptions worth Rs540bn

The federal government has given Rs540 billion worth tax exemptions to affluent businesses during the current fiscal year, economic survey documents reveal.

No relief in federal budget for construction sector, says ABAD

ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.

US felicitates Pakistan on efforts to reform IP regime

Arch-rival India continues to prominently feature on priority watch list for IP protection

Budget FY 2018-19: Govt slashes customs duty to 25 percent on import of electric cars

Imported electric vehicles also to be exempted from 15 percent regulatory duty

Budget FY 2018-19: Major incentives announced for the stock market

Govt announces a gradual decrease in corporation tax rate of one percent each year, tax on bonus issuances abolished

Budget 2018-19: 21 types of computer part imports to be exempted from tax

Duty on import of fiber optic cable reduced to 10 percent from 20 percent in the federal budget 2018-19

PAMA appeals to review dissolution of EDB

ISLAMABAD: Pakistan Automotive Manufacturers Association (PAMA) has appealed to immediately review the dissolution of the Engineering Development Board (EDB) or announce a...