Govt fails in attaining saving rate, investment to GDP ratio target
ISLAMABAD: The incumbent government in its five-year tenure has failed to address the key structural issues of Pakistan’s economy i.e. saving rates...
CSF receipts not to be part of tax revenue projections for FY 2018-19
ISLAMABAD: The upcoming budget for financial year 2018-19 will see the removal of Coalition Support Fund (CSF) receipts from the budget projections.
The...
Dairy industry rejects recommendation of 5 percent duty on milk powder import
LAHORE: A proposal by Federal Minister for National Food Security, Sikander Hayat Bosan to permit buyers of fresh milk to import milk...
Govt to supply RLNG to revive 2,500MW power plants
KARACHI: To bolster its power generation capacity to cope with the present power crisis, the government has decided to revive two defunct...
Water scarcity could hit major crops cultivation during Kharif season
ISLAMABAD: The looming water crisis according to the government could impact cultivation of the major food crops during the ongoing season but...
PAJCCI lauds PM’s efforts to ensure peace, economic prosperity with Afghanistan
PESHAWAR:Â Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Chairman Zubair Motiwala lauded Prime Minister Shahid Khaqan Abbasi for his efforts to...
Chairman Senate invites Turkish investors to boost trade
ISLAMABAD: Chairman Senate Muhammad Sadiq Sanjrani has said that Pakistan offers a conducive environment for investment and Turkish investors must invest in...
Pak-Thai FTA likely to be signed this year
KARACHI: The Pakistani and Thai governments are actively engaged in talks on a free trade agreement, and if successful, the bilateral trade...
LCCI demands DRAP to form a liaison committee
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the Drug Regulatory Authority of Pakistan (DRAP) to form a...
ADB to provide loan for IT park in Karachi
ISLAMABAD: Asian Development Bank's (ADB) Country Director for Pakistan Xiaohong Yang on Tuesday informed the Minister of State for Information Technology (IT)...
All trade with China suspended at Sust Port as traders protest new custom rules
ISLAMABAD: Importers and exporters in Pakistan have suspended all kinds of trade with China via the land route at Sost Port in protest...
Tough times for ‘unregistered persons’ by FBR in new audit policy
ISLAMABAD:Â The Federal Board of Revenue (FBR) has decided to give tough time to an unregistered person in the new audit policy 2017.
The...
Miftah expresses satisfaction on latest economic indicators
ISLAMABAD: Adviser to the Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail has expressed satisfaction on the latest economic indicators.
In...
No additional tax to be imposed on telecom sector: Haroon Akhtar
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that no additional tax will be imposed on the telecom...
Tax amnesty scheme designed for rapid national development:Â Haroon AkhtarÂ
ISLAMABAD: Prime Minister’s Special Assistant on Revenue Haroon Akhtar Khan on Tuesday said the recent tax amnesty scheme is different from the schemes announced earlier...