PM to inaugurate first 660 MW Sahiwal coal power project today
The Sahiwal Coal Power Plant's first 660 MW unit will be inaugurated by the Prime Minister Muhammad Nawaz Sharif today. The project...
Federal government allocates Rs25b for Karachi projects in upcoming year’s budget
For Karachi, the federal government has earmarked Rs 25b in the upcoming year’s budget 2017-18 for the projects and schemes there. These...
Pakistan Railways and PSO sign fuel transportation agreement
The Ministry of Petroleum and Pakistan Railways have signed an agreement for fuel transportation of 2m tonnes to be facilitated by the...
Circular debt in power sector crosses Rs400b
In a briefing to the Public Accounts Committee (PAC) provided by the Ministry of Water and Power (MOWP), it was revealed that...
Decrease corporate tax and CGT rate says: PSX
The government has been requested by the Pakistan Stock Exchange (PSX) to reduce the corporate tax rate for companies listed on the...
SSGC jacks up LPG prices by Rs10 per kg
The Sui Southern Gas Company (SSGC) has increased the LPG prices by Rs10 per kilogram after which domestic cylinder and commercial cylinder...
Pakistan’s foreign borrowings may cross $11b
The government plans to obtain $8.1b worth of new foreign loans in the upcoming financial year 2017-18 for project and budget financing...
FBR’s anti-money laundering cell starts probe into bitcoin trading
Islamabad: The Federal Board of Revenue’s (FBR) anti-money laundering cell of the Directorate General of Intelligence and Investigation, Inland Revenue ((I&I-IR) on...
Finance Minister to launch Economic Survey 2016-17 today
Finance Minister, Senator Mohammad Ishaq Dar, will formally launch the Economic Survey 2016-17 on Thursday. The minister will share the key economic...
Budget preparations continue in full swing
For the announcement of the federal budget for financial year 2017/18, the preparations continue in full swing in accordance with the prescribed...
Govt taking steps to ease tax payment mechanism: BOI
The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism...
OGRA permits SNGPL and SSGC to lay gas pipelines
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has allowed Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC)...
Pakistan Tanners Association urges govt to withdraw duty on raw material import
The Pakistan Tanners Association (PTA) has called for removal of customs duty on the imports of basic raw material in the upcoming...
External debt servicing to be 25pc more than a year ago says: SBP report
A State Bank of Pakistan (SBP) report released recently has said that Pakistan’s external debt servicing will be 25pc higher than a...
UNIDO develops $3m proposal for Agro-Industry development programme
ISLAMABAD:Â United Nations Industrial Development Organization (UNIDO) developed a project proposal on Agro-Industry Development Programme for Khyber-Pakhtunkhwa (KP) and Gilgit-Baltistan (GB) targeting fresh...