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: 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...

Punjab government wants GST abolished on agricultural inputs in upcoming budget

Punjab government has sent a letter to the Ministry of Finance for abolishing general sales tax (GST) on agricultural inputs in the...

CPEC to help hotel industry revival: Sindh Governor

Sindh governor Muhammad Zubair said on Tuesday that the China Pakistan Economic Corridor (CPEC) project is set to pave way for fresh avenues...

US military aid to Pakistan may convert into loans

The Trump administration's budget proposal would convert some of the United States' foreign military grants to loans, affecting several countries, including Pakistan. The...

Trade deficit forecast to reach $26.9b in next FY 2017-18

For the upcoming financial year (FY) 2017-18, the economic growth rate has been forecast to reach 6pc on the basis of growth...

Commerce ministry wants traders to reap potential FTA benefits

Faced with the dwindling exports for the fourth consecutive year in office, the Commerce Minister Khurram Dastgir has directed the commerce officials...

Increased development budget due to proper tax collection measures: Ahsan

Minister for Planning and Reform Ahsan Iqbal has said that the development budget has been increased as a result of proper tax...

PPP presents shadow budget 2017-18

The Pakistan People's Party on Tuesday called for a 25 pc increase in pay and pension, minimum wages of Rs 18,000 pm...

Govt allocates Rs 550 bln for water and power projects in FY 2017-18

The Pakistan Muslim League-Nawaz (PML-N) government has estimated to spend Rs 550 billion on water and power projects/schemes during the next financial...