Govt to reconsider taxation on IT, telecom sectors
The government has decided to review the taxation on IT and telecom sector for the next financial year in an attempt to...
APCC meeting: Govt to present Rs 2113 bn development budget for 2017-18
The federal government is going to present Rs 2113 billion worth development budget for the next financial year which includes Rs 1001...
Agriculture, services sector push GDP growth beyond 5.2 pc after a decade
Even though the government missed the GDP growth target of 5.7 per cent for the current financial year, but strong growth in...
Country’s current account deficit widens to (negative) $7.247bn
The current account deficit of the country widened almost three-folds to $7.247 billion in July-April 2016-17 if we compare it with the same...
Pre-budget seminar: Zero -rating regime to continue in near future
While over Rs 100 billion sales tax refunds are yet to be paid to exporters, the government has announced that at least...
Exchange traded funds to follow introduction of cash settled futures, single stock options: MD PSX
While speaking to Bloomberg on Tuesday, Managing Director, Pakistan Stock Exchange (PSX) informed about the changes post-buyout of 40pc stake by Chinese...
Govt withdraws some incentives from textile package
ISLAMABAD: Â The government has partially withdrawn some of the incentives provided under the textile package, some four months ago to order to...
Companies Act 2017 to replace Companies Ordinance 1984
ISLAMABAD: The upper house of the parliament, on Sunday, made necessary amendments to the Companies Act 2017 and passed it with consensus....
6 pc GDP growth possible, says Ishaq Dar
ISLAMABAD:Â The development drive and the federal budget for the upcoming fiscal year will focus on generating 6pc growth in gross domestic product...
Pakistan, Hong Kong for promoting bilateral trade ties
Pakistan and Hong Kong have agreed to further promote bilateral economic and trade relations.
 The agreement came at a meeting between Prime Minister...
APCC proposes development plan of over Rs 2t
ISLAMABAD: The Annual Plan Coordination Committee (APCC) on Wednesday completed drafting a development programme worth Rs2.158t for the upcoming year. This represents...
Upcoming budget to support exports
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan said on Tuesday the Federal Board of Revenue (FBR) will be...
CPEC most transparent project of Pakistan, says Ahsan Iqbal
ISLAMABAD: Minister for Planning and Development Ahsan Iqbal said China-Pakistan Economic Corridor is the most transparent project of Pakistan.
In an interview, he...
Pakistan is open for business, says PM Nawaz
Prime Minister Nawaz Sharif has said that Pakistan is highly attractive destination for investment that no global player can afford to miss.
He...
Franklin Templeton Investments will continue to treat Pakistan as frontier market
The executive chairman of Templeton Emerging Markets Group, Mark Mobius is of the view that even though Pakistan has been upgraded to...