NA proposes blocking identity cards of tax defaulters

The Public Accounts Committee (PAC) of the National Assembly on Tuesday, has proposed blocking of national identity cards of tax defaulters and...

CM Sindh orders action against tax dodgers

Sindh Chief Minister Syed Murad Ali Shah, has said in a meeting on agriculture income tax that a majority of big businesses...

Petrol prices may be revised downward

The petroleum product prices may be revised downward by Rs 1 to Rs 2 per litre as the crude oil prices have...

Pakistan is fast improving ease of doing business: Ishaq Dar

The present Government is committed to ensuring transparency in all sectors of the economy working closely with international organisations like OECD etc. for...

Anti-Money laundering units to be established: FBR

The Federal Board of Revenue in a meeting presided by its Chairman Dr Muhammad Irshad on Monday has decided to form Anti-Money...

Tourism industry, govt for developing national economy through sustainable tourism

A National Tourism Conference, (themed) Discover Pakistan, was a multi-stakeholder effort that aimed to address issues faced by the Pakistan Tourism Industry...

Pak to acquire another $700m in fresh loans

Pakistan is likely to acquire $700m in loans from the Asian Development Bank (ADB) and France in the next two months in...

Finance Division proposes Rs18.166b for its projects in upcoming budget

The Finance Division has proposed Rs18.166 billion budgetary allocations for its 28 provincial projects under the Public Sector Development Programme (PSDP) for the...

Pak asks Iran to lift tariff, non-tariff barriers

Pakistan has urged Iran to lift tariff and non-tariff barriers on Pakistani products including rice and citrus. National Assembly Speaker Sardar Ayaz has...

World Bank offers assistance to develop Pakistan’s renewable energy sector

The President of the World Bank (WB) Dr Jim Yong Kim on Monday offered their technical and financial help in technological improvements...

SBP amends exposure limits for banks

The State Bank of Pakistan (SBP) on Monday has made amendments to R-1 (Large Exposure Limit)  of prudential regulations for corporate and...

IFC keen to increase private sector investment in Pakistan

International Finance Corporation (IFC) is keen to increase private sector investment in Pakistan. IFC Executive Vice President (EVP) and Chie Executive Officer...

ADB appoints first woman country director Xiaohong Yang to Pakistan

The Asian Development Bank (ADB) has appointed China’s Xiaohong Yang as new Country Director for Pakistan. According to ADB press statement, Yang, who...

9 industrial zones to be constructed under phase-II of CPEC

The Ministry of Planning, Development & Reform has said that the initiation of the second phase of China-Pakistan Economic Corridor (CPEC) projects...

Over Rs479m released for Revenue Division projects

The government has so far released Rs479.713 million for various projects of Revenue Division out of its total allocations of Rs687.304 earmarked...