ECC allows private sector to import wheat
--Committee says wheat situation will be monitored on a monthly basis so as to ensure its availability at reasonable prices
--Approves 45 acres...
Stocks rebound with 298-point rally
Recovery was led by fertiliser, oil & gas exploration and power generation & distribution sectors
No GIDC paid by fertiliser companies in last five years, Senate body told
Committee rejects fertiliser association's proposal for reduction in turnover tax
KP government to borrow Rs91bn to cover FY21 budget deficit
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to borrow Rs91 billion from banks to cover its budget deficit due to delay...
Privatisation Commission working on reforms to bring transparency, says Soomro
ISLAMABAD: The Minister for Privatisation Muhammad Mian Soomro during a meeting on Sunday said that the Privatisation Commission of Pakistan is working...
Steel industry asks government to make changes in budget FY21
ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has urged the Ministry of Industries and Production and other concerned departments, to...
Banks lend out Rs107.5bn under Rozgar Scheme: SBP
KARACHI: Banks have approved loans worth Rs107.5 billion under the State Bank of Pakistan’s (SBP) Rozgar Scheme, according to a report released...
2020 was supposed to be the beginning of the recovery. Then Covid
Pakistan’s economy is going to contract this fiscal year, with GDP (gross domestic product) growth expected to stand at -0.38%, a significant...
Why we do not cover the budget
If you are a consumer of news in Pakistan, you may be vaguely familiar with the idea that the day the federal...
Pakistan to save $2.4bn in 2020 debt relief: World Bank
'Poorest countries can cumulatively save over $12bn owed to sovereign and other creditors this year'
Resumption of flight operations ‘a good omen for economy’: LCCI
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Saturday welcomed the resumption of flight operations from Pakistan, terming it "great...
KP businessmen demand immediate release of income tax refunds
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday demanded the Federal Board of Revenue (FBR) to immediately release income...
20-year exemption on income tax in Gwadar, FBR tells Senate body
Committee okays omission of advance tax on education-related expenses, 100pc FED on imported cigarettes and 25pc FED on caffeinated drinks
Pakistan set to register 38 exporters with Amazon
LAHORE: The Ministry of Commerce has shared an initial list of 38 exporters for registration with the international e-commerce giant Amazon in...
KP finance minister unveils Rs923bn ‘tax free’ budget for FY21
--Govt earmarks Rs317bn for development, Rs124bn for health, Rs184bn for merged districts
--Despite Covid-19 challenges, KP govt expects its income to surge by...