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...

Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response

ISLAMABAD: Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...

Stocks extend losses amid lack of triggers

Despite a good start, KSE-100 settles lower by 100 points at 33,438.94

Exports increase by 8.48pc in 11 months

  ISLAMABAD: Pakistan’s exports increased by 8.48 per cent during the first eleven months of the current fiscal year compared to the corresponding...

NPMC takes notice of essential food items price hike

ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) held on Tuesday, under the chairmanship of the finance secretary took notice...

11MFY20: Cement exports fall 6.8pc to $242m 

ISLAMABAD: The export of cement from the country witnessed a decline of 6.79pc during the first 11 months of the current financial...

Pakistan fiscal deficit to hit 9.5pc of GDP: Fitch Ratings

According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.

Big industry suffers monthly contraction of 32.9pc in April

Overall output of large-scale manufacturing during July-April FY20 decreased by 8.96pc as compared to the same period of last year

SBP raises Rs47bn from Sukuk auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs47.24 billion through the auction of the five-year Government...