Govt urged to announce ‘five-year export policy’ to end uncertainty
LAHORE: The All Pakistan Textile Mills Association (APTMA) has urged the government to immediately announce the 'five-year export policy' in order to...
Budget FY21: Govt reduces subsidies despite Covid-19 impact
ISLAMABAD: The federal government on Friday announced the budget for the fiscal year 2020-21, revealing that subsidies have been reduced from Rs349.5...
Remittances fall 18.6pc YoY to $1.87bn in May
KARACHI: Remittances from overseas Pakistani workers in May 2020 fell 18.6 percent or $429.2 million compared to $2.3 billion recorded in May...
Stock market players view federal budget as ‘underwhelming, unexciting’Â Â
KARACHI: Considering how the budget is an important day for the Pakistan Stock Exchange (PSX) due to the impact announcements have on...
Govt imposes 7.5pc FED on locally assembled double-cabin vehicles
LAHORE: The federal government has imposed a 7.5 percent duty on double cabin vehicles in the Budget 2020-21, making double cabin vehicles...
Rs23.2bn earmarked for Pakistan Atomic Energy Commission under PSDP 2020-21
ISLAMABAD: The government has earmarked Rs23.29 billion for 18 ongoing and one new scheme of Pakistan Atomic Energy Commission (PAEC) under the...
Cement price likely to reduce by Rs14.5 per bag
LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...
The budget of Ls: Explained by economists
Experts explain how 'corona budget' focuses more on 'lives, livelihoods, locusts and lockdown'
PSDP 2020-21: Govt allocates Rs12bn for agri sector uplift
ISLAMABAD: The government has allocated an amount of Rs12,000 million in its Public Sector Development Programme (PSDP) 2020-21 for the uplift of...
Govt plans to obtain Rs2.17tr foreign loans in FY21
Rs1.22tr to be spent on repayment of loans already taken
Business community divided over federal budget
--LCCI president lauds govt for extending tax exemptions; ICCI terms FY21 budget as 'balanced'Â Â
--KP businessmen demand reduction in mark-up rate, general sales...
Govt unveils Rs7.3tr ‘tax-free’ budget for FY20-21
–Health budget increases by 130pc; defence budget goes up by 11pc; education sector allocation increases by 7.9pc
–GDP growth target set at 2.1pc...
Aviation sector to receive Rs1.32bn under PSDP 2020-21
Rs110m allocated for installation of weather surveillance radars in Karachi and Multan; Rs519m to be spent on Gwadar Int'l AirportÂ
Stocks plunge 517 points in pre-budget session
KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Friday, as the investors adopted a cautious approach ahead of the...
PSDP 2020-21: Rs6.67bn allocated for IT, Telecom Division
ISLAMABAD: The federal government has allocated Rs6672.984 million for ongoing and new schemes of the Information Technology and Telecom Division under the...