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'   --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 Airport 

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...

PSDP 2020-21: Govt allocates Rs283m for Establishment Division

ISLAMABAD: The federal government has earmarked a total of Rs282.914 million for ongoing and new development schemes of the Establishment Division under...

Experts urge government to bring tax reforms 

LAHORE: The country’s leading tax experts and consultants said that the federal budget for 2020-21 presented on Friday failed to address the...

No increase in salaries, pensions in federal budget

LAHORE: The federal cabinet on Friday, while approving the budget for the upcoming fiscal year decided not to increase salaries and pension...

FBR’s tax collection target revised downwards to Rs4.963tr

ISLAMABAD: The Federal Board of Revenue’s (FBR) tax collection target for the next fiscal year has been set at Rs4.963 trillion, according...

PM directs completing Pakistan Railways’ restructuring

ISLAMABAD: Prime Minister Imran Khan on Thursday said ML-1 (Main Line One) was an important project of China-Pakistan Economic Corridor (CPEC) and directed...

Large-scale manufacturing contracts 5.4pc in nine months

ISLAMABAD: Large Scale Manufacturing (LSM) recorded negative growth of 5.4pc during the first nine months of the current fiscal years, compared to...

Exports fall 4pc to $18.4bn in 10 months 

April exports plunge 47pc to $957m