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

OGRA imposes Rs40mn penalty on six OMCs 

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has imposed a penalty amounting to a total of Rs40 million on six Oil...

SBP reserves drop by $266mn to $10.1bn

KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $266 million to $10.096 billion, during the...

Stocks stay in green amid range-bound session

KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved in a narrow range on Thursday, as the investors adopted a cautious approach...
Pakistan-economy

Govt unveils economic survey, misses key targets

Agriculture sector posts 2.67pc growth, whereas industrial and services sectors shrink -2.64pc and -3.4pc, respectively

Govt adds Rs2.5tr to public debt in nine months

--Pakistan's external debt reached $110bn by end-March  --Interest servicing consumed 40pc of the revenue collected in 9MFY20 ISLAMABAD: Although the Pakistan Tehreek-e-Insaf (PTI) government...

Rs30bn subsidy announced for Naya Pakistan Housing Project

ISLAMABAD: The government has announced a special package for the construction sector that includes an amnesty scheme, tax exemptions and a Rs30...

Govt to unveil federal budget tomorrow

Govt likely to set revenue target at Rs5.1tr for next fiscal year

ECC approves Rs480m risk allowance for healthcare workers

Committee also approves Rs22bn worth technical supplementary grants for different ministries and institutions