Government to finalise budget on June 8
The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National...
Govt considering fixed Rs20 per litre GST on petroleum products
As oil prices decline in the international market, the government in a bid to protect its revenues is considering setting the General...
Exporters set to capitalise on PPE export market
ISLAMABAD: The exporters of textiles and Personal Protective Equipment’s (PPEs) have welcomed the government’s decision of allowing exports of all PPE items,...
ECC ignored advice of Petroleum Division on preempting supply shortage of petroleum products
The Economic Coordination Committee (ECC) of the Senate is to blame for the current shortage of petroleum products as it rejected a...
CDWP cuts ML-1 cost by $2bn, seeks ECNEC’s approval
–Source says govt intends to collaborate with private enterprises on some portions of railways track
–CDWP approves 13 projects worth Rs36.18bn
ISLAMABAD: With a major...
KP flour millers protest ban on wheat transportation from Punjab
PESHAWAR: Owners of flour mills in Khyber Pakhtunkhwa (KP) protested on Saturday a ban on transportation of wheat from Punjab.
Punjab has barred mill...
Dairy industry seeks withdrawal of sales tax in upcoming budget
LAHORE: The country's dairy industry has stated that the withdrawal of zero-rating sales tax regime on dairy products through the Finance Act...
KP govt to present ‘tax-free budget’ for next fiscal year: minister
PESHAWAR: Keeping in mind the economic devastation caused by the outbreak of Covid-19, the Khyber Pakhtunkhwa government has decided to pay more attention...
Roti to cost Rs10 from next week
LAHORE: The Muttahida Naan Roti Association has decided to increase the price of roti and naan by Rs4 and Rs5, respectively, from...
No new taxes in upcoming budget: Hafeez Shaikh
ISLAMABAD: Adviser to Prime Minister on Finance Abdul Hafeez Shaikh has said the people fighting against coronavirus pandemic in the country would...
Fiscal deficit may surge to 9.4pc of GDP, Senate told
Hammad Azhar says FBR's collection likely to plunge by up to Rs900bn in the last quarter of FY20
‘Not a favour’: the govt had to cut fuel prices
With a maxed-out petroleum levy and a GST that can't go any higher without a mini-budget, the Rs7 discount wasn't even debatable
ADB, Pakistan sign $300m Covid-19 emergency loan agreement
'The assistance will help govt continue with the provision of emergency cash to poor families'
PM says economic stability, job creation his top priorities amid Covid-19
ISLAMABAD: Prime Minister Imran Khan said on Friday that the priority of his government was to stabilise the economy with a focus...
Weekly inflation falls 0.42pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on June 4 witnessed a decrease of 0.42pc, Pakistan Bureau...