Govt to increase duties on 7,000 imported items, gradual elimination of super tax
Finance bill documents indicate that Federal Board of Revenue (FBR) has suggested decreasing the advance tax on banking transaction for non-filers by 0.4 per cent permanently.
Govt allocates Rs1.6tr for PSDP
ISLAMABAD: The federal government has unveiled a Rs1.6 trillion Public Sector Development Programme (PSDP) for the fiscal year 2018-19 of which Rs...
Budget 2018-19: Government will borrow $11.6 billion from external sources in next fiscal year
The Federal government will borrow $11.6 billion from external sources in the next fiscal year 2018-19.
Budget 2018-19: Govt to bag Rs1,118 billion as external loans, grants
In the 2018-2019 budget, the government of Pakistan with its aim and objective to ‘promote economic and social development’ eyes to bag Rs1,118 billion from various lending agencies and countries.
Budget 2018-19: Govt allocates Rs 802 million for Climate Change Division
According to budgetary documents, total Rs802.69 million is earmarked for Climate Change Division. Out of the total amount, Rs766.69 million is for ongoing schemes and projects, meanwhile, Rs36 million has been allocated for new schemes during FY 2018-19.
Budget 2018-19: KCCI members appreciate business friendly, ‘political’ budget
KARACHI: The federal government of Pakistan, through its State Minister and Advisor to the Prime Minister on Finance, Miftah Ismail presented its 6th budget...
Budget 2018-19: Govt estimates Rs147,746mn for subsidies on power, textile, water
ISLAMABAD: The government has estimated Rs147,604 million worth subsidies for power, food, textile, water, construction of small dams during the financial year...
Budget 2018-19: Govt earmarks Rs72,255mn for power division projects
According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.
Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19
The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent
Federal government likely to present estimated budget of Rs5.5 trillion
According to reliable sources, the total outlay of the budget of next financial is likely to be Rs5.5 trillion as against Rs4.75 trillion for the outgoing year.
Economic Survey 2017-18: Net debt increased 61.4pc
Adviser to the Prime Minister on Finance Miftah Ismail, Thursday, said that Pakistan’s net debt has increased from 60.2 per cent to 61.4 per cent while liquid forex reserves have declined by $4.5 billion.
ECC approves Rs1.73bn Ramzan Relief Package to subsidise food items
The government will provide a subsidy of Rs1,733 million under the Ramzan Relief Package 2018. Among the items which would be sold out at subsidized rates at Utility Stoles included flour, sugar, cooking oil, ghee, grams, gram flour (besan), dates, rice, squashes, milk and tea.
Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets
Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.
Economic Survey 2017-18: Private sector loans grew to Rs4.3 trillion in 2017-18
KARACHI: Outstanding loans to private-sector businesses grew 8.7 per cent or Rs344.8 billion in the first eight months of 2017-18 to Rs4.3...
Market Daily: KSE 100 closes red on weak corporate results
LAHORE:Â Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a...