Covid-19 an opportunity to initiate structural reforms in Pakistan, says WB economist
LAHORE: World Bank Senior Economist Gonzalo Varela on Monday said that the Covid-19 pandemic is an opportunity to initiate structural reforms in...
‘SBP’s principal deferral scheme to facilitate cash-strapped cement sector’
LAHORE: The State Bank of Pakistan (SBP) has introduced a principal deferral scheme whereby principal to be repaid in FY21 can be...
Amid heated debates, National Assembly passes Finance Bill 2020-21
–160 lawmakers vote in favour of Finance Bill, 119 against it
–Bilawal asks PM to 'either resign or seek forgiveness from people for...
Govt to import 1.4mn tonnes wheat to fulfill shortfallÂ
ISLAMABAD: The federal government is likely to import 1.4 million tonnes of wheat at an estimated price of Rs1,929 per 40 kilogrammes...
Taxpayers urge FBR to extend Tax Amnesty Scheme till December 31
ISLAMABAD: A larger number of taxpayers have urged the Federal Board of Revenue (FBR) to extend the last date of Tax Amnesty...
FBR begins stocktaking of OMCs
The Federal Board of Revenue has begun stocktaking of Oil Marketing Companies (OMCs) after the government increased petrol prices by Rs25.58 on...
Closure of cargo sheds on Saturdays hampering supply of medicine, medical equipment, says FBRÂ
ISLAMABAD: The Federal Board of Revenue (FBR) in a letter written to the aviation secretary has requested that air freight units and...
‘Trade diplomacy’: Pakistan to gift mangoes to heads of states
'The initiative has a well-defined objective to further strengthen diplomatic relationships with friendly countries, besides introducing the fruit to new markets'
Govt to collect approx Rs75bn in July from POL consumers
ISLAMABAD:Â The government is expected to collect approximately Rs75 billion on account of different taxes, levy, duty etc from consumers of petroleum products...
Pakistan finally adopts int’l safety standards for vehicles
'Due to lack of required facilities, implementation of regulations can be a big challenge for regulators'
K-Electric urged to stop power outages, improve infrastructure
KCCI president criticises KE for not upgrading its distribution network despite earning billions of rupees in revenue
PIA moves to assuage concern on ‘dubious’ pilot licences
PIA informs foreign missions and global regulatory bodies that it has grounded all 141 pilots suspected of obtaining licences through unfair means
POL price hike adds fuel to Opp’s fire
–PTI's Raja Riaz joins Opp members in criticising govt, laments non-disbursement of development funds
–Energy minister claims prices of petroleum products in Pakistan are...
Federal govt pays Rs80bn to Balochistan to cover revenue shortfall
ISLAMABAD: The federal government has paid an additional sum of Rs80 billion to Balochistan for the ongoing fiscal year to make up...
Pakistan to diversify exports into engineering, pharmaceutical products, says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Friday said that Pakistan is rapidly diversifying its...