KP finance minister unveils Rs923bn ‘tax free’ budget for FY21
--Govt earmarks Rs317bn for development, Rs124bn for health, Rs184bn for merged districts
--Despite Covid-19 challenges, KP govt expects its income to surge by...
Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response
ISLAMABAD:Â Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...
BOI launches portal to facilitate investments in housing sector
ISLAMABAD: The Board of Investment (BOI) has launched on its website a portal for "investment opportunities in the housing sector of Pakistan",...
NPMC takes notice of essential food items price hike
ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) held on Tuesday, under the chairmanship of the finance secretary took notice...
OMCs found guilty of hoarding petroleum products
ISLAMABAD: A fuel crisis committee probing the current shortage of petroleum products in the country has found some OMC’s guilty of hoarding...
Senate committee rejects luxury tax on farmhouses
Govt had earlier proposed luxury tax on farmhouses as well as residential homes having an area of over two kanals
Mango exporters welcome opening of borders with Iran, Afghanistan
--Iran allows six more Pakistani companies to export mangoes
--PIA announces concessional air freight charges for mango exportersÂ
ISLAMABAD: With the government's intervention, major...
PMLN asks PTI government to increase budgetary allocation for livestock, dairy sector
LAHORE: Pakistan Muslim League Nawaz (PMLN) on Thursday asked the Pakistan Tehreek-e-Insaf (PTI) government to increase budgetary allocation for livestock and dairy...
KP govt proposes Rs310bn development outlay for FY21
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has proposed an annual development outlay of over Rs310 billion under the budget for the financial...
Pakistan’s economy to grow by 2pc in FY21, says ADB
'Pakistan was on a path of economic recovery before Covid-19 and will resume efforts to address macroeconomic imbalances once the virus subsides'
Timely action helped Pakistan mitigate Covid’s impact on home remittances: MoF
Finance secretary says remittances declined by a meagre 4.3pc in 11 months, as compared to World Bank's forecast of -23pc for the ongoing fiscal
Govt opposes its own bill extending free air travel to families of parliamentarians
ISLAMABAD: The federal government on Wednesday opposed the Members of Parliament (Salaries and Allowances) (Amendment) Bill, 2020 in the Senate which aims...
PSDP 2020-21: Senate body protests non-inclusion of recommended projectsÂ
ISLAMABAD: The Senate's Standing Committee on Planning, Development and Special Initiatives has expressed serious concerns over the non-inclusion of projects recommended by...
Senate committee raises questions on proposed Gwadar duty exemptions lasting 40 years
ISLAMABAD: While rejecting and expressing disappointment on some proposals made in the Finance Bill 2020, the Senate Standing Committee on Finance on...
CM Murad unveils Sindh budget with an outlay of Rs1.24trÂ
--Rs23bn earmarked for education, Rs28bn for health and Rs5bn for Covid-19 preventionÂ
--CM says no new tax will be introduced in FY21; announces...