PSMA directed to provide sugar to USC at Rs63 per Kg
Sugar will be available to non-commercial consumers at Rs70 per kg
Remittances fall 18.6pc YoY to $1.87bn in May
KARACHI: Remittances from overseas Pakistani workers in May 2020 fell 18.6 percent or $429.2 million compared to $2.3 billion recorded in May...
Rs23.2bn earmarked for Pakistan Atomic Energy Commission under PSDP 2020-21
ISLAMABAD: The government has earmarked Rs23.29 billion for 18 ongoing and one new scheme of Pakistan Atomic Energy Commission (PAEC) under the...
PSDP 2020-21: Govt allocates Rs12bn for agri sector uplift
ISLAMABAD: The government has allocated an amount of Rs12,000 million in its Public Sector Development Programme (PSDP) 2020-21 for the uplift of...
Rs24bn earmarked for 41 railway projects
ISLAMABAD: The government on Friday allocated funds amounting to Rs24 billion for the execution of 41 ongoing and new projects of the...
Govt plans to obtain Rs2.17tr foreign loans in FY21
Rs1.22tr to be spent on repayment of loans already taken
Govt unveils Rs7.3tr ‘tax-free’ budget for FY20-21
–Health budget increases by 130pc; defence budget goes up by 11pc; education sector allocation increases by 7.9pc
–GDP growth target set at 2.1pc...
Aviation sector to receive Rs1.32bn under PSDP 2020-21
Rs110m allocated for installation of weather surveillance radars in Karachi and Multan; Rs519m to be spent on Gwadar Int'l AirportÂ
PSDP 2020-21: Govt allocates Rs74.5bn for power sector projects
Of the total, Rs72.48bn will be spent on ongoing projects, while Rs2.01bn have been earmarked for new schemes
Experts urge government to bring tax reformsÂ
LAHORE: The country’s leading tax experts and consultants said that the federal budget for 2020-21 presented on Friday failed to address the...
Govt allocates Rs1.32tr for PSDP 2020-21
--Rs650bn have been set aside for federal ministries and divisions; provinces to get Rs674bn Â
--Rs70bn allocated to Covid-19 responsive; Rs52.4bn development outlay for...
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...
FBR waives off over Rs1tr in taxes in FY19-20
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government has given Rs1,149billion tax exemption to influential sectors during the second year of its government.
According to Economic...
KP govt to seek Rs24bn more in agri loans from World Bank
PESHAWAR: The provincial government has decided to take an additional loan of Rs24 billion from the World Bank to irrigate 790,000 acres...
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...