Govt trying to reschedule loans from int’l lenders, says Qureshi

Foreign minister says rescheduled amount will be used to facilitate health sector

FBR to devise ‘transparent central system’ for issuance of refunds

In compliance of decision taken by the federal government to address the grievance of the business community, the Federal Board of Revenue...

Govt extends Rs40,000 prize bond encashment date till June 30

ISLAMABAD: The federal government on Tuesday extended the date of encashment/redemption of Rs40,000 denomination national prize bonds for another three months. “In term...

Dollar continues climb against rupee

The value of the US dollar slightly against the rupee as it depreciated by 60 paisa in interbank session  The rupee was closed...

UN calls for $2.5 trillion coronavirus rescue package for developing countries

The United Nations has called for 2.5 trillion dollars coronavirus rescue package for developing countries to boost their resilience to further hardship...

Coronavirus pandemic to hit growth in Asia, China: World Bank

The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China,...

COVID-19: FBR wants field officers exempted from lockdown

ISLAMABAD: In the wake of current lockdown in the country due to fast spreading of coronavirus (COVID-19), the Federal Board of Revenue...

SBP allows one-year moratorium on consumer loans’ principle

KARACHI: In a major development keeping in view the coronavirus situation, the State Bank of Pakistan (SBP) has said that banks and...

Govt approves Rs43m to set up media wing

ISLAMABAD: The federal cabinet has approved Rs42.791 million for the creation of a Digital Media Wing in the Ministry of Information and Broadcasting...

FBR extends goods declaration period to 25 days

ISLAMABAD: Owing to the spread of coronavirus pandemic, the Federal Board of Revenue (FBR) has extended up to 25 days the time...

Economists warn of recession amid virus lockdowns

'As Pakistan is highly dependent on developed markets for captial inflows, the country may wintness a sharp fall in exports, remittances, jobs etc.'

Millat Tractors suspends plant, office operations 

The management of Millat Tractors has announced to suspend the plant and all office operations till lockdown period ends.  In a statement issued...
Masks-sanitisers

Excise Dept issues licenses to 16 hand sanitizer manufacturing companies 

In the wake of coronavirus situation in the country, the Punjab Excise and Taxation Department has issued licenses to 16 domestic and...

Govt likely to earmark Rs270bn in subsidies for FY21

ISLAMABAD: The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...

Pnjab govt announces Rs18bn tax waiver, Rs10bn relief package

Doctors and paramedics to get additional month’s salary over anti-corona efforts