ICCI calls for decrease in sales tax on POL products

ISLAMABAD: The business community here on Tuesday urged the government to withdraw increases in sales tax on some petroleum products, since the price...

NA committee directs govt to revive PIA

PESHAWAR: The National Assembly (NA) Standing Committee on Cabinet Secretariat while strongly opposing the plan of outsourcing Pakistan International Airlines (PIA) has...

Rs607 bn released for development projects under PSDP 2017-18

ISLAMABAD: The government has released over Rs607.44 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...

Finance ministry to contribute Rs53 billion to pay off circular debt

  ISLAMABAD: The country’s Finance ministry is to contribute in paying off the country’s soaring circular debt, and has released Rs53 billion to...

Government lacks legitimacy to announce budget this month: experts

ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...

How bank CEOs rake in the big dough

As the curtain coming down on 2017 coincided with his premature exit as CEO of Pakistan’s largest commercial bank, Habib Bank Limited,...

Water scarcity could topple all economic efforts in near future

ISLAMABAD: To ensure overcoming water shortage and achieving sustainable economic growth, the Islamabad Chamber of Commerce and Industry (ICCI) Saturday called upon the...

Zero duty on 75pc tariff lines for China to harm local industry: PIAF

KARACHI: The Pakistan Industrial and Traders Associations Front (PIAF), as a major stakeholder, has opposed the government's plan to offer zero duty...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...

FBR registers 16pc growth in first 9 months 

ISLAMABAD: During first nine months of the current financial year, the Federal Board of Revenue (FBR)  has recorded a provisional net revenue collection...

SBP’s monetary policy committee maintains interest rate at 6pc

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the benchmark interest rate at 6...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

Miftah Ismail reviews performance of National Savings

ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings. National...

CDWP approves 33 projects worth Rs50.5 billion

ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...