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Govt to recover Rs 100 billion, proposes amendments in NEPRA Act

The government's proposed amendments to the NEPRA Act will burden the unsuspecting ordinary consumers, who will be forced to pay annually an additional Rs...

Car sales increase by 2.39pc to 155,960 units in July-April 2016-17

Total car sales of the local manufacturers and assemblers have touched 155,960 units up by 2.39 per cent in the current fiscal year compared...

Cabinet approves budget paper, eyeing 6pc GDP for next fiscal

The federal cabinet Thursday approved ‘Budget Strategy Paper 2017-20’, eyeing six percent GDP growth for the year 2017-18 with a special focus on enhancing...

ICAP establishes Pakistan’s first Accounting Standards Board

The Institute of Chartered Accountants of Pakistan (ICAP) has established Accounting Standards Board (ASB) which will give recommendations to corporations for accounts' settings that...

Ecnec approves financial inclusion project worth Rs14.32b

A World Bank backed Financial Inclusion project valued Rs14.32b ($137m) has been given the go ahead in a meeting presided over by the Finance...

ICAP suggests structural changes to existing tax system

The institute of Chartered Accountants of Pakistan (ICAP) has proposed structural reforms that focus on broadening the tax base and the simplifying the complex...

IPP’s and Power ministry to hold meeting today

After the recent withdrawal of their sovereign guarantee encashment demand, the Independent Power Producers (IPPs) are in line to meet with the Ministry of...

IFC vice president calls on finance minister

International Finance Corporation’s (IFC) Vice President of Portfolio Management, Saran Kebet-Koulibaly called on the Finance Minister, Senator Mohammad Ishaq Dar here on Wednesday. Kebet-Koulibaly was...
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