FBR advocating for transfer of land on open market rate
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...
Pakistan to pay Rs1,620 billion in interest payments in 2018-19
ISLAMABAD: Pakistan will pay Rs1,620 billion in interest payments for the next fiscal year 2018-19 against the estimates of borrowing loans from external...
POL local production up by 10.26pc in eight months
ISLAMABAD:Â The production of petroleum products has witnessed a 10.26 per cent increase during the first eight months (July-February) in the current fiscal...
Budget to expand economy, encourage businesses, protect vulnerable people: Miftah
ISLAMABAD: Minister for Finance and Economic Affairs Miftah Ismail Sunday said the budget for the fiscal year 2018-19 will expand the economy by more...
Budget lauded as pro-people, pro-business, and pro-Pakistan
ISLAMABAD: People from all segments of the society including economists, professors, students, journalists, and citizens have hailed the federal fiscal budget 2018-19...
Govt to increase duties on 7,000 imported items, gradual elimination of super tax
Finance bill documents indicate that Federal Board of Revenue (FBR) has suggested decreasing the advance tax on banking transaction for non-filers by 0.4 per cent permanently.
No relief in federal budget for construction sector, says ABAD
ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.
Prime price ‘hike’ expected to rake in extra $1b revenue for Amazon
The 20 percent hike was the second time Amazon had increased its Prime subscription fee since the launch of the service in 2005
Oil inches down but Brent ends week firmer on Iran concerns
* Brent hits third straight weekly rise, WTI falls this week
* Prices set for 5-6 pct monthly gain on fears over Iran sanctions
Govt allocates Rs1.6tr for PSDP
ISLAMABAD: The federal government has unveiled a Rs1.6 trillion Public Sector Development Programme (PSDP) for the fiscal year 2018-19 of which Rs...
Budget 2018-19: KCCI members appreciate business friendly, ‘political’ budget
KARACHI: The federal government of Pakistan, through its State Minister and Advisor to the Prime Minister on Finance, Miftah Ismail presented its 6th budget...
Budget 2018-19: Govt estimates Rs147,746mn for subsidies on power, textile, water
ISLAMABAD: The government has estimated Rs147,604 million worth subsidies for power, food, textile, water, construction of small dams during the financial year...
Budget 2018-19: Pakistan Nuclear Regulatory Authority to receive Rs300mn
The government has earmarked Rs300 million for two ongoing and one new project of Pakistan Nuclear Regulatory Authority (PNRA) for the fiscal year 2018-19 under the Public Sector Development Programme (PSDP).
Budget 2018-19: Govt earmarks Rs72,255mn for power division projects
According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.
ECC approves incentive package to start deep conversion oil refinery projects
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved a landmark incentive package for setting up new state-of-the-art 'Deep Conversion Oil...