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...
Sindh High Court sets aside FBR suspension notice against Shell Pakistan
FBR had suspended sales tax registration licence of Shell Pakistan for alleged tax fraud
Oil prices edge lower, as Iran supply worries loom
Global benchmark Brent crude futures were down 29 cents, or 0.4 percent, at $74.45 a barrel by 0302 GMT, after rising 1 percent on Thursday
Economic Survey 2017-18: Foreign investors divested securities worth $123.9 million
Capital market exhibited signs of volatility during the period of July-March of FY 2017-18
Pakistan Oxygen Ltd to invest Rs4.4 billion in country’s largest air separation plant
Air separation plant will be operational in Q2 2020, said the company.
Matiari-Lahore transmission line financial close date extended to December 2018
Project faces three year delay, to be operational by March 2021