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.

Budget FY 2018-19: Govt slashes customs duty to 25 percent on import of electric cars

Imported electric vehicles also to be exempted from 15 percent regulatory duty

Budget 2018-19: An unsurprising Rs5.9tr populist budget

ISLAMABAD: Despite strong objection by opposition parties in the National Assembly (NA), the federal government on Friday presented the record 6th budget for...

Budget 2018-19: Govt to bag Rs1,118 billion as external loans, grants

In the 2018-2019 budget, the government of Pakistan with its aim and objective to ‘promote economic and social development’ eyes to bag Rs1,118 billion from various lending agencies and countries.

Budget 2018-19: Govt allocates Rs 802 million for Climate Change Division

According to budgetary documents, total Rs802.69 million is earmarked for Climate Change Division. Out of the total amount, Rs766.69 million is for ongoing schemes and projects, meanwhile, Rs36 million has been allocated for new schemes during FY 2018-19.

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.

Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19

The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent

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

Federal government likely to present estimated budget of Rs5.5 trillion

According to reliable sources, the total outlay of the budget of next financial is likely to be Rs5.5 trillion as against Rs4.75 trillion for the outgoing year.

Economic Survey 2017-18: Net debt increased 61.4pc

Adviser to the Prime Minister on Finance Miftah Ismail, Thursday, said that Pakistan’s net debt has increased from 60.2 per cent to 61.4 per cent while liquid forex reserves have declined by $4.5 billion.

Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets

Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.

Economic Survey 2017-18: Private sector loans grew to Rs4.3 trillion in 2017-18

KARACHI: Outstanding loans to private-sector businesses grew 8.7 per cent or Rs344.8 billion in the first eight months of 2017-18 to Rs4.3...

Miftah Ismail, SBP governor hint new remittances policy for dollar in forthcoming budget 2018-19

KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa and Adviser to the Prime Minister on Finance Dr Miftah Ismail assured the...

Rupee depreciates to all-time low of Rs119.50 against US dollar in kerb market

Representative bodies of the currency exchange companies decided to fix the dollar rate at Rs118.40 for buying and Rs118.70 for selling. Central bank to be responsible for deciding about the supply of dollars.