Govt increases tax rate for salaried class in budget 2023-24
People earning over Rs 300,000/month, to pay at least Rs 36,250 in taxes
ECC approves Rs4b grant to overcome PIA’s cash flow problemsÂ
The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 4 billion Technical Supplementary grants to overcome cash flow problems of...
Wheels turn as govt makes final dash to the IMFÂ
Significantly amended and bulldozed through parliament, the budget has been approved on the same day as an increase in the policy rate
What went behind the MPC’s emergency decision to hike the policy rate to 22%
The sudden move comes as new hopes of the restoration of the IMF programme have been ignited following adjustments in budgetÂ
SNGPL board removes Ali Javed Hamdani as Managing DirectorÂ
The contract termination comes in light of serious allegations of malpractices, corruption and nepotism, which have plagued the company under his leadership
Govt imposes Rs415bn new taxes in budget 2023-24Â
New taxes are meant to appease the IMF.
BBDO bags first Cannes Glass Lion for PakistanÂ
English Biscuit Manufacturers’ Girls Newscaster campaigns bagged second highest award for agency in the categoryÂ
Pakistan’s circular debt surges to Rs2.6tr in July-April FY23
It is an increase of 7.38% compared to last year, when circular debt stood at Rs2,450b
FTO expresses concern over repeated changes in the tax jurisdiction of overseas Pakistanis
Issue persists even after an ex-parte amendment Income Tax Ordinance, 2001 (the Ordinance), in March 2021
Prime Minister approves the establishment of an SIFC under the Economic Revival Plan
The Executive committee of the SIFC, to have representation from both civil and military leadership.
Pakistan receives zero bids in latest LNG tender, signaling continued energy crisis
PLL had issued tender for delivery of 6 cargoes in Oct and Dec; second tender to close on July 14Â
Cash-strapped govt increases salary, allowances and additional privileges of parliamentarians
Rs1300 crores set aside for 450 parliamentarians in FY24 budget
No new taxes in Punjab ‘mini-budget’ as allocations for health and education increased
The Cabinet of Punjab, under the supervision of the caretaker government, has approved the budget for the upcoming fiscal year, effective from...
Abbasi quits ECC over Azerbaijan LNG Deal
The resignation is part of a prolonged process by which Abbasi has slowly been parting ways with the PML-N.Â
Cabinet approves TAPI joint implementation plan (JIP) to accelerate gas pipeline project
In a significant development, Pakistan's federal cabinet has granted approval for the Turkmenistan, Afghanistan, Pakistan, and India (TAPI) Gas Pipeline Project's Joint...