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 July 1,...
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 Implementation Plan...
Golden opportunity for cement manufacturers as Afghanistan slashes dutiesÂ
Afghanistan decides to reduce custom tariff by $15/tonne, and royalty fees by $5/tonne on coal
Privatisation Commission approves Rs124.9 crores for fiscal year 2023-24Â
Commission to present policy proposals to the federal government, regarding the privatisation of state-owned enterprises
Shell is exiting Pakistan. What does it mean and what could the transaction look like? Â
Oil giant has been wanting to quit Pakistan for years. But what makes the country such a difficult market and how will the transaction play out in a forex strapped nation?Â
ECC allows PLL to execute proposed agreement with Azerbaijan Republic’s (SOCAR) trading
PLL to secure long term LNG supply contracts, under the framework
How a govt department has operated on ‘makeshift’ basis for over a decade
In a shocking revelation uncovered during a seemingly normal session of the Islamabad High Court (IHC), it has come to light that the Pakistan...
Govt seeks power from Parliament to increase PDL beyond Rs50 per litre
Senate’s Standing Committee on Finance approves the increase in the monetary limit of foreign remittance to $100,000
Pakistan to make debt payments to Paris Club, other Lenders in time, says Aisha Pasha
Talks with the IMF on track. No amnesty for overseas Pakistanis, in the budget. -State Minister.
