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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,566
4224hr
Pakistan Cases
1,238,668
1,78024hr
3.98% positivity
Sindh
455,065
Punjab
428,394
Balochistan
32,849
Islamabad
105,021
KPK
173,023

Zaheer Abbasi

Markets

Neither austere nor Keynesian

The government on Tuesday unveiled a 7.1 percent deficit or Rs 3,151 billion deficit budget for the next fiscal year (2019-20) and withdrew sales tax zero-rating facility to five leading export oriented sectors as well as increased sales tax on sugar to 1
Published 12 Jun, 2019 12:00am
Markets

Neither austere nor Keynesian

The government on Tuesday unveiled a 7.1 percent deficit or Rs 3,151 billion deficit budget for the next fiscal year (2019-20) and withdrew sales tax zero-rating facility to five leading export oriented sectors as well as increased sales tax on sugar to 1
Published 12 Jun, 2019 12:00am
Markets

Most of the targets not met: Hafeez

Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh has accepted that Pakistan Tehreek-e-Insaf (PTI)-led government has missed almost all the major economic targets for the current fiscal year, saying, "This is correct that most of the targets wer
Published 11 Jun, 2019 12:00am
Markets

Most of the targets not met: Hafeez

Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh has accepted that Pakistan Tehreek-e-Insaf (PTI)-led government has missed almost all the major economic targets for the current fiscal year, saying, "This is correct that most of the targets wer
Published 11 Jun, 2019 12:00am
Markets

Most of the targets not met: Hafeez

Advisor to Prime Minister on Finance Dr Abdul Hafeez Sheikh has accepted that Pakistan Tehreek-e-Insaf (PTI)-led government has missed almost all the major economic targets for the current fiscal year, saying, "This is correct that most of the targets wer
Published 11 Jun, 2019 12:00am
Print

Health tax on cigarettes, carbonated drinks approved

The Federal Cabinet has decided that Finance Bill for the next fiscal year will include measures to prevent illicit trade of tobacco and impose 'Health Tax' on tobacco and carbonated drinks. Sources said that the decision to this effect was taken by a mee
Published 10 Jun, 2019 12:00am
Print

Health tax on cigarettes, carbonated drinks approved

The Federal Cabinet has decided that Finance Bill for the next fiscal year will include measures to prevent illicit trade of tobacco and impose ''Health Tax'' on tobacco and carbonated drinks. Sources said that the decision to this effect was taken by a m
Published 10 Jun, 2019 12:00am
Print

Health tax on cigarettes, carbonated drinks approved

The Federal Cabinet has decided that Finance Bill for the next fiscal year will include measures to prevent illicit trade of tobacco and impose 'Health Tax' on tobacco and carbonated drinks. Sources said that the decision to this effect was taken by a mee
Published 10 Jun, 2019 12:00am
Print

Cabinet may approve Hajj policy tomorrow

A meeting of the federal cabinet will discuss and may approve tomorrow (Monday) the Hajj Policy and Plan 2019 of the Ministry of Religious Affairs and Interfaith Harmony. The federal cabinet meeting to be presided over by Prime Minister Imran Khan will al
Published 02 Jun, 2019 12:00am
Print

Cabinet may approve Hajj policy tomorrow

A meeting of the federal cabinet will discuss and may approve tomorrow (Monday) the Hajj Policy and Plan 2019 of the Ministry of Religious Affairs and Interfaith Harmony. The federal cabinet meeting to be presided over by Prime Minister Imran Khan will al
Published 02 Jun, 2019 12:00am
Markets

Government seeks to amend AML law

The government has proposed amendment to the Anti Money Laundering (AML) Act 2010 to make the money laundering a cognizable and non-bailable offense to curb the practice of Hawala/Hundi and other forms of illegal foreign exchange transactions. This was st
Published 01 Jun, 2019 12:00am
Markets

Government seeks to amend AML law

The government has proposed amendment to the Anti Money Laundering (AML) Act 2010 to make the money laundering a cognizable and non-bailable offense to curb the practice of Hawala/Hundi and other forms of illegal foreign exchange transactions. This was st
Published 01 Jun, 2019 12:00am
Print

Rs 20 billion fund to support PSX approved by ECC

A meeting of the Economic Coordination Committee of the Cabinet (ECC) on Thursday approved issuance of sovereign guarantee of Rs 20 billion for investment in National Investment Trust (NIT) - State Enterprise Fund - with the objective to stabilize stock m
Published 31 May, 2019 12:00am
Print

Rs 20 billion fund to support PSX approved by ECC

A meeting of the Economic Coordination Committee of the Cabinet (ECC) on Thursday approved issuance of sovereign guarantee of Rs 20 billion for investment in National Investment Trust (NIT) - State Enterprise Fund - with the objective to stabilize stock m
Published 31 May, 2019 12:00am
Print

Rs 20 billion fund to support PSX approved by ECC

A meeting of the Economic Coordination Committee of the Cabinet (ECC) on Thursday approved issuance of sovereign guarantee of Rs 20 billion for investment in National Investment Trust (NIT) - State Enterprise Fund - with the objective to stabilize stock m
Published 31 May, 2019 12:00am
Print

Rs 20 billion fund to support PSX approved by ECC

A meeting of the Economic Coordination Committee of the Cabinet (ECC) on Thursday approved issuance of sovereign guarantee of Rs 20 billion for investment in National Investment Trust (NIT) - State Enterprise Fund - with the objective to stabilize stock m
Published 31 May, 2019 12:00am
Print

Four percent GDP growth target for FY20 approved by NEC

The National Economic Council (NEC) has approved 4 percent GDP growth and development outlay of Rs 1.837 billion for the next fiscal year with Rs 925 billion federal component and provincial component of Rs 912 billion. A meeting of the NEC chaired by Pri
Published 30 May, 2019 12:00am
Print

Four percent GDP growth target for FY20 approved by NEC

The National Economic Council (NEC) has approved 4 percent GDP growth and development outlay of Rs 1.837 billion for the next fiscal year with Rs 925 billion federal component and provincial component of Rs 912 billion. A meeting of the NEC chaired by Pri
Published 30 May, 2019 12:00am