Pakistan Rs313.4bn disbursed among 9.4m BISP beneficiaries ISLAMABAD: The Economic Survey 2023-2024 unveiled substantial financial commitments by the Government of Pakistan... Published 12 Jun, 2024 06:51am
Opinion Neither up-to-date nor unbiased The Economic Survey’s relevance, limited to data analysis, is neither up to date (limited to July-March or for ... Published 12 Jun, 2024 06:51am
Business & Finance World Bank projects 2.3pc GDP growth rate ISLAMABAD: The World Bank (WB) has projected Pakistan’s GDP growth rate at 2.3 percent for the fiscal year 2024-25... Updated 12 Jun, 2024 08:47am
Print Tax exemptions, zero-rating cost kitty over Rs3.87trn ISLAMABAD: Total tax exemptions, concessions, zero-rating and special tax treatments to various businesses,... Updated 12 Jun, 2024 08:59am
Print Growth target missed: Economic Survey ISLAMABAD: Economy is likely to have expanded by 2.4% in the fiscal year that ends this month, missing a target of... Updated 12 Jun, 2024 09:13am
Print No sacred cows, everyone has to contribute to economy: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday forewarned that there are no sacred cows and everyone has to... Updated 12 Jun, 2024 09:32am
Business & Finance Import of cotton: APTMA opposes govt’s plan to impose duties ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has strongly opposed government’s intention to impose... Published 12 Jun, 2024 06:51am
Business & Finance Budget proposals: PHMA demands govt lay focus on law and order KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has set forth scores of propositions for... Published 12 Jun, 2024 06:51am
Markets Rs719.59bn PL collected in Jul-Mar ISLAMABAD: The federal government has collected Rs719.592 billion petroleum levy (PL) on petroleum products in the... Published 12 Jun, 2024 06:51am
Business & Finance ‘IT industry demonstrates growth of -3.02pc owing to decline in telecommunication’ ISLAMABAD: The information and communication industry demonstrated growth of -3.02 per cent because of a decline in... Published 12 Jun, 2024 06:51am
Pakistan No sacred cows, no strategic SOEs, says Aurangzeb as he unveils Pakistan Economic Survey 2023-24 Pakistan missed its GDP growth target in outgoing fiscal year Updated 11 Jun, 2024 11:48pm
Perspectives The budget is around the corner, but there is no expectation of ‘out-of-box’ solutions Analysts and followers expect govt to tax the groups that are already contributing with little to no hope on a widening tax net Published 11 Jun, 2024 08:30am
Business & Finance Tax exemptions for steel, ghee units in Fata/Pata: Industries urge govt not to give any extension, threaten to shut down units ISLAMABAD: Leading industries including steel and ghee/cooking oil have threatened to close down their factories... Published 11 Jun, 2024 03:17am
Opinion Policy rate decision ahead of budget presentation State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped... Updated 10 Jun, 2024 08:06am
Opinion Equitable taxation: a precondition for meaningful economic reform Negotiations with the IMF on the next programme are ongoing, with budget formation being an integral part of the... Updated 10 Jun, 2024 08:18am
Opinion Budget: inflation must be top priority Inflation is pushing an ever increasing number below the poverty line (currently estimated at 40 percent comparable... Updated 10 Jun, 2024 08:13am
Business & Finance Rise in tax on import of cell phones likely ISLAMABAD: The government is likely to increase duties and taxes on the commercial import of mobile phones in CKD/... Updated 10 Jun, 2024 08:39am
Business & Finance Budget: Rs65.6bn proposed for Suparco ISLAMABAD: The government of Pakistan has proposed allocating Rs 65.617 billion for Space and Upper Atmosphere... Updated 10 Jun, 2024 09:20am
Print NEC to approve development plan, growth target today ISLAMABAD: The National Economic Council (NEC) meeting has been convened today (Monday) to consider and approve... Updated 10 Jun, 2024 09:23am
Print 5-year plan to be submitted to NEC ISLAMABAD: The government has reportedly prepared five-year (2024-2029) plan, which would be submitted to the... Updated 10 Jun, 2024 09:02am
Print Budget to protect salaried, low-income classes: govt ISLAMABAD: Minister of State for Finance, Revenue, and Power Division, Ali Pervaiz Malik, said on Sunday that the... Updated 10 Jun, 2024 08:40am
Business & Finance Speakers at seminar analyse KP budget PESHAWAR: Participants of a seminar analyzed in detail the Khyber Pakhtunkhwa budget for upcoming financial near... Published 10 Jun, 2024 06:52am
Business & Finance MCCI chief opposes Tajir Dost Scheme PESHAWAR: Provincial General Secretary of the central traders’ organisation and the President of the Mardan ... Published 10 Jun, 2024 06:52am
Business & Finance Old cars’ import: PM directs FBR to curb misuse of baggage scheme ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to place appropriate checks... Published 09 Jun, 2024 03:10am
Pakistan PPP legislator chairs session despite Deputy Chairman Senate’s presence ISLAMABAD: In an unusual move, a Pakistan Peoples Party (PPP) legislator, Friday, presided over the maiden sitting ... Published 08 Jun, 2024 07:00am
Print FD agrees to provide Rs1.2trn for FY25 PSDP ISLAMABAD: The Finance Division has agreed to provide Rs1.2 trillion for the next fiscal year Public Sector... Updated 08 Jun, 2024 08:53am
Print Govt to release budget on June 12th, later than expected Decision taken in a consultative meeting of parliamentary leaders and chief whips of various political parties Updated 07 Jun, 2024 10:02am
Print WHT on cash withdrawals: PM rejects another key revenue step of FBR ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue... Updated 07 Jun, 2024 12:54pm
Print Jul-Mar period: Provinces’ spending jumps 23pc YoY ISLAMABAD: The provinces’ development spending under the Public Sector Development Programme (PSDP) during the first... Updated 07 Jun, 2024 09:43am
Editorials The pressing need for tax reforms EDITORIAL: That Pakistan’s moribund tax structure is in urgent need of a comprehensive overhaul is a reality that... Published 07 Jun, 2024 06:24am