Coal, LNG import initiated for power generation: Miftah ISLAMABAD: Finance Minister Miftah Ismail Thursday expressed his optimism that there will be a substantial reduction... Updated 08 Jul, 2022 09:39am
Print ECC takes step to forestall wheat shortage Approves lowest bid offer for the import of 500,000 metric tons of wheat at US$ 439.40 per metric ton Updated 06 Jul, 2022 10:17am
Print Spectrum auction(s) for NGMS: Body to include representatives of ISI, GHQ ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved the constitution of an... Updated 06 Jul, 2022 10:10am
Print Irked by FED collection, PM orders investigation ISLAMABAD: Prime Minister Shehbaz Sharif has taken notice of collection of Rs50,000 federal excise duty (FED) from... Published 03 Jul, 2022 05:39am
Print POL products’ prices further jacked up ISLAMABAD: Finance Minister Miftah Ismail Thursday said that increase in petroleum development levy by Rs10 on ... Updated 01 Jul, 2022 09:42am
Print FBR exceeds upward revised collection target ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs6,125 billion during the whole fiscal... Updated 01 Jul, 2022 11:03am
Opinion Economy: it’s too early to declare victory This is apropos a Business Recorder news item “PM forewarns of ‘very tough’ IMF conditionalities” carried by... Published 30 Jun, 2022 06:07am
Print Amendment-laden finance bill easily sails through NA The passage of the budget for the fiscal year 2022-2023 brings the government one step closer to the revival of the stalled IMF programme Updated 30 Jun, 2022 09:51am
Print Amendment to Petroleum Products (Petroleum Levy) Ordinance approved ISLAMABAD: The National Assembly has approved, on Wednesday, an amendment of the Petroleum Products (Petroleum Levy)... Updated 30 Jun, 2022 09:46am
Print Combined 7th, 8th reviews: MEFP received from IMF, says Miftah ISLAMABAD: Finance Minister Miftah Ismail has stated that Pakistan has received a memorandum of economic and... Updated 29 Jun, 2022 09:38am
Opinion Budget 2022-23 – Amended In our previous article (BR: 13- 6-2022) we had examined Budget 2022-23 from the point of view of the IMF... Published 29 Jun, 2022 05:44am
Print PM vows to end country’s current economic morass Says country will receive $2 billion from the International Monetary Fund (IMF) Updated 29 Jun, 2022 10:00am
Print IMF likely to indicate approval of agreement today ISLAMABAD: The International Monetary Fund (IMF) will likely send the draft of Memorandum of Economic and Financial... Updated 27 Jun, 2022 10:00am
Print Supertax: Miftah asks ‘why so much consternation?’ ISLAMABAD: Finance Minister Miftah Ismail has said that the government has imposed supertax on the factories owned... Updated 27 Jun, 2022 10:09am
Business & Finance Miftah assures Motiwala-led body over removal of budget anomalies KARACHI: An anomaly committee constituted by the Ministry of Finance under the chairmanship of Zubair Motiwala held... Published 26 Jun, 2022 06:40am
Print Punjab govt likely to extend subsidy to power consumers using 100 units per month ISLAMABAD: The Punjab government is likely to extend the subsidy to electricity consumers using 100 units monthly... Updated 26 Jun, 2022 08:50am
Print Finance Bill 2022: Senate adopts 244 recommendations ISLAMABAD: Senate on Thursday adopted a total of 244 recommendations moved by its finance panel— 27 related to the... Updated 24 Jun, 2022 09:54am
Print Oil prices hiked to avert default, says Miftah ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and... Updated 24 Jun, 2022 10:19am
Print Anomaly Committees: Miftah visits FBR HQs where he reviews recommendations ISLAMABAD: Finance Minister Miftah Ismail reviewed the recommendations of the Anomaly Committees at the Federal ... Updated 23 Jun, 2022 09:50am
Print Steel sector: Amended finance bill may restore turnover tax adjustment ISLAMABAD: The amended Finance Bill 2022 is likely to restore adjustment facility of turnover tax for the documented... Updated 23 Jun, 2022 10:01am
Print ECC approves Rs149bn payments to IPPs, KE Power Division informs finance minister that as per agreement, IPPs’ second and final installment was required to be paid in the first week of the next month Updated 23 Jun, 2022 10:08am
Opinion PARTLY FACETIOUS: TRM is closer to Maryam “Shehbaz Sharif needs to take serious note of the Finance Minister…” “I will have you know that Shehbaz... Published 22 Jun, 2022 05:58am
Print ECC meeting to take up 13-point agenda today ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet is being held Wednesday (June 22) ... Updated 22 Jun, 2022 10:05am
Business & Finance Finance bill 2022: Fundamental policy for IPPs changed, points out tax expert ISLAMABAD: The Federal Board of Revenue (FBR) has placed a time limitation on the income tax exemption of the power... Published 22 Jun, 2022 05:58am
Business & Finance In lieu of performance allowance: FBR chief seeks minister’s approval for hike in basic salary LAHORE: Chairman Federal Board of Revenue (FBR) Asim Ahmad has sought approval of the Federal Minister for Finance... Published 22 Jun, 2022 05:58am
Print Stalled IMF programme: Revival ‘in a day or two’, insists Miftah ISLAMABAD: Finance Minister Miftah Ismail said Monday that an agreement is likely to reach with the International... Updated 21 Jun, 2022 09:56am
Print Gas diversion from CPPs: meeting to be held today ISLAMABAD: Finance Minister Dr Miftah Ismail has convened a meeting of the committee on Tuesday (today) tasked to... Updated 21 Jun, 2022 09:58am
Opinion Price hike and rising inflation It is quite unfortunate that the incumbent government is hardly doing anything but blaming its predecessor ... Published 20 Jun, 2022 07:25am
Print Gas tariffs now under govt focus Finance Minister Dr Miftah Ismail directs Petroleum Division to come up with proposals for revision in gas tariffs Updated 20 Jun, 2022 09:59am
Budget 2022-23 Teaching hospitals: Miftah urged to rectify ‘anomaly’ in finance bill ISLAMABAD: Hospitals have approached Finance Minister Miftah Ismail to rectify a major ‘anomaly’ in the Finance... Updated 18 Jun, 2022 09:55am