Pakistan’s time being wasted, says Dar in reference to delay in IMF funding Says global institutions want Pakistan to default like Sri Lanka and then enter negotiations Updated 15 Jun, 2023 10:25pm
Business & Finance Concessional energy: APTMA steps up pressure on govt ISLAMABAD: Leading textile units and big textile manufacturers on Wednesday warned to “hand in keys of their... Published 15 Jun, 2023 06:03am
Print Amendment to Ordinance sought: MoF for transfer of petroleum levy fixation power to Cabinet ISLAMABAD: The Ministry of Finance has proposed an amendment to the Petroleum Products (Petroleum Levy) Ordinance,... Updated 14 Jun, 2023 08:59am
Markets Pakistan now hopes to ink deal with IMF before budget on Friday: report Programme has been stalled at the ninth review since November last year with statements from officials insisting bailout is on track and will be revived soon Updated 06 Jun, 2023 05:24pm
Print PM takes coalition partners on board over PSDP ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday to consult coalition parties for the... Updated 06 Jun, 2023 08:48am
Editorials ‘Plan B’! EDITORIAL: Federal Finance Minister Ishaq Dar’s repeated claim that the Ministry of Finance has a ‘Plan B’ in... Updated 06 Jun, 2023 06:01am
Print Filing of wealth statement: RRMC urges MoF to abolish requirement ISLAMABAD: The Reforms and Revenue Mobilization Commission (RRMC) has recommended the Ministry of Finance to abolish... Updated 31 May, 2023 09:01am
Markets Inflationary pressure to persist in May, warns Ministry of Finance Inflation in May is expected to be in the range of 34-36%, says Monthly Economic Update & Outlook Published 30 May, 2023 06:38pm
Markets Atif Mian ‘has no idea how practical economics operates’: Ministry of Finance Economist's statement is a misplaced criticism made from a purely theoretical point of view, says Finance Ministry Updated 27 May, 2023 06:48pm
Business & Finance Tax base boost task: RRMC recommends deployment of at least 30pc of FBR workforce ISLAMABAD: The Reforms and Revenue Mobilisation Commission (RRMC) has strongly recommended the Federal Board of... Published 26 May, 2023 06:48am
Print Wholesale, retail sectors: Govt considering ending multiple withholding taxes ISLAMABAD: The government is considering a recommendation of the Reforms & Revenue Mobilization Commission... Updated 25 May, 2023 08:50am
Print Non-corporate businesses: RRMC suggests hike in tax rates ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended an increase in tax ... Updated 25 May, 2023 08:53am
Print Foreign investment promotion: MoEA to prioritise countries for holding various joint commissions ISLAMABAD: Ministry of Economic Affairs has decided to prioritise countries for holding Joint Commissions (JCs),... Updated 19 May, 2023 09:15am
Print Financing needs: Wapda seeks appraisal session with PM, ministers ISLAMABAD: The Water and Power Development Authority (Wapda) has proposed an appraisal session with Prime Minister... Updated 12 May, 2023 08:46am
Print Economy is not out of the woods yet: MoF Govt has a daunting task to follow effective revenue mobilisation and cautious expenditure management strategy to end the current fiscal year Updated 30 Apr, 2023 09:18am
Markets High inflation, economic slowdown: 'Pakistan still facing considerable challenges' In its ‘Monthly Economic Update & Outlook', finance ministry says headline inflation expected to remain at elevated level Updated 29 Apr, 2023 10:08pm
Print MoF prepares draft policy on SOEs Pakistan has around 200 state-owned enterprises which are engaged in a diverse range of activities Updated 21 Apr, 2023 02:02pm
Pakistan Funds for elections: Notices issued to top MoF official, SBP chief, AGP ISLAMABAD: The Supreme Court on Wednesday issued notices to the governor State Bank of Pakistan (SBP), the secretary... Published 13 Apr, 2023 06:37am
Editorials Rise in workers’ remittances EDITORIAL: The State Bank of Pakistan (SBP) website notes a rise in March 2023 remittances to 2.532 billion dollars... Updated 13 Apr, 2023 07:06am
Print NA told: Oil being imported on deferred payment only from KSA ISLAMABAD: The National Assembly was informed on Friday that crude oil is being imported on a deferred payment basis... Updated 08 Apr, 2023 01:48pm
Print Investment or deposit: Transfer of public moneys to other bank accounts banned ISLAMABAD: The Ministry of Finance (MoF) has imposed a ban on transfer of public moneys for investment or deposit... Updated 07 Apr, 2023 08:49am
Markets Ministry of Finance warns inflation to remain high, could increase further Reasons include market frictions caused by relative demand and supply gap of essential items as well as exchange rate depreciation Updated 31 Mar, 2023 06:48pm
Print MoF seeks one year to submit data on fake pensioners ISLAMABAD: The Ministry of Finance has sought a one-year period from the Senate Standing Committee on Finance to... Updated 30 Mar, 2023 08:28am
Print MoF refuses to become part of deal with KE on TDS ISLAMABAD: Ministry of Finance (MoF) has reportedly refused to become part of agreement with K-Electric on Tariff... Updated 30 Mar, 2023 08:32am
Print Collection of sales tax on services: Centre, provinces agree on ‘place of supply rules’ ISLAMABAD: The federation and provinces were unanimous on the common rules in place of supply (Place of Supply ... Updated 29 Mar, 2023 09:10am
Pakistan Postponement of polls: Justification given by Punjab secretary termed ‘flimsy’ ISLAMABAD: A ‘flimsy’ justification was cited by the Chief Secretary Punjab and the Ministry of Finance to the... Published 26 Mar, 2023 03:19am
Print Austerity measures: MoF links Q4 releases with surrender of 5pc non-ERE funds ISLAMABAD: The Ministry of Finance (MoF) is said to have linked releases of fourth quarter of current fiscal year,... Updated 24 Mar, 2023 08:52am
Print Too tight fiscal space: MoF bans SGs, subsidies Cites limited fiscal space and cap on expenditures as reasons Updated 21 Mar, 2023 09:02am
Pakistan NA body approves Pakistan Citizenship (Amendment) Bill, 2022 ISLAMABAD: The National Assembly Standing Committee on Interior on Tuesday passed, “The Pakistan Citizenship... Published 15 Mar, 2023 06:01am
Business & Finance Non-resident banking company: Profit on debt, capital gains from debt, debt instruments exempted from tax ISLAMABAD: The federal government has exempted profit on debt and capital gains from debt and debt instruments from... Published 01 Mar, 2023 06:21am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?