Print Finance Bill 2024 laid in Senate ISLAMABAD: Finance Minister Muhammad Aurangzeb, Wednesday, moved a copy of the Finance Bill 2024 in Senate, which... Updated 13 Jun, 2024 09:37am
Print Govt proposes increase in PL rate ISLAMABAD: The federal government has proposed an increase in petroleum levy to Rs 80 per litre on petrol and diesel... Updated 13 Jun, 2024 09:47am
Print Ministry of Law & Justice: Rs1368.874m earmarked for development schemes in PSDP ISLAMABAD: The federal government earmarked Rs1368.874 million for 10 ongoing and seven new schemes of the Ministry... Updated 13 Jun, 2024 09:37am
Pakistan Rs9.775trn to be spent on debt servicing ISLAMABAD: The country will spend around Rs 9.775 trillion on debt servicing including interest payments and... Published 13 Jun, 2024 03:32am
Pakistan Fiscal deficit target of 6.9pc of GDP set ISLAMABAD: The government has budgeted overall fiscal deficit at an unsustainable 6.9 percent of GDP for 2024-25... Published 13 Jun, 2024 03:32am
Pakistan A whopping 103.7pc raise in power subsidy ISLAMABAD: The federal government has increased subsidy for power sector by a whopping 103.7 percent – from the... Published 13 Jun, 2024 03:32am
Pakistan Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,... Published 13 Jun, 2024 03:32am
Technology Budget 2024-25: IT sector unhappy with proposals Current budget does not show promise that has repeatedly been made by the government, say professionals Updated 13 Jun, 2024 02:11am
Markets We protected the salaried class, says finance minister Aurangzeb after budget speech Federal Minister for Finance and Revenue on Wednesday brushed off the impression that the government targeted the... Published 13 Jun, 2024 12:03am
Pakistan Budget 2024-25: Pakistan eyes over $20bn in external financing Authorities in Islamabad have budgeted Rs5.685 trillion or over $20.3 billion to be acquired through external... Published 12 Jun, 2024 10:20pm
Business & Finance Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25 Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners Updated 12 Jun, 2024 10:15pm
Pakistan Taxes galore: experts stress on promoting industrialisation, reducing expenditure Finance Minister Muhammad Aurangzeb will announce budget proposals for the coming fiscal year in a short while... Updated 12 Jun, 2024 05:32pm
Pakistan PM discusses proposed budget with President ISLAMABAD: Prime Minister Shehbaz Sharif, Tuesday, called on President Asif Ali Zardari and discussed the upcoming... Published 12 Jun, 2024 06:51am
Pakistan Budget preparation: No input taken from PPP: Marri ISLAMABAD: The meeting of the parliamentary committee of the Pakistan Peoples Party was held Tuesday in the meeting... Published 12 Jun, 2024 06:51am
Pakistan Cumulative education expenditures decline ISLAMABAD: The cumulative education expenditures by federal and provincial governments declined as a percentage of... Published 12 Jun, 2024 06:51am
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
Print Govt all set to present over Rs18trn budget today ISLAMABAD: The incumbent government is all set to present its first growth-oriented federal budget for the fiscal... Updated 12 Jun, 2024 02:32pm
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
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
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
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
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
Print BSP faces delay amid pending IMF agreement ISLAMABAD: Talks with the International Monetary Fund (IMF) for the next programme, with an agreement on targets... Updated 11 Jun, 2024 09:13am