March 6, 2019 (MLN): The Government of Pakistan has, after discussion with various stake holders, proposed amendments to make the Finance Supplementary (Second Amendment) Bill, 2019 more comprehensive and investment friendly. Finance Minister
Brussels, March 6: European Union and British negotiators conceded Wednesday that talks aimed at getting their Brexit agreement through parliament in London have been “difficult” as a solution remained elusive three weeks before
ISLAMABAD, Mar 6: Minister for Finance, Revenue and Economic Affairs Asad Umar told the Senate on Wednesday that no bailout package had been approved for any state institution by the government during current
March 6, 2019: Prime Minister Imran Khan on Wednesday approved, in principle, the first ever ‘National Tariff Policy’ (NTP) of the country to ensure transparency, predictability and institutionalizing the entire structure of the
March 6, 2019: President Dr. Arif Alvi has underscored the need for value-addition in all sectors, especially in textile, for increasing Pakistan's exports in international market. Talking to a delegation of All Pakistan
March 6, 2019: The Senate was informed on Wednesday that government has ensured uninterrupted gas and power supply to industry, relief in taxes and clearance of refunds to enhance industrial growth. Responding to
March 6, 2019 (MLN): The Central Government’s debt and liabilities by the end of January 2019 had risen to Rs.18.45 trillion as per a statistical report release by the State bank of Pakistan,
March 6, 2019: The imports of agriculture machinery into the country during first seven months of current financial year increased by 6.72 percent as compared the imports of the corresponding period of last
March 6, 2019: Global trade tensions and political uncertainty are weighing on the world's economy, the OECD warned Wednesday, cutting its global growth forecast for this year to 3.3 percent, down from the
March 6, 2019: Pursuant to the news items being published in the print media regarding the inauguration of Tarbela IV (T4) hydropower project, Ministry of Water Resources would like to state that the
March 6, 2019: A Shanghai rally led gains across most Asian markets Wednesday as Chinese investors grow increasingly optimistic over trade talks with the US. With expectations that Washington and Beijing will eventually
March 6, 2019: Europe's main stock markets nudged lower at the start of trading on Wednesday, with London's benchmark FTSE 100 index marginally down at 7,182.77 points. In the Eurozone, Frankfurt's DAX 30
March 6, 2019: XCMG and HSS Group of China on Wednesday expressed their commitment to bring in investment of $2 billion in Pakistan’s housing and manufacturing sectors. The commitment was made during a
March 6, 2019: The government is likely to consider new tax amnesty scheme for industrial sector where undocumented money could be declared and could only be used in the industrial development and growth
March 6, 2019: After remaining suspended for a week, the cross-Line of Control (LoC) trade on Muzaffarabad-Srinagar traditional route through Uri-Chakothi sector resumed on Tuesday. In total, 70 trucks 35 from each side
Fiscal deficit of the country during the last fiscal year soared to new high of Rs 1.863 trillion which was almost 5.8 percent of the gross domestic product, showing expenditures were on the higher side
Balochistan Government is taking all steps for promotion of Industries and commerce sector in the province. Special Economic Zones would be established in District Khuzdar and Bostan area of Qila Saifullah district which would provide
Chinese President Xi Jinping on Monday chaired the ninth BRICS summit, calling on the group of five emerging economies to intensify cooperation and contribute more to a world troubled by protectionism and imbalanced development. “We
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Regional Chairman on Horticulture Exports Ahmad Jawad has said China Pakistan Economic Corridor (CPEC) provides Pakistan a godsend to enhance its agriculture exports to China. “China
Islamabad: August 31, 2017: Finance Minister, Senator Mohammad Ishaq Dar has approved extension of due date till 30th September 2017 for filing of Income Tax Returns, in the case of salaried individuals and Income Tax
The government has decided to increase the petrol from effective September 1, 2017 by Rs 2 per liter to Rs 71.50 per liter. According to the statement of the finance ministry, the Government has announced
ISLAMABAD, August 31: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Listed Companies (Code of Corporate Governance) 2017, under the newly promulgated Companies Act, 2017. The said regulations have also been placed
As a part of Prime Minister’s Industrial Support Package announced in February 2016, Ministry of Finance has approved release of Rs. 12.640 billion as subsidy on power supply to industrial sector. It may be recalled
SINGAPORE (S&P Global Ratings) Aug. 31, 2017–S&P Global Ratings said today that its rating and outlook on Malaysia-based wireless services provider Axiata Group Bhd. (BBB+/Stable/–) are not affected by the company's acquisition of tower assets
Business centers, traders and markets suffered heavy losses as around 90 percent of them could not open following heavy rain. Goods and property of many businesses were damaged as rain water entered shops and warehouses.
State bank of Pakistan maintained the cut-off yield on three, six months and 12 months treasury bills in an auction held Wednesday. The central bank had received bids worth Rs 530.8 billion where accepted bids
Minster for of Federal Education and Professional Training Baleegh-ur-Rehman says on Wednesday his government was committed to timely completion of projects, while ensuring quality. In an interview with Radio Pakistan minister highlighted, “Our developmental budget has acceded to Rs.
Minister for Law and Justice Zahid Hamid informed the Senate that government is monitoring revenue collection and expenditure on monthly basis in order to reduce fiscal deficit, which will help to reduce loans. In the
Arrival of remittance through banking channel has appreciated the value of the rupee versus the dollar at interbank, strengthening by 11 paisa to Rs 105.29 compared to Monday’s close. According a dealer at foreign exchange
Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon has said that the investors will be provided necessary facilities and information through a one-window facility by “Business Facilitation Centre (BFC)” in the SBI to simplify
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