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Punjab govt unveils Rs3.226 trillion budget
LAHORE: The Punjab government on Wednesday presented the budget for the fiscal year 2022-23 after considerable delay but at a...
Banks urged to leverage SBP’s recent initiatives to boost agriculture financing
KARACHI: Deputy Governor State Bank of Pakistan (SBP), Ms. Sima Kamil, chaired the Quarterly Follow-up Meeting of Agricultural Credit Advisory...
Gas supply to CNG sector can reduce circular debt by Rs1,500b per annum: Ghiyas Paracha
LAHORE: The Compressed Natural Gas (CNG) industry can reduce the rising circular debt by Rs1,500 billion per annum only if...
Sindh CM presents Rs1.71tr budget for 2022-23
KARACHI: Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Finance Minister, on Tuesday presented the...
Tractor production surges 13.20pc, reaches 51,730 units during July-May
ISLAMABAD: The production of farm tractors in the country witnessed an increase of 13.20 percent reaching 51,730 units during the...
Senate Finance Committee okays fixed tax regime for small traders
ISLAMABAD: Senate Standing Committee on Finance, Revenue and Economic Affairs has approved a fixed tax regime for small traders. The...
SHC directs sugar mills to deposit 50pc penalty in cartelization case
KARACHI: The Sindh High Court (SHC) has directed the Pakistan Sugar Mills Association and 26 other sugar mills to deposit...
10 shiploads of edible oil from Indonesia, Malaysia to arrive Pakistan
KARACHI: Pakistan asked Indonesia to resume palm oil supply to Pakistan and Indonesian assured Pakistan to restore palm oil as...
Budget deficit big challenge for govt: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue, Miftah Ismail has said that dealing with budget deficit is a big challenge...
National Bank of Pakistan wins terror financing case in New York court: sources
ISLAMABAD: Pakistan has won a terror-financing case filed against the National Bank of Pakistan (NBP) in New York’s federal court,...
KP govt unveils Rs1.33tr budget for FY 2022-23
PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Saleem Jhagra presented the provincial budget for FY 2022-23 with a total outlay...
Punjab govt approves development budget of Rs685bn
LAHORE: The Punjab government has approved a development budget of Rs685 billion for the upcoming fiscal year 2022-23 for different...
President asks taxpayers to approach FTO for cost-free, speedy justice
ISLAMABAD: President Dr Arif Alvi on Monday urged the taxpayers and business community to approach the office of the Federal...
ECC extends relief package, approves infrastructure projects, supplementary grants
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved extension in the Prime Minister’s Relief Package...
Pakistan, ADB discuss Country Partnership Strategy
ISLAMABAD: Director General, Asian Development Bank (ADB), Eugene Zhukov apprised the Federal Minister for Finance and Revenue, Miftah Ismail about...
Pakistan would default if subsidy on petrol & diesel not withdrawn till July: Miftah
ISLAMABAD: Minister for Finance Miftah Ismail has said that the country would default if the subsidy on petrol and diesel...
RCCI demands withdrawal of proposed property tax in Finance Bill 2022-23
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has demanded of the government to withdraw the property tax imposed...
Govt decides to close thousands of dormant bank accounts
KARACHI: The federal government has decided to close thousands of dormant bank accounts belonging to various administrative departments. According to...
Pakistan optimistic about position on FATF grey list
ISLAMABAD: The Financial Action Task Force (FATF) will convene in Berlin, Germany this week from June 14 to 17, 2022,...
FBR clarifies news item publish on sales tax expenditure
ISLAMABAD: The Federal Board of Revenue (FBR) clarified a news item regarding the sales tax expenditure published by sections of...
