Business

ISLAMABAD: Though the federal budget for fiscal year 2015-16 is being criticised locally, the International Monetary Fund and the World...

ECC approves provision of 85,000mt wheat to TDPs of Fata, KP

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved provision of remaining 85,000 metric tonnes of wheat to...

Growers welcome govt announcement of interest-free loans \

LAHORE: Various farmers’ bodies have lauded the government for announcing interest-free loans for agricultural sector especially for installing solar powered...

KP govt announces to present tax-free budget on 13th

PESHAWAR: Khyber Pakhtunkhwa has announced to present the provincial budget for the next financial year on June 13. Sources said...

PIA gets 7th Airbus 320

KARACHI: The seventh A320 aircraft joined the Pakistan International Airline fleet, said Managing Director of the national carrier, Shahnawaz Rehman....

Minister says tax reduction for clean energy to cut fossil fuel reliance

ISLAMABAD: Federal Minister for Climate Change Mushahidullah Khan has said that reduction in taxes on clean energy technologies will help...

Govt imposes 5% tax on money remitted abroad for education puposes

ISLAMABAD: The federal government, through Finance Bill 2015-16, has imposed five per cent advance tax on money remitted abroad for...

Leading auto manufacturers to share expertise to enhance qualitiy

ISLAMABAD: In a bid to enhance vehicle quality and safety of consumers, the three leading cars manufactures have agreed to...

Pervaiz Elahi criticises Budget 2015-16

LAHORE: Former Chief Minister of Punjab Chudhry Pervaiz Elahi rejected the federal budget present by the Pakistan Muslim League-Nawaz government....

Govt asked to withdraw 25 additional duty on poultry feed

Lahore: Dr. Muhammad Mustafa Kamal, Chairman Pakistan Poultry Association warned of at least 25 percent jump in poultry products’ prices...

Govt has not imposed tax on milk: Dar

ISLAMABAD: Finance Minister Muhammad Ishaq Dar Saturday said that the government had not imposed any tax on milk as reported...

Budget 2015-16: Govt allocates Rs 100b for TDPs’ return, rehabilitation

KARACHI: The government has allocated an amount of Rs 100 billion in the federal budget for the fiscal 2015-16 for...

Exemption of sales tax on bricks, crush hailed

LAHORE: The exemption of sales tax on bricks and crush till June 30, 2018 by the government is a positive...

Rs 300 tax raise only on expensive mobile phones: Dar

ISLAMABAD: Denying the media reports, Finance Minister Muhammad Ishaq Dar Saturday said that Rs 300 raise in tax was only...

30,000 solar pumps to be distributed among farmers through balloting

ISLAMABAD: Finance Minister Muhammad Ishaq Dar Saturday said 30,000 solar-powered tube-wells would be distributed among the farmers having less than...

Not new duty levied on vegetable ghee, oil: Dar

ISLAMABAD: Finance Minister Muhammad Ishaq Dar Saturday said that no new duty had been imposed on vegetable ghee and cooking...

APBF, Telenor pledge joint fforts to enrich national economy

LAHORE: The All Pakistan Business Forum (APBF) has recently entered into a valuable collaboration with Telenor, and according to an MoU...

CPEC is national consensus project: Dar