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![]() Khaleeq KianiDawn Business |
• Finance minister claims significant strides in stabilising economy • Says measures implemented to expand tax base, plug leakages ISLAMABAD:...
ISLAMABAD: Prices of petrol and high-speed diesel (HSD) are expected to increase by Rs5.25 and Rs6.50 per litre, respectively, for the upcoming...
ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) continue to pose serious fiscal and operational challenges due to entrenched inefficiencies,...
• Awais proposes delay in payback to ease grid surplus • Claims Rs191bn saved in FY25 as power losses dip due to governance reforms • Govt eyes...
ISLAMABAD: Despite record remittances of $38.3 billion in FY25, the government has decided to reduce the reward paid to banks and exchange companies...
ISLAMABAD: Moving well past its original June deadline for completing the rightsizing of the federal government, the Cabinet Committee on Rightsizing...
ISLAMABAD: The government on Monday opened an avenue for senior bureaucrats to amass virtually unlimited financial gains, while simultaneously...
ISLAMABAD: The government formally announced the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA) on Monday to operate as an...
ISLAMABAD: As a demand-side intervention, the government is cautiously considering lifting the ban on new gas connections to ease pressure from a...
ISLAMABAD: The board of directors of the Public-Private Partnership Authority (P3A) on Thursday approved the appointment of the International Finance...
ISLAMABAD: The Senate Standing Committee on Power expressed serious concern on Wednesday over persistent load-shedding despite a surplus of...
• Govt works out power tariff to be Rs31.59/unit compared to Rs32.73/unit last year • Industrialists demand end to peak, off-peak charges; decry...
ISLAMABAD: Prime Minister Shehbaz Sharif is expected to conduct on Aug 14 the groundbreaking of a major expressway linking Karachi to Quetta and...
ISLAMABAD: The government on Monday projected a positive export outlook and a moderate rise in inflation to a range of 5-7 per cent for 2025-26,...
• Costlier electricity result of govt decision to increase gas rate for generators • Power minister asks provinces to stop collecting electricity...
• Additional burden on consumers to be offset by disbursement through BISP • Committee approves supplementary grants worth Rs856bn; passes the...
• Losses of Rs342bn in six months seen as ‘Rs1.9bn daily drain’ on public finances • Circular debt crosses Rs4.9tr; unfunded pensions, weak...
ISLAMABAD: The Financial Action Task Force (FATF) has called for urgent global measures to address growing risks of money laundering (ML), terror...
• Surpasses target for FY25 in first eleven months • Includes $6.89bn in fresh inflows; rest are rollovers from China, Saudi Arabia and UAE...
ISLAMABAD: The government has flagged a series of critical risks to next year’s budget and medium-term outlook, including slower than targeted GDP...
ISLAMABAD: Making a return to the international capital market after over two years, Pakistan announced on Wednesday that it had signed an Asian...
• Finance secy says revenue numbers are already locked with IMF • Income tax rate of first slab reduced to 2.5pc, not 1pc as initially printed in...
ISLAMABAD: K-Electric has requested the National Electric Power Regulatory Authority (Nepra) not to pass on the full impact of a Rs4.69 per unit...
• Next year’s revenue target set at Rs14.13tr • Provinces’ contribution helps Centre outperform fiscal target, record lowest budget deficit in...
• Major crops down 13.5pc amid water crisis, restricting agriculture and overall GDP growth • Industry, services underperform; large-scale...
ISLAMABAD: Almost forty-five per cent of Pakistan’s population lives below the poverty line, according to a World Bank report released on Thursday....
• NEC approves plan with consensus as govt eyes 4.2 per cent growth in next fiscal year • Centre to finance projects worth Rs1 trillion amid 29pc...
• Lender wants agri tax enforced, takes exception to plan to sell surplus power at cheaper rates • Fund calls for strategy to stop tax evasion,...
ISLAMABAD: The Planning Commission has conceded that policy decisions and government measures at both the federal and provincial levels have caused a...
ISLAMABAD: The government challenged K-Electric’s multi-year tariff (2024-30) approved by the power regulator last week, alleging the utility got an...
• Allocations for nearly all sectors slashed, except for road-building projects and parliamentarians’ schemes; funding for food, water, energy and...
• Buying petrol with cash may cost an extra Rs2-3 per litre • All fuel stations may be legally required to offer digital payment modes •...
• Buying petrol with cash may cost an extra Rs2-3 per litre • All fuel stations may be legally required to offer digital payment modes •...
ISLAMABAD: Taking serious notice of alleged excessive and persistent loadshedding during peak summers, the National Electric Power Regulatory...
ISLAMABAD: Depicting a cautious outlook towards growth in Large-Scale Manufacturing (LSM), the Ministry of Finance (MoF) on Thursday presented a...
• SBP exec says crypto transactions illegal, cases being referred to law enforcement • Finance secretary says legal framework will only be...
ISLAMABAD: The Sui Northern Gas Pipelines Ltd (SNGPL) has reported misuse of recently imposed grid levy on gas supply to industrial captive power...
• Says regulator’s decisions go against interests of govt, consumers, taxpayers • Officials say giving undue advantage to private utility...
• Finance minister vows to shift tax burden away from salaried class, other documented sectors • Meets commercial banks, regulators, industry...
ISLAMABAD: In a major policy departure, the National Electric Power Regulatory Authority (Nepra) on Tuesday approved K-Electric’s request to...
• Finance minister hints at simplified tax returns for salaried class • Claims every possible support to be made available for armed forces •...
• Decision follows inconclusive discussions with lender, to avoid conflict with Eid holidays • IMF spokesperson rejects Indian claims regarding...
ISLAMABAD: Pakistan received $16.08 billion in foreign loans and grants in the first 10 months of 2024-25, compared to an annual target of $19.2bn by...
• Manufacturing sector leads recovery, followed by retail and wholesale sectors, survey shows • Respondents highlight inflation, taxation,...
• Meets IMF delegation, says country on road to economic progress • Govt seeks relief measures in budget; Fund reviewing proposals ISLAMABAD: Amid...
• Meets IMF delegation, says country on road to economic progress • Govt seeks relief measures in budget; Fund reviewing proposals ISLAMABAD: Amid...
ISLAMABAD: The government on Wednesday announced establishing a Pakistan Digital Assets Authority (PDAA) to regulate and accelerate the Virtual Asset...
ISLAMABAD: Seeking effective and practical steps for the realisation of agriculture income tax and improvements in retail sector taxation, the...
ISLAMABAD: Pakistan is seeking loans totalling up to $350 million from commercial banks in the United Arab Emirates to meet its external financing...
• Planning Commission urges review of expenditure amid austerity measures • FBR defends procurement of 179 vehicles, says it’s essential to...