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Khaleeq KianiDawn Business |
• 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...
ISLAMABAD: The Central Development Working Party (CDWP) on Friday cleared 10 development projects worth Rs143 billion, including a Rs41bn initiative...
ISLAMABAD: A parliamentary panel on Thursday expressed concern over slow pace of development at Gwadar port and low utilisation of funds by various...
• Tariff may drop by only 30-67 paise despite revised deals • Industry disappointed as promised relief falls short ISLAMABAD: As the dust settled...
ISLAMABAD: For the third time in two months, the government on Thursday did not pass on the full impact of lower international oil prices to...
• OMCs, refineries, dealers to benefit from additional Rs75bn • Petroleum division mulls GST on oil products ISLAMABAD: For a third time in two...
• Policy-level budget talks set to begin on Monday • GDP growth projected at 3.6pc, inflation at 7.7pc • Revenue collection forecast to increase...
ISLAMABAD: With up to 14 per cent reduction in regasified liquefied natural gas (RLNG) prices notified for the current month, the electricity rates...
• New law proposes real-time monitoring of stocks • Imposes up to Rs100m fine on sale of smuggled petrol ISLAMABAD: The government has introduced...
ISLAMABAD: The government is finalising a plan to introduce a subsidised housing scheme for the lower-income class and mortgage facilities for the...
ISLAMABAD: The government only managed to spend around 41 per cent of the development funds allocated for the fiscal year despite the passage of 10...
• NA panel orders urgent tabling of controversial law in parliament • FBR chairman asks for one to two months to observe how law operates ...
ISLAMABAD: The government on Friday conceded before the parliament that the development spending had flattened despite over 47 per cent increase in...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday notified a reduction of Rs1.55 per unit in electricity tariffs across...
• NEC to meet on May 26 or 27 to approve development programme • 200 ongoing uplift projects likely to be closed • Ahsan says proper allocations...
ISLAMABAD: The government on Wednesday announced the launch of its first Green Sukuk to raise more than Rs50 billion in two phases to meet financing...
ISLAMABAD: Against high hopes, the government has sought revision in the base electricity tariff for next fiscal year, proposing only 30 paise to a...
Pakistan on Wednesday reinforced contingency plans to ensure operational resilience and secure communication lines across financial institutions...
ISLAMABAD: A Senate panel on Tuesday expressed concern over gas loadshedding in many areas despite excess supplies. The meeting of the Senate Standing...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a one-year extension of the Rs50 billion guarantee for LNG imports...
ISLAMABAD: A Senate panel on Friday raised serious fiduciary questions over foreign-funded multimillion-dollar projects in the housing and solar...
ISLAMABAD: The government on Thursday announced the exclusion of about 7,960 megawatts of proposed power projects and the rescheduling of 7,000MW of...
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