Reduction in Excise Duty For Vehicles Upto 850cc Proposed
ISLAMABAD: In the budget for the new financial year 2021-22, a reduction in federal excise duty on locally manufactured vehicles up to 850 cc was...
Govt Imposes Federal Excise Duty On Mobile Phone Calls, Internet Data And SMS
ISLAMABAD: The federal government has made a reduction in withholding tax rate for mobile services from 12 per cent to 10 per cent in the...
Budget 2021-2022 In Regard To Different Sectors and Incentives
POVERTY ALLEVIATION The Finance Minister said Prime Minister Imran Khan wants to change the course of the history by uplifting four to six million low...
Power Generation From Tarbela Dam Increases
ISLAMABAD: With the rising water level in Tarbela, hydropower generation has improved, a WAPDA spokesman said, adding that hydropower generation will increase further in the...
Remittances Increase to Near $2.5b in May
Islamabad : Remittances from overseas workers increased 34% year-on-year, amounting to $2.49 billion in May 2021, said the State Bank of Pakistan (SBP) on Thursday....
Procurement Of COVID vaccines Worth Of Whopping US$1 bn Approved
ISLAMABAD: Finance Minister Shaukat Tarin has approved a grant of US$1 billion for procurement of COVID vaccine to be administered to seven million people. The...
Rs2100bn Reserved For Development in Upcoming Budget: Umar
ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Asad Umar on Tuesday said that the government has decided to increase the national development budget...
PSX Gains 90 Points to Close At 48,302 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, gaining 90.96 points, with a positive change of 0.19%...
Sindh Issues Notification For Extended Business Hours
KARACHI: Sindh Home Department has issued notification that the businesses will remain open in the province till 08:00 in the evening. The businesses will remain...
Sindh Govt Decides To Extend Business Hours Till 8 pm From Tomorrow
KARACHI: A meeting of Sindh Corona Task Force on Sunday decided to extend the business hours of the markets and shops till 08:00 PM. Presiding...
Will Provide Relief to Masses in Next Budget: Firdous
LAHORE: Punjab cabinet has approved special allowance for the employees from grade one to 19. Special Assistant to CM Punjab, Dr Firdous Ashiq Awan while...
SBP Foreign Reserves Rise $272mn To $16.1bn
The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by US$272 million and were recorded at $16,133 million during the week ending on May...
SBP Releases Second Quarterly Report of 2021-22
KARACHI: The State Bank of Pakistan (SBP) today released its second quarterly report on the state of Pakistan’s economy for the fiscal year 2020-21. The...
Extension In Buisness Hours Soon: Saeed Ghani Promises
KARACHI: Sindh’s education minister Saeed Ghani has said that the business hours will soon to be extended to 8:00 pm. “An announcement with regard to...
GDP Growth Expected to Reach 5% In Next Two Years: Hammad
ISLAMABAD: In yet another positive development, Federal Minister for Energy Hammad Azhar, who also served as finance minister for a brief period, said the Gross...
ECC Approves Technical Supplementary Grant For AJ&K Govt
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday given approval for the Technical Supplementary Grant (TSG) in favor of the government of...