ICSID Tribunal decides to proceed with adjudication on quantum of amounts owed to Bayindir by Pakistan
Sugar industry is considered a political industry owned by all political elites irrespective of any political divide
It is ironic that salaried class was paying more taxes than retailers, says Senator Saleem Mandviwalla
Use of power drops significantly during winter season, ranging from around 9,000 to 12,000 MW
IMF report says examination of Pakistan's recent budgetary outcomes reveals substantial deviations
Fraudsters intercepted cargo trucks transporting cigarettes, coercing drivers into complying with illegal searches
Promises made with IMF on account of quantitative, qualitative targets are transparent, says Muhammad Aurangzeb
Census 2023 results indicate that around 9.25% of people speak Urdu, compared to 7.08% in 2017
"Purpose of IMF's visit was not to review economy but to build confidence," says finance minister
Following these approvals, the CDWP has forwarded all three projects to ECNEC for final approvals
Sources say provincial governments have kick-started movement towards legislation on Agriculture Income Tax
Federal Minister for Law and Justice Azam Nazeer Tarar addresses a press conference in Islamabad on March 28, 2024. — APPISLAMABAD: Federal...
NFP was signed by Centre and four provinces just ahead of getting approval from IMF’s Executive Board
IMF points out risk to $2.6 billion for securing external financing arising out of potential gap for current fiscal year
The vehicles intended for officers in grades 17 and 18, are designated strictly for operational mobility
IMF might explore option to hike petroleum levy and jack up rate from existing Rs70 to Rs80 per litre
MDBs climate financing includes $42b for adaptation, and they aim to mobilise $65b from private sector
Washington-based lender proposes govt to come up with viable plan to reduce unbridled expenditures
Proposal suggests catalytic converter installation in all vehicles,replacement of vehicles older than 20 years etc
Minister says IMF would be visiting Islamabad for stocktaking of the existing situation
In Pakistan, manufacturing and selling of 10-pack cigarettes is not permissible
Ahsan Iqbal says Ministry of Planning holds fortnightly CPEC progress review meeting with all federal and provincial stakeholders
Govt may unveil mini budget or reduce expenditure to strike a balance in achieving agreed fiscal deficit
FTO urges FBR to rectify these issues by simplifying filing processes
Lender might discuss possibility of mini budget in aftermath of adjustments occurred on macroeconomic, fiscal framework
Provincial markets in Sindh, Punjab, Balochistan and KP grapple with significant price difference
Minister emphasises need to initiate more projects through public-private partnerships to attract private investment
Government is committed to hiking electricity tariffs in a timely manner to fetch Rs36B during current fiscal year
Although it is not firmed up, the IMF may send its mission to Islamabad anytime in the coming weeks
FBR has faced a revenue shortfall of Rs190 billion during the first four months
One official says that Islamabad Policy instructed banks to ensure full compliance with SOPs related to security of banks
Government assigns target of Rs12,913 billion for current fiscal year under the IMF agreement
Overall budget surplus in first quarter stands at Rs1.69 trillion, while primary surplus was posted at Rs3 trillion
Pakistan's imports projected to grow at 16.9pc but it nosedived to 8pc in the first quarter
FBR’s Regional Office in Quetta, with an approved bid of Rs.10,55,000
A file photo of a Large-Scale Manufacturing unit of car plant in Pakistan. — Reuters/FileISLAMABAD: The Ministry of Finance has reported mixed...
Pakistan has secured $200 million during the first quarter of the current fiscal year
Dar said the notion that exchange rate depreciation boosts exports is a theoretical myth
Increase is aligned with market realities, raising them to 75pc of existing market rates, effective November 1, 2024
Pakistan has also made a request to the IMF for augmentation of loans with a $1 billion climate finance facility
After determining inauthenticity of reported receipts through POS tracking software under an already devised and announced procedure
All those POS-connected retailers if proved involved in providing fake invoices, their outlets will be sealed
He said, “The country had plunged into bankruptcy for the last ten years
FBR announced amendments to Income Tax Rules, 2002, as notified via SRO 1638/2024
Debt will continue to decline in subsequent fiscal years to touch 60.7 percent of GDP by FY2029
