Minister of State for Foreign Affairs Hina Rabbani Khar on Saturday said that Pakistan is now “one step away” from exiting the Financial Action Task Force’s (FATF) “grey list”, and the planned on-site visit is a procedural requirement. She was briefing the media a day after the watchdog acknowledged that Pakistan had …
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KARACHI: While Sindh Chief Minister Murad Ali Shah has claimed to have earmarked Rs118 billion for “Karachi-based” projects in the Rs1.714 trillion provincial budget for financial year 2022-23, new schemes for infrastructure development of the country’s business capital appear to have attracted a little attention as the provincial government has …
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British High Commissioner to Pakistan, Dr Christian Turner said that bilateral trade with Pakistan would double by next year 2025 and in this regard a consensus between the two governments was in the making. The United Kingdom (UK) is Pakistan’s third largest global trade partner, with Pakistan’s exports reaching $2.1b …
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ISLAMABAD: Conceding for the first time that mismanagement of contracts in its previous tenure was a major source of current energy sector challenges, the PML-N-led government has identified domestic political uncertainty, Russia-Ukraine war, higher provincial deficits and significant losses and debts of state-owned enterprises (SOEs) as key risks to next …
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In the budget for fiscal year 2022-23, the government has exempted those earning up to Rs100,000 per month from paying income tax — increasing the limit from the earlier Rs50,000 per month. Additionally, the government has issued a revised list of income tax slabs for salaried individuals. Earlier, there were …
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• Federal budget with outlay of Rs9.5tr presented • Govt employees’ salaries up 15pc, no tax on those earning up to Rs100,000/month • Subsidies on sugar, wheat flour proposed • Taxes on cars over 1,600cc to be increased • Pensioner tax reduced to 5pc from 10pc • Advance withholding tax …
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Prime Minister Imran Khan on Friday announced a grant of Rs30 billion for Naya Pakistan Housing Project (NPHP), urging the construction industry and investors to take advantage of this opportunity as the government tries to ease the economic impact from coronavirus.He said, “This means a grant of Rs0.3 million will …
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Islamabad: Prime Minister Imran Khan on Friday had a high-level meeting regarding internal and regional security, with participants expressing the intention that Pakistan’s supremacy should be protected at all cost. The members in the meeting agreed that Pakistan believes in peace with its neighbouring countries pointing out that the county …
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The Foreign Office (FO) on Friday declined all remarks made by the Indian Ministry of External Affairs spokesperson regarding election in Gilgit, Balochistan. FO spokesperson Aisha Farooqui said,” The Indian government who has been doing deceitful elections in occupied Jammu and Kashmir under the barrel of Indian occupation forces and …
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The Karachi Chamber of Commerce and Industry (KCCI) declined the Sindh government’s decision of extending the lockdown, as Karachi Electronic Dealers Association announced that they will be reopening their businesses from tomorrow. A statement was released by KCCI which said that “Businesses should be allowed to operate at full capacity.” …
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