Thousands of FBR officials transferred in historic reshuffle
--‘FBR wants its employees who have been working in certain offices for a considerable period to gain experience at other locations’
The Federal...
PM launches Rs42.65bn interest-free loans, skill training scheme for poor
--‘Govt will divert all the money coming from the sale of Benami properties to anti-poverty initiative’
ISLAMABAD: Prime Minister Imran Khan Friday launched...
Hafeez Shaikh says IMF package will bring in more money
--'IMF agreement is a message to the world that Pakistan will exhibit responsibility in controlling its expenditures'
--'A record 137,000 people declared their...
IMF approves $6bn package for Pakistan
–IMF will review Pakistan’s performance quarterly over 39 months, phasing release of the additional aid over time
–Spokesperson says Fund has released $1bn...
FBR initiates proceedings against undeclared benami assets
--‘Rs70bn collected through Assets Declaration Scheme’
The Federal Board of Revenue (FBR) has initiated proceedings against those who failed to declare their benami...
Over 95,000 people availed Assets Declaration Scheme so far: Shabbar Zaidi
--‘Purpose of this scheme is not revenue generation; rather it focuses on documentation of economy’
ISLAMABAD: More than 95,000 people have registered their...
Govt unveils Rs309bn Agricultural Emergency Programme
-- Jahangir Tareen says agricultural spending will be taken up to Rs70bn in next four years
ISLAMABAD: The federal government on Tuesday unveiled...
How Pakistan Inc. gets away with ripping off its workers
On the 20th of April, the students, faculty and administration of the Lahore University of Management Sciences (LUMS) woke to strange scenes....
NAB initiates inquiry against Sahiwal, Port Qasim power plants
ISLAMABAD: Alarmed by the high tariff granted to Sahiwal and Port Qasim coal-fired power plants, the National Accountability Bureau has initiated an inquiry...
NA passes budget for FY19-20
Opp rejects 'anti-people' budget, demands a 'pro-people' budget
Hammad says govt has reduced current account deficit by 20 per cent
Shehbaz...
No sovereignty without economic stability, Bajwa tells moot
ISLAMABAD: Chief of Army Staff General Qamar Bajwa has said that there cannot be any sovereignty in the absence of economic stability, according...
PM Imran hints at extending amnesty deadline
Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands...
Fitch revises down Pakistan’s GDP growth forecast to 2.7pc for FY20
'Higher taxes will erode the purchasing power which in turn will slow down consumption growth to 5.3pc'
'Business sentiment will likely...
FBR barred from keeping taxpayer’s audit info secret
'How can a taxpayer defend himself during the audit process when parameters and reasons will not be disclosed to him?'
LAHORE: Putting the...
ECC okays up to 190pc rise in gas price
The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved up to 190 per cent hike in natural gas tariff for...