The budget 2017-18 has the following salient features: The total outlay of budget 2017-18 is Rs 4.75 trillion The net revenue… Read More
Budget 2017-18: Taxes on Smartphones Decreased
Government of Pakistan has reduced taxes on certain kind of smartphones, the budget document has claimed. According to details, one… Read More
Budget 2017-18: Startups Given Tax Holiday for Three Years
Government of Pakistan has given a tax holiday to startup and software houses and they will be exempted from income… Read More
Budget 2017-18: Taxes on Mobile Phone Users Reduced
Government of Pakistan has decided to reduce taxes on mobile phone subscribers. It proposed a reduction of withholding tax and… Read More
PTA & FIA Starts Crackdown Against Non-Type Approved Smartphones
In its proactive efforts to curb illegal telecom activities in the country, Pakistan Telecommunication Authority (PTA) is continuously monitoring and… Read More
Literacy Rate in Pakistan Drops by 2% in 2016-17
The country’s literacy rate declined from 60 percent to 58 percent, revealed the Economic Survey of Pakistan (2016-2017) that was… Read More
Pakistan’s GDP Growth Highest in Decade: Economic Survey
Economy of Pakistan has continued the growth momentum as the GDP growth reached to 5.28 percent in 2016-17 which is… Read More
State Bank Sets Nisab of Zakat
The government has set Nisab of Zakat at Rs. 38,406 for the zakat year 1437-38 which will apply on Saving… Read More
Pakistan Railway Announces Fare Cuts During Ramzan
Federal Minister for Railways Khawaja Saad Rafique on Wednesday announced to cut fare of all classes of all trains of… Read More
Govt Allocated Rs. 70 Billion for CPEC Related Road Projects
The government has earmarked Rs 337.28 billion for Communication division including over Rs 70 billion for China Pakistan Economic Corridor… Read More
Pakistan Railways to Get Rs. 42 Billion Under PSDP
The government has earmarked Rs 42 billion for Pakistan Railways (PR) under the Public Sector Development Program (PSDP) for the… Read More
SBP Maintains Policy Rate at 5.75%
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 5.75 percent. Real GDP growth… Read More
