Advance rate tax on large passenger vehicles with more seating capacity has been reduced and so the provincial departments have… Read More
IMF Reduces Growth Forecast to 3.5% in FY23
The International Monetary Fund (IMF) has forecasted Pakistan’s economic growth to drop to 3.5 percent and average inflation to surge… Read More
Govt Cancels Nomination of Azam Khan as Executive Director World Bank
The government has canceled the appointment notification of ex-SAPM Azam Khan as Executive Director World Bank (WB). Azam Khan served… Read More
Govt to Handover PIA to Qatar
The government plans to offer 51 percent stakes in Roosevelt Hotel, New York, and Pakistan International Airlines (PIA) to Qatar,… Read More
Planning Ministry to Go Paperless in 3 Months
The Secretary Ministry of Planning Development & Special Initiatives, Syed Zafar Ali Shah, on Tuesday, directed the Information Technology section… Read More
Pakistan’s Health Sector in Shambles Due to Govt Negligence
Pakistan’s health-related expenditure increased by 30 percent from Rs. 505.4 billion in FY2020 to Rs. 657.2 billion in FY2021. As… Read More
Pakistan Gets $8.48 Billion Rearrangements of Foreign Loans from Lenders
Pakistan has signed new agreements worth $8.481 billion as commitments during the first half of the current fiscal year 2021-22,… Read More
WB Predicts Remittances Growth in South Asia to Dry Up in 2022-23
The World Bank has projected a slowdown in remittances to Pakistan and estimated growth of 8 percent to $34 billion… Read More
1.2 Million Pakistani Nationals Emigrated to Gulf Countries During 2019-2021
Pakistan’s manpower export to the Gulf Cooperation Countries (GCC) amounted to 1.2 million from 2019 to November 2021, as per… Read More
FBR to Issues Notices to 15 Million Tax Evaders
The Federal Board of Revenue (FBR) will issue notices to 15 million people who do not pay tax as per… Read More
Here’s What We Know About Omicron Variant So Far
It has been nearly two years since COVID-19 originated, and the world has weathered the various threats it brought along… Read More
Prime Minister Rejects OGRA Recommendation for a Hike in Petrol Prices
Prime Minister Imran Khan has rejected the Oil and Gas Regulatory Authority’s (OGRA) recommendation of a hike in petroleum prices… Read More
