The Higher Education Commission (HEC) has alerted students and faculty members about false information being circulated by anti-education groups through… Read More
Salaried People No Longer Required to Submit Taxpayer’s Profile to FBR
Under the Finance Bill 2020, the salaried class is not required to submit “Taxpayer’s profile” to the Federal Board of… Read More
Islamic Finance Can Help Developing Countries Cope With Global Challenges
In order to help developing countries cope with global financial challenges, Prime Minister’s Adviser on Finance and Revenue Dr. Abdul… Read More
Pakistan Will Spend 41% of Total Budget on Debt Servicing in 2020-21
Pakistan will spend around Rs. 2.946 trillion on interest payments to the holders of National Debt and retiring its principal… Read More
Pakistan’s Economy Suffered a Loss of Rs. 3 Trillion Due to COVID-19
Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has acknowledged that COVID-19 has inflicted losses… Read More
Budget Worth Rs. 7.5 Trillion to be Announced Today
The federal government is set to present the budget for the fiscal year 2020-21, with an estimated outlay of around… Read More
Pakistan All Set to Become An Exporter of Medical Equipment
Federal Minister for Science and Technology, Chaudhry Fawad Hussain has revealed that Pakistan is in a position to export safety… Read More
NEPRA Chairman Stresses Deregulation, Demands Reduction in Electricity Tariff
Electricity demand, which has tanked due to industrial slowdown, may never go back to pre-COVID-19 levels, and recovery will not… Read More
Banks Approve Rs. 21 Billion For SMEs Under Rozgar Refinancing Scheme
Out of the total Rs. 95.8 billion approved under Rozgar Refinancing Scheme, banks have approved requests amounting to Rs. 21… Read More
SBP Proposes Abolishing Withholding Tax on Cash Withdrawal From Banks
The State Bank of Pakistan (SBP) has sent budget proposals for 2020-2021 that are under consideration of the Federal Board… Read More
Here’s Why There Was a Petrol Shortage in Pakistan
Recently, we witnessed a petrol shortage as Oil Marketing Companies (OMCs) closed fuel pumps across Pakistan due to shortage of… Read More
Pakistan Gets $1.8 Billion Debt Relief from the Paris Club of Nations
The Paris Club of creditor nations has agreed to suspend debt service payments from Pakistan, Chad, Ethiopia, and the Republic… Read More
