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
Telcos Ask for Reduction in Advance Income Tax (AIT) on Telecom Users
The telecom sector has asked the Federal Minister for Finance Miftah Ismail to reduce advance income tax (AIT) on telecom… Read More
Heads of Public Universities Slam Govt Over Huge Cut in Higher Education Budget
The Vice-Chancellors of public sector universities on Thursday showed serious concerns and strong dismay over the drastic cut in the… Read More
Pakistan Set to Import 100MW Electricity from Iran for Gwadar
Pakistan has approached Iran to supply an additional 100 MW of electricity to the port city of Gwadar. The country… Read More
Dynamic Laws Must to Cope with Cyberattacks: Experts
Over the years, Pakistan has survived numerous cyber-attacks from multiple state and non-state actors, hence dynamic policies and laws are… Read More
Budget Related Work on Hold at FBR Due to Limited Workforce
There was almost no budget-related work done at the Federal Board of Revenue (FBR) on Tuesday due to the limited… Read More
Foreign Direct Investment Declines during 10MFY22
Foreign Direct Investment (FDI) into the country dropped by 1.6 percent during the first ten months (July-April) of the current… Read More
Rupee Breaks All-Time Record to Continue Slide Towards 200 Against US Dollar
The Pakistani Rupee (PKR) continued its decline against the US dollar, slipping to an all-time low for the fourth consecutive… 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
FBR to Collect Rs. 1.24 Trillion in 2 Months to Meet Target
Minister of State for Finance, Dr. Aisha Ghaus Pasha, was briefed by the Federal Board of Revenue (FBR) that revenue… Read More
Govt Gives NBP’s Charge to Highly Controversial Rehmat Ali Hasnie
The federal government has given the Look After Charge of National Bank of Pakistan (NBP) President to Group Chief-CIBG Rehmat… Read More
