Business

Tarin announces Rs250m prize scheme for sale receipt holders

Tarin announces Rs250m prize scheme for sale receipt holders

In order to broaden the tax net, Finance Minister Shaukat Tarin announced on Saturday that the government will bring in…
Large-scale manufacturing grows 12.9% in July-April 2020-21

Large-scale manufacturing grows 12.9% in July-April 2020-21

 Large-scale manufacturing (LSM) in the country grew by 12.9% per cent in the July-April period of fiscal year 2020-21 as compared…
Businessmen praise budget 2021-22, but warn of long-term impact on trade

Businessmen praise budget 2021-22, but warn of long-term impact on trade

Pakistan’s business community believes the government’s budget for 2021-22 “seems balanced”, but has warned of possible long-term effects of it…
Russia lifts ban on import of Pakistani rice

Russia lifts ban on import of Pakistani rice

Russia has lifted the ban on importing Pakistani rice. Addressing a press conference in Islamabad, Federal Minister for National Food…
Budget 2021-22: Govt proposes tax cut to bring down car prices

Budget 2021-22: Govt proposes tax cut to bring down car prices

The Pakistan Tehreek-e-Insaf (PTI) government is all set to unveil the federal budget 2021-22 in the National Assembly today (Friday).…
SBP foreign reserves rise $281mn to $16.4bn

SBP foreign reserves rise $281mn to $16.4bn

The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by US$281 million and were recorded at $16,414 million during…
Overseas Pakistanis send over $26 bn remittances in 11 months of FY20

Overseas Pakistanis send over $26 bn remittances in 11 months of FY20

 Remittances to Pakistan hit $26.7 billion in 11 months of this fiscal year (July-May), the highest level on record and…
PTI’s third budget to have an estimated outlay of Rs8 trillion: state media

PTI’s third budget to have an estimated outlay of Rs8 trillion: state media

The Pakistan Tehreek-e-Insaf government on Friday will present its third budget, for the fiscal year 2021-22, with an estimated outlay…
KCCI chief urges govt to prioritise agri sector

KCCI chief urges govt to prioritise agri sector

President Karachi Chamber of Commerce and Industry (KCCI) Shariq Vohra has asked the government to give priority to the agriculture…
Budget 2021-22: Pakistan govt plans to increase tax on cigarettes

Budget 2021-22: Pakistan govt plans to increase tax on cigarettes

Pakistan’s health ministry has proposed a 30% increase in the tax rates for the cigarette industry in the upcoming budget…
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