Punjab govt proposes tax increase in Finance Bill 2024-25

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LAHORE: The Punjab government proposed increase in the rate of court fees, stamp duty, tax levied on immovable properties in urban areas on the...

IMF bailout beats populism in tax-heavy Rs18.9tr Budget 2024-25

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ISLAMABAD: Finance Minister Muhammad Aurangzeb, in his debut budget 2024-25 speech on the floor of the National Assembly, only confirmed that a long-term loan...

Committee recommends closure, merger of some govt entities; contributory pension for new employees

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ISLAMABAD: The committee constituted to reduce the government’s expenditures recommended on Wednesday to close, merge, or hand over some government departments to provinces, introduce...

SBP to observe Eid holidays from June 17 to 19

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KARACHI:The State Bank of Pakistan (SBP), Wednesday, announced public holiday for three days from June 17 to June 19, 2024 on the occasion of...

Agriculture boosts GDP growth to 2.38%, says FinMin Aurangzeb as other sectors miss...

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ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that Pakistan failed to achieve most macroeconomic targets in the FY2023-24 and added that the agriculture sector...

China visit successful as high-powered Chinese delegation to visit Pakistan soon: PM

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ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said that his recent five-day visit to China remained successful as a high-powered Chinese delegation would visit...

Tarar stresses need for national political reconciliation for resolving all issues

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ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar on Tuesday stressed the need for national political reconciliation to resolve all the issues instead...

SBP cuts key rate by 150bps to 20.5% as inflation cools off

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KARACHI: The State Bank of Pakistan (SBP) cut its key interest rate by 150 basis points on Monday in a widely expected move, marking...

Govt to unveil economic survey 2023-2024 today

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ISLAMABAD: The federal government will unveil the Economic Survey of Pakistan 2023-24, which is a pre-budget document containing the details of major socio-economic achievements...

PM Shehbaz did not send a ‘message of love’ to Modi, says Khawaja Asif...

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ISLAMABAD: After Prime Minister Shehbaz Sharif congratulated Narendra Modi on his reelection as India's prime minister, Defence Minister Khawaja Asif sought to dispel the...