BUSINESS
ECC okays Rs30.2bn grant for Utility Stores Corporation closure
The Economic Coordination Committee (ECC) on Thursday approved a package of Rs30.216 billion for the closure of the Utility Stores...
ECC approves major relief for power consumers
The Economic Coordination Committee (ECC) of the Cabinet has approved a major relief package for national grid electricity consumers, allowing...
IMF suggests insurance cover for losses in natural calamities
The International Monetary Fund (IMF) has asked the government to boost insurance coverage to reduce losses in natural calamities, finance...
PM launches 10 million digital wallets for BISP beneficiaries
Prime Minister (PM) Muhammad Shehbaz Sharif on Monday inaugurated 10 million digital wallets for beneficiaries of the Benazir Income Support...
President notifies formation of nine members committee for 11th NFC
President Asif Ali Zardari has formally constituted the 11th National Finance Commission (NFC) to address critical fiscal matters between the...
Pakistan plans to revise NFC award to meet IMF demands
The Government of Pakistan is considering major changes to the National Finance Commission (NFC) Award after pressure from the International...
Pakistan to launch $1 billion Panda Bonds
In a significant development for Pakistan-China economic relations, Pakistan has decided to issue Panda Bonds worth $1 billion in the...
FBR launches simplified income tax return e-form
The Federal Board of Revenue (FBR) has resolved a major issue for individual taxpayers by launching a simplified and user-friendly...
Govt to ease tax burden on salaried class, FM Aurangzeb
Pakistan Finance Minister Muhammad Aurangzeb on Monday hinted at measures to reduce the tax burden on the salaried class. Talking...
Pakistan to import Sugar to stabilise prices
Government of Pakistan has officially opened Letters of Credit (LCs) to get the 85,000 metric tons of sugar imported under...
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