Pakistani automotive industry is flooded with the new automakers. Although it has been a positive development for the industry, people are still yearning for more affordable cars in the market. According to current news, the government is considering dropping taxes on vehicles with an engine ...

The federal government will present budget 2021-22 on June 11 link with an outlay size of around Rs8,000 billion. As the total size of the economy now stands at Rs52,057 billion, the federal government is to set the economic growth target of 4.8 percent for FY22. In FY22, the government would ...

ISLAMABAD - The basic model of the federal budget 2021-22 has been emerged on Thursday. According to the reports, the main targets of the budget strategy will be budget relief and investment. "Balance in food prices and increase in tax revenue are also important targets of the budget." It was ...

Federal Minister for Information and Broadcasting Fawad Chaudhry on Tuesday said Kuwait has started issuing work visas to Pakistanis after a ten-year-long suspension. In a series of tweets, Fawad Chaudhry said, Pakistan’s recovery from the coronavirus has surprised the world. The positivity ...

ISLAMABAD – Finance Minister Shaukat Tarin shot down the rumours of imposing new taxes in the upcoming budget. The newly appointed minister said the government would enhance the growth rate in the next fiscal year and going to introduce innovation in resource mobilization. Adding that we would ...

The Ministry of Finance has proposed an allocation of Rs900 billion for development projects in the upcoming federal budget; Rs250 billion more than the previous year. Over Rs99 billion have been earmarked for the water projects; Rs103 billion for energy projects, while Rs27 billion have been ...

ISLAMABAD-Federal Minister for Planning and Development Asad Umar on Saturday said that the federal government would fully support Karachi, the biggest city of Pakistan as record amount is allocated for health sector in the federal's budget for fiscal year 2020-21.The minister said that efforts are ...

ISLAMABAD-The House is continuing discussion on the budget for next fiscal year. Participating in the debate, Amir Dogar said a balanced budget has been presented for the next fiscal year in face of the challenge posed by COVID-19. He expressed the confidence the government will deliver on its ...

ISLAMABAD-At the outset, the Speaker directed his secretariat to send to the federal and provincial departments for implementation the resolution passed by the National Assembly the other day about writing Khatamun Nabiyyin with the name of Holy Prophet Hazrat Muhammad (Peace Be Upon Him) in the ...

ISLAMABAD-The House is continuing discussion on the budget for next fiscal year. Participating in the discussion, Usama Qadri said the minimum wage should be fixed at twenty five thousand rupees. He said Karachi greatly contributes to the country’s economy but regretted that the city’s ...