The Senate Standing Committee on Finance has passed amendments to three significant bills that pertain to banking services, commercial and industrial agriculture, and secure transactions of financial institutions.The Committee members reviewed, in deta…
Special Assistant on Political Communication Dr. Shahbaz Gill says Central Business District in Lahore will help generate1500 billion rupees in revenue.Addressing a news conference in Islamabad on Thursday, he said five plots in this project have been…
Outflows from the National Savings Schemes have exceeded inflows for the first time in 16 years.The net savings under the National Savings Schemes (NSS) totaled negative Rs. 317.25 billion in FY 2021, according to data released by the State Bank of Pak…
News reports added that the textile and spinning mills started stockpiling cotton as the prices hiked, contributing to the price increase by nearly Rs. 200 to 300 per 40kg.Seed-cotton prices also followed suit and reached their highest ever level of Rs…
The COVID-19 pandemic triggered a widespread global shutdown, halting major economic activities that depressed demand and disrupted supply chains. The manufacturing sector was one of the hardest-hit segments from COVID-19.This was said in a joint devel…
The Board of Directors of Shell Pakistan Limited (SPL) announced the half-year 2021 financial results on August 26th.The company posted a profit after tax of Rs. 2.150 billion as compared to the loss of Rs. 7.873 billion, made in the same period last y…
Federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting with the Chairman and other members of the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) held at the Finance Division. While welcoming the Chairman and members o…
The Special Assistant to Prime Minister on Finance and Revenue, Dr. Waqar Masood, has tendered resignation on emerging alleged differences with Finance Minister Shaukat Tarin.Sources told ProPakistani that Masood had forwarded his resignation to the Pr…
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