The Federal Board of Revenue (FBR) will contribute to Inland Revenue Common Pool Fund-2023 from the rewards given to the Inland Revenue officials on detection of tax evasion, meeting revenue targets, or showing extraordinary performance in making asse…
The Peshawar Bus Transit system is facing the possibility of shutting down. This is due to the inability of the government to pay five private companies responsible for managing different aspects of the public transportation system.Daewoo Pakistan, wh…
Pakistan’s textile exports in the first 11 months of FY 2022-23 stand at $15.01 billion against $17.61 billion in the same period last year. Exports declined by 20 percent on a monthly basis, looking at $1.31 billion in May 2023 against $1.64 billion …
The Sensitive Price Indicator (SPI)-based inflation for the week ended June 1, 2023, increased by 0.03 percent due to an increase in the prices of food items including onions (7.31 percent), potatoes (2.89 percent), chicken (2.87 percent), tea prepare…
It’s that time of the year again when nationwide emotions of sacrifice meet the festivity of Eid.According to 2022 data from Pakistan Tanners Association, Eid ul Adha generated an estimated economic activity of Rs. 329 billion in the country from sacr…
Planning Minister Ahsan Iqbal says the government has allocated 1100 billion rupees for the development projects in the next fiscal year.Chairing the Annual Plan Coordination Committee meeting in Islamabad today, he said 950 billion rupees of that bud…
Cement sales in Pakistan increased by 19.41 percent in May 2023 with the total cement sales during May standing at 3.966 million tons against 3.321 million tons recorded during the same month of last fiscal year.According to the data released by the A…
Minister of State for Finance and Revenue Aisha Ghaus Pasha has slammed the International Monetary Fund (IMF) for interfering in Pakistan’s internal affairs, arguing that the lender’s mission does not include getting involved with the country’s domest…