ISLAMABAD: Minister for Finance Shaukat Tarin on Friday said that the government had taken several measures in order to provide tax relief to already tax payers, besides introducing steps to enhance tax to GDP ratio, which was at the lowest level as compared the regional countries. Presenting the federal budget 2021-22 in the National Assembly, […]
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PM says govt’s friendly policies led to revival of investors’ confidence
ISLAMABAD: Prime Minister Imran Khan on Thursday while highlighting the golden investment opportunities in Pakistan for foreign investors, said that the government’s pro-investor policies had led to the revival of investors’ confidence. The prime minister, in a meeting with a delegation of Coca Cola which called on him here, said the enhanced investment in multiple […]
Govt denies Justice Siddiqui’s statement against state officers as ‘baseless’
ISLAMABAD: The federal government on Thursday denied allegations levelled by Justice Shaukat Aziz Siddiqui, a former Islamabad High Court judge, against officers of the state, terming them ‘baseless’ and ‘misleading.’ On behalf of the government, the additional attorney general submitted a statement in the Supreme Court which is hearing an appeal filed by Justice Siddiqui […]
Govt changes school timings in Islamabad due to heatwave
The federal government on Wednesday changed timings of schools in Islamabad due to ongoing heatwave that has gripped the federal capital, according to a notification, issued by the Federal Directorate of Education on Wednesday. According to the notification, institutes operating in a single shift can remain open from 7am till 11am from Monday to Thursday. […]
Balochistan govt to present ‘relief-oriented’ budget on June 18
ISLAMABAD: The Balochistan government, led by the Balochistan Awami Party, will present its budget for the fiscal year 2021-22 in the Provincial Assembly on June 18. The government would unveil its ‘relief-oriented’ and ‘pro-people’ budget for the upcoming fiscal year 2021-22, with a total outlay of more than Rs 500 billion. Provincial Finance Minister Mir […]
‘Govt to consult industrialists, traders to resolve textile industry’s problems’
FAISALABAD: State Minister for Information and Broadcasting Farrukh Habib has said that problems of textile industry will be solved in consultation with industrialists and traders. Addressing a reception hosted in his honour by former All Pakistan Cotton Power Looms Association (APCPLA) chairman Chaudhary Javaid Sadiq Kahlon on Sunday, he said that the PTI-led government had […]
PANAH asks govt to introduce 20% tax on sugar sweetened beverages
RAWALPINDI: Pakistan National Heart Association (PANAH) on Sunday requested the government to impose 20 percent tax on sugar sweetened beverages as its high consumption was one of the major causes of obesity and non-communicable diseases. The PANAH made recommendations in a jointly organized workshop with the Ministry of Nutrition, Ministry of Health and Consultant of […]
Rehman urges UN to introduce universal laws to protect, restore ecosystem
ISLAMABAD: Institute of Research and Reforms (IRR) Chairman Senator A Rehman Malik, also a former interior minister, has urged the United Nations to introduce international laws for the restoration of ecosystem and asked the government of Pakistan to declare illegal cutting down of trees as a criminal offence. Delivering keynote address at a webinar on […]
Govt completes of first payment transaction to 20 power producers
ISLAMABAD: The government has completed the first payment transaction amounting of Rs 89.2 billion to 40 percent to 20 independent power producers (IPPs). In compliance with the directives of the prime minister and under guidance of the finance minister, the government has completed the first payment transaction of 40 percent to 20 IPPs amounting to […]
Sindh cabinet approves pension reforms scheme to save Rs894bn
KARACHI: Sindh cabinet on Friday while considering the significance and future financial implications of the pension payments has approved a pension reforms scheme under which around Rs 894.4 billion would be saved, otherwise the pension bill of the government would surpass the salary bill within next 10 years. The meeting was held under the chairmanship […]