Rs 4.39tr tax-heavy budget unveiled on June 3, 2016ISLAMABAD: The government on Friday presented the budget for 2016-17 with an outlay of Rs 4.394 trillion, imposing taxes on sale of property, screening of foreign TV dramas, cement, import of eggs, chicken, frozen fish, dry milk and almonds. Federal Minister for Finance Ishaq Dar presented the budget in both Houses of the parliament. He […]
Govt misses all major targets on June 3, 2016ISLAMABAD: The government missed all major targets including the GDP growth rate that stood at 4.71% against a conceived target of 5.5% during the fiscal year 2015-16, according to the economic survey unveiled on Thursday. Finance Minister Ishaq Dar told reporters at the launching ceremony that the government failed to achieve the 5.5% GDP growth […]
No room for mistakes, president cautions opp on June 2, 2016ISLAMABAD: President Mamnoon Hussain on Wednesday cautioned the opposition against ‘undue criticism’ as he stressed for making collective efforts to give more strength to the democratic process in the country. “The nation needs harmony and consensus now. There is no room for any mistakes. Opposition should not impose its will in an illegal way. We […]
NTC to generate Rs3.274bn revenue by end of current fiscal year on May 26, 2016ISLAMABAD: A standing committee of the Senate was informed on Wednesday that the National Telecommunication Corporation (NTC) had been projected to generate Rs3.274 billion revenue from services by the end of 2015-16. Briefing the Senate Standing Committee on Information Technology and Telecommunication, the NTC director general said the total revenue by the end of current […]
Drone attack may affect US relations: Pakistan on May 25, 2016ISLAMABAD: Slamming the US drone attack inside Pakistani territory, Interior Minister Chaudhary Nisar Ali Khan on Tuesday said the attack may have serious implications on relations between United States and Pakistan. Pakistani government condemns the US drone strike inside its territory as it is in contrast to the United Nations charter and the country’s sovereignty, […]
NA amends criteria for appointment to ECP on May 20, 2016ISLAMABAD: The National Assembly on Thursday unanimously adopted the 22nd Constitutional Amendment Bill, 2016, enabling the retired civil servants and technocrats to be part of the Election Commission of Pakistan. Two hundred thirty-six members cast votes in favour of the bill and none opposed it. The bill moved by Minister for Law and Justice Zahid […]
Imran Khan offers himself, Shaukat Khanum Hospital for accountability on May 19, 2016ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Wednesday offered himself for accountability, asking the government to look into his earnings and investigate whether he had concealed assets or not. Addressing the National Assembly, Imran Khan also offered the government to include Shaukat Khanum Memorial Cancer Hospital (SKMCH) in the terms of reference of the […]
Dust on Panama leaks hasnt yet settled, Khurshid tells govt on May 18, 2016ISLAMABAD: The leader of the Opposition in the National Assembly (NA) Khurshid Shah, on Wednesday told the national assembly that dust had not yet settled over the Panama leaks issue as it was just the beginning. He was addressing the session a day after opposition called off its boycott of the Senate and the National […]
Opp decides to end NA, Senate boycott on May 18, 2016ISLAMABAD: After a consultative meeting and talks with National Assembly Speaker Sardar Ayaz Sadiq, the joint opposition on Tuesday decided to end boycott of parliament. During the meeting, the opposition also agreed over prime minister’s proposal regarding setting up of a joint parliamentary committee to prepare consensus and comprehensive terms of reference (ToRs) to probe […]
Nawaz suggests joint committee on ToRs on May 17, 2016ISLAMABAD: Prime Minister Nawaz Sharif said on Monday that he had nothing to hide and he was ready for accountability at every level. Addressing the National Assembly, the prime minister suggested that a parliamentary committee consisting of parliamentary leaders of all political parties should be formed to draft the terms of reference (ToRs) for the […]