UNS:l Punjab Finance Minister Mujtaba Shujaur Rehman on Thursday presented Rs5,446 billion budget 2024-25 in the Punjab Assembly amid ruckus by the opposition. The budget session started two hours late with Malik Muhammad Ahmed Khan in the chair. The session was due at 2pm. Opposition protest The opposition staged a […]
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ISLAMABAD -UNS:Finance Minister Muhammad Aurangzeb on Thursday expressed his aim to increase the tax-to-GDP ratio to 13 per cent in the next three years, from the current one of more than 9pc. Addressing a post-budget press briefing in Islamabad, Aurangzeb said: “Our basic principles while framing this budget were to […]
ISLAMABAD -UNS: Governor Khyber Pakhtunkhwa Faisal Karim Kundi visited Federation of Pakistan Chamber of Commerce and Industry (FPCCI). While talking to the President FPCCI Atif Ikram Sheikh and other people from the business community, he said that Charter of democracy has been done, now there should be Charter of Prosperity. […]
ISLAMABAD -UNS: The Government of Japan today announced grant aid worth 326 million Japanese Yen (around 2.08 million USD) for the Human Resource Development Scholarship (JDS) program in the Islamic Republic of Pakistan. Mitsuhiro WADA, Ambassador of Japan to the Islamic Republic of Pakistan, and Dr. Kazim Niaz, Secretary of […]
ISLAMABAD -UNS: The government has decided to increase development budget for the next fiscal year, sources say, as Finance Minister Muhammad Aurangzeb is expected to table the document before the Lower House of Parliament on June 8. Read more: Improve tax collection or we will need another IMF package: Aurangzeb […]
PESHAWAR -UNS: The Khyber Pakhtunkhwa Assembly has unveiled a surplus budget of Rs1,754 billion for the fiscal year 2024-25. The budget session started two hours late which was presided by Speaker Babar Saleem Swati. Finance Minister Aftab Alam presented the budget in the attendance of KP Chief Minister Ali Amin […]
LAHORE -UNS: Iftikhar Ali Malik, former President of LCCI, FPCCI, and SAARC Chamber, and Business Leader Asia, has urged the government to implement key measures to boost economic growth. In a statement Malik calls for reduced power tariffs to stimulate economic activity and employment. He advocates for broadening the tax […]
ISLAMABAD -UNS: Golam Sarwar, Secretary General, SAARC urged the business community of SAARC member states to support and cooperate in advancing the mandate of SAARC and its initiatives,”. Ambassador Golam Sarwar, Secretary General SAARC during his maiden visit to Pakistan after assuming the Chair of SG, SAARC in SAARC Secretariat […]
UNS: The Khyber Pakhtunkhwa government is all set to reveal its budget for the financial year 2024-25 in the Provincial Assembly today (Friday), with an estimated total outlay of Rs1.6 trillion. According to the KP Finance Ministry, the budget is structured with an outlay of approximately Rs1.6 trillion, with expenditures […]
By Qamar Bashir R&D and publication of research papers are the lifeblood of a nation’s prosperity. By fostering innovation, they fuel economic growth through new products, efficient processes, and a competitive edge in the global market. This translates to wealth creation via high-paying jobs, intellectual property, and a reputation for […]