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Saturday, April 17, 2021

Ordinance imposes 15% tax surcharge

ISLAMABAD: Three days before the federal government is due to lay out its budget for the fiscal year 2011, the government has added a...

Budget 2012: Govt likely to slash social safety net funding

ISLAMABAD: The government’s flagship social safety net programme, the Benazir Income Support Programme (BISP), may get only 37 per cent of its required budget...

Interior Ministry budget estimated at Rs. 55.80 billion

ISLAMABAD: The budget allocation for the Interior Ministry for fiscal year 2011-12 has been estimated at Rs 55.80 billion, including Rs 50.29 billion including...

Wheat: Higher crop yield to boost production

FAISALABAD: The target of 19 million tons of wheat in the Punjab is likely to be surpassed due to high-yield wheat varieties developed by...

SBP quarterly report: Banking sector assets rise by 8%

KARACHI: Assets of the banking system grew by 7.7% to Rs7.1 trillion during October-December 2010 mainly because of investments in government papers and seasonal...

Transfer of power: Provinces demand end to NEPRA’s role in pricing

ISLAMABAD: Provinces have called for ending the role of the National Electric Power Regulatory Authority (Nepra) in determining power tariff and have demanded transfer...

New model, new price: Indus Motor unveils Corolla Altis

KARACHI: Indus Motor Company (IMC) unveiled the new 2011 Corolla Altis and GLi automatic variants on Tuesday. Toyota Corolla Altis has been introduced with an...

Another setback: NA panel blocks issuance of OGDCL bonds

ISLAMABAD: In another setback to the government’s plan to finance the budget deficit through non-traditional means, a National Assembly panel has opposed the issuance...

Local CNG Cylinders: Financial constraints stagnate initiative

ISLAMABAD: A project by the Ministry of Science to introduce locally made Compressed Natural Gas (CNG) cylinders is lying in doldrums due to lack...

Cell phones: People being tricked into buying cheap replicas

A gang of unscrupulous telephone vendors on Hall Road is fooling people into buying cheap imitations of expensive cell phones by showing them original...

Free trade phase-II: Talks with China on expanding ties in June

A delegation consisting of customs officers and commerce ministry representatives will visit China in June for the second round of the dialogue on Free...

Annual Plan 2011-12 : No concrete solutions to unemployment, poverty and energy crisis

Pakistan’s economic outlook for the next financial year remains fragile and success of upcoming budget hinges on national consensus on levying taxes, netting wealth...