File photo In the new budget, it has been decided to build 250 mini sports complexes in the country next year. The document issued in this regard stated that the project of construction of 250 mini sports complexes will cost 12 billion rupees, the federation and the provinces will spend fifty percent of the funds….
—File photo The US dollar, which had appreciated yesterday, has depreciated in early trading this morning. 286 rupees became 65 paise after the dollar became cheaper by 16 paise in interbank. Yesterday, the dollar closed at 286 rupees 81 paise in the interbank. Business trend is positive in Pakistan Stock Exchange today. Pakistan Stock Exchange…
File photo Experts are continuing to give opinions on the federal budget presented today. Tax expert Zeeshan Merchant has said that we have not achieved the tax target for this year? What new tax you are collecting from the non-filer is not in the system. Zeeshan Merchant says that until these sectors are brought into…
File photo Federal Information Minister Maryam Aurangzeb has said that 5 e-framework will prove to be a game changer for economic development in Pakistan. In a statement issued on social media, Maryam Aurangzeb said that exports, e-Pakistan, water and food security, environment, energy and equity are the pillars of turn-around Pakistan. The Federal Minister said…
—File photo The federal government has decided to introduce important laws with the budget of the current fiscal year 2023-24. According to sources, the government has decided to legislate to punish hoarding of dollars and other currencies. There will be legislation to make hoarding of foreign currency punishable by imprisonment and fine. The new law…
Islamabad: The federal government has decided in principle to set the target of tax collections at 9200 billion rupees and non-tax revenue at 2800 billion rupees in the federal budget of the upcoming fiscal year 2023-24. According to the sources, to meet the target of tax collection in the budget, new taxes of two hundred…
Iconic photo The State Bank of Pakistan (SBP) says that domestic foreign exchange reserves decreased by 178.2 million dollars. According to the Central Bank, the country’s foreign exchange reserves stood at $9.33 billion for the week ending June 2. Reserves of State Bank decreased by 178.5 million dollars to 3 billion 91 million dollars. On…
Lahore: The Muslim League (N) welcomed the formation of Jahangir Tareen’s new political party, the Stability Pakistan Party, and signaled an electoral alliance. On Jahangir Tareen’s announcement, Prime Minister’s Special Assistant and League leader Atta Tarar said that we have good relations with Jahangir Tareen and almost everyone who joined him and Aoon Chaudhry are…
— Photo: APP Islamabad: Pakistan and Turkmenistan have signed a joint project to implement the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. According to the national news agency ‘APP’, Prime Minister Shahbaz Sharif and the delegation of Turkmenistan led by the Minister of Energy and Water Resources participated in the ceremony in Islamabad. Minister of State for…
All Pakistan Textile Mills Association (APTAMA) demanded to continue concessional rates of electricity and gas in the budget. In a letter written to Prime Minister Shehbaz Sharif, Aptma said that the competitive rates of electricity and gas are ending on June 30, competitive rates of electricity and gas should be continued in the next financial…
