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20th April, 2011
Notices being issued to tax evaders
ISLAMABAD: The Federal Board of Revenue will issue notices to 50,000 people having a lavish lifestyle but contributing nothing to government’s kitty, a senior tax…
ISLAMABAD: The Federal Board of Revenue will issue notices to 50,000 people having a lavish lifestyle but contributing nothing to government’s kitty, a senior tax…
19th April, 2011
US urges Pakistan to continue economic reforms
WASHINGTON: The United States on Monday encouraged Pakistan, recipient of billions of US aid dollars in recent years, to “continue efforts” on its economic reforms,…
WASHINGTON: The United States on Monday encouraged Pakistan, recipient of billions of US aid dollars in recent years, to “continue efforts” on its economic reforms,…
19th April, 2011
Pak team returning without money
WASHINGTON: The Pakistani delegation to the International Monetary Fund-World Bank spring meetings is returning home without any understanding on the release of the final instalment…
WASHINGTON: The Pakistani delegation to the International Monetary Fund-World Bank spring meetings is returning home without any understanding on the release of the final instalment…
17th April, 2011
Hafeez seeks development cooperation from economic powers
WASHINGTON: Finance Minister Abdul Hafeez Shaikh discussed on Sunday development partnership with leaders of major economic powers in separate meetings on the occasion of annual…
WASHINGTON: Finance Minister Abdul Hafeez Shaikh discussed on Sunday development partnership with leaders of major economic powers in separate meetings on the occasion of annual…
17th April, 2011
Parliament resisting tax reforms: Hafeez
WASHINGTON: Finance Minister Abdul Hafeez Sheikh has indicated that the government may seek another International Monetary Fund (IMF) programme as a short-term effort to fill…
WASHINGTON: Finance Minister Abdul Hafeez Sheikh has indicated that the government may seek another International Monetary Fund (IMF) programme as a short-term effort to fill…
16th April, 2011
IMF, World Bank speak of Arab Spring
WASHINGTON: The International Monetary Fund and the World Bank hold talks Saturday about aid to Arab countries whose economies have suffered as their people push…
WASHINGTON: The International Monetary Fund and the World Bank hold talks Saturday about aid to Arab countries whose economies have suffered as their people push…
16th April, 2011
G20 turns spotlight on shortcomings of big economies
WASHINGTON: At least seven of the world’s leading economies will undergo scrutiny of their economic policies under a new plan to help prevent future financial…
WASHINGTON: At least seven of the world’s leading economies will undergo scrutiny of their economic policies under a new plan to help prevent future financial…
16th April, 2011
IMF, WB place India, Pakistan in lower-middle income states
WASHINGTON: A joint report released by the International Monetary Fund and the World Bank on Friday placed both India and Pakistan among lower-middle income countries.…
WASHINGTON: A joint report released by the International Monetary Fund and the World Bank on Friday placed both India and Pakistan among lower-middle income countries.…
15th April, 2011
Forex reserves sustainability a cause for concern
KARACHI: Pakistan’s foreign exchange reserves are at a record high yet the sustainability of those reserves are a cause for concern in the medium term,…
KARACHI: Pakistan’s foreign exchange reserves are at a record high yet the sustainability of those reserves are a cause for concern in the medium term,…
14th April, 2011
Pakistan’s July-March foreign investment falls 0.3 per cent
KARACHI: Net foreign investment in Pakistan fell 0.3 per cent to $1.318 billion in the first nine months of the 2010/11 fiscal year, due to…
KARACHI: Net foreign investment in Pakistan fell 0.3 per cent to $1.318 billion in the first nine months of the 2010/11 fiscal year, due to…
14th April, 2011
Pakistan’s forex reserves ease to $17.31 bln
KARACHI: Pakistan’s foreign exchange reserves eased to $17.31 billion in the week ending on April 9, from $17.64 billion the previous week, a senior central…
KARACHI: Pakistan’s foreign exchange reserves eased to $17.31 billion in the week ending on April 9, from $17.64 billion the previous week, a senior central…
12th April, 2011
Oil prices key risk to solid global recovery: IMF
WASHINGTON: The global economy is firmly on the mend in 2011 but faces rising headwinds, particularly from higher oil prices, the International Monetary Fund said…
WASHINGTON: The global economy is firmly on the mend in 2011 but faces rising headwinds, particularly from higher oil prices, the International Monetary Fund said…
11th April, 2011
Slack in the budget
As the policymakers move into the budget making process, they are faced with the challenge to put in place a sustainable basis for a three-year…
As the policymakers move into the budget making process, they are faced with the challenge to put in place a sustainable basis for a three-year…
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28th March, 2011
26th March, 2011
Govt plans for new IMF loan
ISLAMABAD: The federal government has decided in principle to enter into another International Monetary Fund (IMF) loan programme after concluding the fifth review of the…
ISLAMABAD: The federal government has decided in principle to enter into another International Monetary Fund (IMF) loan programme after concluding the fifth review of the…
25th March, 2011
Lifting of ban on forward booking Currency market reacts sharply
KARACHI: The currency market reacted sharply on the first day after the restoration of forward cover facility and panic prevailed in the market over the…
KARACHI: The currency market reacted sharply on the first day after the restoration of forward cover facility and panic prevailed in the market over the…
16th March, 2011
Rs120bn ‘mini-budget’ unveiled
ISLAMABAD: In a major development, the government introduced on Tuesday a Rs120 billion ‘mini-budget’ through presidential ordinances, envisaging Rs53 billion of additional taxes on income,…
ISLAMABAD: In a major development, the government introduced on Tuesday a Rs120 billion ‘mini-budget’ through presidential ordinances, envisaging Rs53 billion of additional taxes on income,…
16th March, 2011
1.6m of 1.7m taxpayers are in lowest tax bracket
ISLAMABAD: If official figures are to be believed, out of Pakistan’s 1.7 million taxpayers, around 1.6 million taxpayers pay about Rs21,000 each as income tax…
ISLAMABAD: If official figures are to be believed, out of Pakistan’s 1.7 million taxpayers, around 1.6 million taxpayers pay about Rs21,000 each as income tax…
16th March, 2011
Govt hikes power tariff by 27 paisa
ISLAMABAD: The federal government increased power tariff by up to 27 paisa per unit across the country on Tuesday through a 2 per cent special…
ISLAMABAD: The federal government increased power tariff by up to 27 paisa per unit across the country on Tuesday through a 2 per cent special…
15th March, 2011
Notification issued for increase in electricity price
ISLAMABAD: The ministry of water and power Tuesday issued the notification for an increase in electricity prices by two per cent. The increase will be…
ISLAMABAD: The ministry of water and power Tuesday issued the notification for an increase in electricity prices by two per cent. The increase will be…
