Latest News

6.2m children out of schools despite increase in Sindh education budget

PAR May 22, 2015 0

KARACHI: Despite a steady increase in education budget over the years and legislation to make school education compulsory and free for children, the f...

Budget 2016 preview: For every rupee paid in taxes, 26 paisas will go to defence

PAR May 22, 2015 0

The government is expected to allocate Rs817 billion towards defence spending in fiscal year 2016, of which Rs772 billion is the regular defence budge...

GIDC will trigger inflation, says Zahid HussainGIDC will trigger inflation, says Zahid Hussain

PAR May 22, 2015 0

ISLAMABAD: Pakistan Businessmen and Intellectuals Forum (PBIF) President Zahid Hussain on Thursday said Gas Infrastructure Development Cess (GIDC) wou...

Dar asks businessmen to play their due role for broadening tax net

PAR May 22, 2015 0

Islamabad - Finance Minister Ishaq Dar on Thursday called upon the top business executives to help the government in promoting tax culture in the coun...

Budget strategy paper to be presented before cabinet on 26th: Dar

PAR May 22, 2015 0

ISLAMABAD: Federal Minister for Finance Muhammad Ishaq Dar on Thursday told Senate Standing Committee of Finance that the budget strategy paper for th...

Govt mulls amending law for stopping tax evasion in property sector

PAR May 22, 2015 0

ISLAMABAD - The PML-N government is mulling to bring amendments in law to empower Federal Board of Revenue (FBR) to purchase urban land at about 25 pe...

Pakistan Weather Updates As on 21st May 2015

PAR May 22, 2015 0

Synoptic Situation: Seasonal low lies over Balochistan and adjoining areas. Moist currents from Arabian Sea are penetrating into upper Sindh and centr...

Trade through Wagah Border remains in Pakistan’s favour during first 15 days of April

PAR May 21, 2015 0

LAHORE: Trade deficit is normal thing when someone talks about trade with India through Wahga Border but it turned in favour of Pakistan during the fi...

RTO Multan surpasses revenue target of April, collects Rs 6.2 billion

PAR May 21, 2015 0

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office Multan has surpassed the revenue collection target for April, 2015 by collecting Rs 6.2...

Pakistan lacks culture of tax compliance: FBR Chairman

PAR May 21, 2015 0

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa on Wednesday said that Pakistan lacked a culture of tax compliance and urged youth to w...

Customs foils bid to smuggle 15kg gold, Rs 33.20 million at Lahore airport

PAR May 21, 2015 0

LAHORE: The Model Customs Collectorate Preventive has foiled an attempt to smuggle 15 kilograms gold and foreign currency worth Rs 33.2 million at All...

Fiscal Year 2015: Volume of agriculture loans up

PAR May 21, 2015 0

During the first ten months of the current fiscal year ended April 30 disbursing of agriculture loans peaked to Rs 368.7 billion compared to Rs 288.4...

People being electrified before budget: Qureshi

PAR May 21, 2015 0

Pakistan Tehreek-e-Insaaf leader Shah Mehmood Qureshi has said that Ishaq Dar has hinted to increase electricity by three rupees per unit, while peopl...

Muddling on

PAR May 21, 2015 0

HERE’S a suggestion for the petroleum minister: maybe his ministry should offer guided tours of the LNG import terminal that he claims his government...

Dry milk importers manoeuvring to 'enjoy' zero-rated regime

PAR May 21, 2015 0

The Finance Ministry is reportedly under pressure from companies importing skimmed milk powder and whey powder and are manoeuvring to include dry milk...