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Pakistan & China reaffirm their strategic partnership in challenging times: ISPR Top military leaders from Pakistan and China met in Beijing to discuss the international and regional security situation

On: June 13, 2022

Tagged: defence cooperation, international and regional, PAKISTAN-CHINA, security situation, strategic partnership.

Pakistan & China reaffirm their strategic partnership in challenging times: ISPR RAWALPINDI ( Web News ) Top military leaders from Pakistan and China met in Beijing to discuss the international and regional security situation and expressed satisfaction on defence cooperation between the two countries. According to the Inter-Services PublicRead More →

Electricity price would shoot up to Rs 40 per unit Petrol Rs. 310 per liter Govt was misleading people by claiming they face an uphill task on the economic front: Shaukat Tarin

On: June 12, 2022

In: Breaking News

Tagged: budget 22-23, country's debt, Govt was misleading, Senator Shaukat Tarin, spin doctory

Govt was misleading people by claiming they face an uphill task on the economic front: Shaukat Tarin Says during PTI’s tenure, the country’s debt did not increase by 80%, it moved up by 76% Umer Ayub says electricity price would shoot up to Rs 40 per unit next month, whileRead More →

Banks To Pay Super-Tax @45% Of Their Profit From July 1, 2022 It’s a pro-IMF budget where the only target is to get loans and focus on their repayments.

On: June 12, 2022

In: Banking Sector

Tagged: Banks To Pay, IMF Condition, relaxation Salary class, Super-Tax @45%

Banks To Pay Super-Tax @45% Of Their Profit From July 1, 2022 It’s a pro-IMF budget where the only target is to get loans and focus on their repayments. Only relaxation is given to the salary class as the inflation is sky rocketing. ISLAMABAD ( JAVID CHOUDHRY ) In theRead More →

ICCI calls for reviewing taxes on real estate sector in budget to save construction industry from problems

On: June 11, 2022

In: Chambers

Tagged: budget, ICCI, Muhammad Shakeel Munir, real estate sector, Taxes

ISLAMABAD (PRESS RELEASE) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the construction industry plays a vital role in the development of the economy as the better growth of this industry promotes the business of over fifty allied industries. However, the government has imposed new taxesRead More →

PTI chairman Imran Khan rejects federal budget for FY2022-23 “We reject this anti-people and anti-business budget presented by the imported government, " tweet.

On: June 11, 2022

In: Breaking News

Tagged: Chairman Imran Khan, economic growth (5%), inflation (11.5%), rejected Budget 22-23, Rs9.5 trillion

PTI chairman Imran Khan rejects federal budget for FY2022-23 ISLAMABAD ( Web News ) Former prime minister and Pakistan Tehreek-e-Insaf Chairman Imran Khan on Friday rejected the Rs9.5 trillion federal budget for the fiscal year 2022-23. “We reject this anti-people and anti-business budget presented by the imported government,” he wroteRead More →

Federal Budget 2022-23 with total outlay of Rs 9.5 trillion presents in NA He said that a budget of 800 billion rupees has been earmarked for the next year's PSDP.

On: June 11, 2022

In: Breaking News

Tagged: Benazir Income Support, Federal Budget 2022-23, PSDP Rs 800 billion, Rs 9.5 trillion, Rs.1523 b for Defence

Dr. Miftah Ismail presents Federal Budget 2022-23 with total outlay of Rs 9.5 trillion in NA Salaries of govt employees increased by 15% Announces to merge the adhoc relief measures in the basic pay ISLAMABAD ( Web News ) The Federal Budget 2022-23 with a total outlay of 9502 billionRead More →

Ufone 4G users can now enjoy more power with UPower 250 ‘Apni Marzi Chala’ is what UPower offers to its customers in this industry-unique proposition.

On: June 11, 2022

In: Company News

Tagged: Apni Marzi Chala, combined bundles, PTA’s Quality Index 2022, Ufone 4G users, UPower 250

Ufone 4G users can now enjoy more power with UPower 250 ISLAMABAD ( Web News ) Ufone 4G – Pakistan’s no. 1 voice and data network as per Pakistan Telecommunication Authority (PTA)’s Quality Index 2022 – has introduced ‘UPower 250’ to enhance the scope of its unique offering, UPower. TheRead More →

ICCI terms Federal Budget 2022-23 apparently a balanced one Special economic zones, which is welcome as it would boost industrialization and exports of the country.

On: June 11, 2022

In: Commerce and Industry

Tagged: agricultural machinery, balanced budget, economic zones, Federal Budget 2022-23, Islamabad Chamber

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the Federal Budget 2022-23 apparently seems to be a balanced budget. However, a full reaction on the budget will be given after its detailed review. He expressed these views while addressing the mediaRead More →

The Bank of Punjab Takes Measures for Staff During Rising Inflation Pakistan is also witnessing unprecedented economic turmoil, with inflation rate rising at an exponential rate.

On: June 11, 2022

In: Banking Sector

Tagged: Capping of fuel price, Measures for Staff, Rising Inflation, Salary Increment, The Bank of Punjab

The Bank of Punjab Takes Measures for Staff During Rising Inflation LAHORE ( Web News ) Inflation is a global phenomenon that has impacted many countries worldwide resulting in high fuel prices. Pakistan is also witnessing unprecedented economic turmoil, with inflation rate rising at an exponential rate. Keeping in viewRead More →

Economic Survey 2021-22. GDP growth rate of 5.97% Miftah said during the current fiscal year, the imports increased by 48% to $75 billion whereas the exports rose by 28 %.

On: June 9, 2022

In: Breaking News

Tagged: Economic Survey 2021-22, GDP rate 5.97%, imports increased by 48%, Miftah Ismail, pre-budget document

ISLAMABAD (Web News) Federal Minister for Finance and Revenue, Miftah Ismail Thursday formally launched the pre-budget document, ‘Pakistan Economic Survey 2021-22’. Among others, the launching ceremony was attended by minister for Planning, Development and Special Initiatives, Federal Minister for Power, Khurram Dastigir, State minister for Finance and Revenue, Aisha GhausRead More →

BOP launched its first indigenously developed Digital Kissan Portal The launch of BOP’s Kissan Portal will bring in more efficiency and enhance bank’s outreach.

On: June 9, 2022

In: Banking Sector

Tagged: agriculture clients, BOP launched, credit applications, Digital Kissan Portal, underserved segments

LAHORE ( Web News ) BOP launched its first indigenously developed Digital Kissan Portal on June 09, 2022. Speaking at the occasion, Mr. Zafar Masud (President & CEO – The Bank of Punjab) emphasized upon the impending need to digitize on boarding of agriculture clients which involves account opening andRead More →

ACCA Recommended Budget Proposal for Fiscal Year 2022-23 Pakistan must focus on lowering its import bill by bringing down all non-essential imports and improving exports is the second major step.

On: June 9, 2022

In: Commerce and Industry

Tagged: ACCA Recommended, Budget Proposal 2022-23, capacity of FBR, charter of economy, non-essential imports

ACCA Recommended Budget Proposal for Fiscal Year 2022-23 KARACHI ( Web News ) In the budget proposals released today by ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants has suggested that the Government/political parties and businesses should sign a “charter of economy” for the nextRead More →

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