Business

PRMI and two online platforms will make regulatory environment business friendly

Approval postponed due to failure to meet some conditions, deadlock in IMF talks

Provincial government proposes cut in tax rates for 10 additional services from 16% to 5%

Aims to provide high-speed internet to 2.2m people in areas of Punjab, K-P

Say certain amendments may hurt efforts to generate cash flow

Amendments will help promote ease of doing business

Rupee weakened against the US dollar at Rs156.19 in the inter-bank market on Monday

President asked HEC to adopt a cooperative approach and enhance communication with universities

Foundation of Islamic banking lies in compliance with Shariah rules and principles

Benchmark index soars 421.36 points to settle at 48,726.08

IEA expects global demand to return to pre-pandemic levels by end of 2022

It is to be seen how govt achieves them with help of democratic institutions

With GDP expansion, govt needs to increase export base and tax collection

Pakistan should review and renegotiate scope of existing treaties

Govt would like to have current account surplus to achieve growth with stability

An in-depth account of distribution between Punjab and Sindh

China accounts for over half of global bitcoin production

Country’s largest exchange suspected of violating foreign exchange regulations

WTO for speeding up vaccine delivery

SPI decreases 0.59%

Recommend allocating minimum Rs50b for development of agriculture sector

UAF VC rejects notion that India is far ahead of Pakistan in farm sector

Industry had demanded exemption from 10% GST, sought zero rating

KSE-100 index inched up 93 points as investors remained cautiously optimistic

Urge government to remove disparity in taxes

Govt lauded for business-friendly budget

Higher export orders, industries running near full capacity aid growth

Shaukat Tarin says initiative will help encourage consumers to get valid receipt from retailers

Duties abolished on almost all raw materials to aid in strengthening local industries

Tarin says status upgrade will help expand telecommunication network, promote investment

Sets Rs5.829 trillion tax collection target for Federal Board of Revenue

Govt expects to spend Rs2.9tr on domestic and foreign debt in ongoing fiscal year

Large chunk of relief will go to power sector

Proposed incentives will lend much-needed support; index likely to touch 55,000 points by December

Funding expected to address food security woes, help country become net food exporter

Government announces exemptions for 850cc cars to make them affordable for general public

Hammad Azhar says PM Imran and cabinet did not approve levy on internet data usage

Brent crude prices expected to hit $80 per barrel as vaccination rollouts boost global economic activity

As a result, trade deficit widens 21% to $21.3b in July-May FY21

Moscow has also shown a keen interest in importing sesame from Pakistan

Performance remained encouraging in 2020-21 as sector grew by 2.77%

Finance minister says economy has to grow by 7-8% per year to accommodate new job-seekers

Finance minister says expenditures estimated on account of income tax, sales tax and customs duty concessions in FY21

Expansion led by strong performance in textile, food, beverages, automobile sectors

Shaukat Tarin says debt not good but necessary to fund high fiscal deficit

Govt unveils people-friendly budget as no new tax imposed on salaried class, economic growth target set at 4.8%

Economic Survey says benchmark KSE-100 index appears set to rise in FY22

Tarin believes IT exports will increase by 100% in coming years

Says power sector is a big challenge for the country

Benchmark index crawls up 53.23 points to settle at 48,304.72