Business

Sindh sets sales tax collection target at Rs145b for next fiscal year

Amount includes Rs4.7 billion in foreign assistance

Ten more services added to provincial taxation network

Insists businesses will have to pay tax on domestic sales

IMF board decides to take up country’s request for $6b loan on July 3 for decision

Move comes following Washington's withdrawal of key trade privileges for New Delhi

Benchmark index rises 169.88 points to settle at 35,572.95

Distribution firms will recover Rs189.6b from consumers over 15 months

Three other former executives, including founder Arif Naqvi, were charged earlier this year

Attacks on two oil tankers in Gulf of Oman this week give prices floor

World Bank approves package for two projects

Food minister says provincial allocations will also be enhanced to Rs50b

Will deposit $50 million in European bank

The Punjab government will aim to generate a revenue of Rs15 billion

Car manufactures sold 21,813 units in May last year

Fall comes due to international payment pressure

Planning dept says Pakistani given preferential interest rates

It is nearly half the amount taken by PPP govt in its full five-year tenure

Tasks finance ministry with completing deliberations within two days; ministry seeks more time

Decrease comes on account of external debt servicing

Hopes India will drop its trade barriers and trust in competitiveness

Deal of this size will be biggest follow-on share sale globally in seven years

Benchmark index rises 465.14 points to settle at 35,403.07

Incident followed last month's sabotage attacks on vessels off Fujairah emirate

Increase in rates and new slabs means tough time ahead of middle class

Earlier, cabinet decided to make health levy part of Finance Bill 2019

Say focus should be on local industry as vehicles are not primary cause of pollution

Pay hike is insufficient considering massive rupee depreciation, accelerated inflation

It leads to Rs300b cut in development budget, approval of supplementary budget

PFC chief terms budget balanced and development-oriented

Trump says he will decide on whether to extend tariffs after June 28-29 G20 summit

Benchmark index rises 278.08 points to settle at 34,937.93

US Energy Information Administration cuts forecast for 2019 world oil demand growth

Hafeez Shaikh says he is ready to 'offend people' to meet revenue target

Spends Rs2.91tr on public debt retirement in outgoing fiscal year

8.2% deficit projected. Income tax threshold slashed. Customs duty on 2,400 tariff lines up.

Task will be to devise, implement programmes for social protection

Pay, pensions rise; income tax threshold slashed; FBR collection target set at Rs5.5t; 8.2% budget deficit projected

According to the budget draft, Rs29.51b have been earmarked for salaries and Rs33.37b pensioners

Amount of Rs120bn have been reserved for the ongoing hydel power projects and Rs697m for new projects

Rs64.2 million earmarked for the four ongoing projects

Govt will provide Rs271.5 billion in FY20

Rs15.383 million allocated for 500 police barracks in Islamabad

Funds will be utilised to improve water productivity, crop yields

Govt allocates Rs1.171 billion against the outgoing year’s revised estimate of Rs980m

Govt imposes 17% sales tax on textile, leather, carpet, sports goods and surgical instrument sectors

Duty levied on cars of all engine capacities

Govt withdraws 3% tax on price differential to close window for legalising black money

Govt eyes collection of Rs359b against Rs486b in previous year

Proposes harsh, inflationary taxation measures to qualify for IMF programme