Business

Rs11b allocated for the sector covering research, water management, farmer training

Province sets aside Rs25b to clear outstanding bills of K-Electric, others

Direct taxes amount to just 7% of total provincial tax receipts

Bourse ends at 36,941 as post-budget rally overtaken by profit-taking and panic selling

Dutch company reps meet finance minister, were concerned over withdrawal of zero-rated tax regime for dairy sector

Asian Infrastructure Investment Bank will provide another $100m following board’s approval

Funds have come down from Rs59b in FY14 to Rs31b in FY17

So far, 75% of cultivation target has been achieved

Benchmark KSE-100 index falls 473.38 points

Money sent home stood at $16.9b in same period of previous fiscal year

In a letter to finance minister, PBC discusses avenues for improvement

Talha Mehmood, whose name appears in Panama Papers, proposes just 2% tax

Low interest rates, Punjab taxi scheme reasons behind growth in sales

Increased taxes on packaged milk could threaten $500 million investment

PTA auctioned the license to local and international telecom companies, with Telenor winning the bid

The survey came the same week Twitter Inc said its head of product, who took over the team in September, was leaving

Reveals market-ready PHAB2 Pro smartphone imbued with Google-created Tango augmented reality technology

Yahoo will review offers ahead of a final round of bidding expected to lead to a decision by mid-July

Bureaucrats and ministers brief over 75 diplomats and opinion-makers

Takes cue from similar Indian apps that grew tenfold last year

Withdrawal of zero-rating regime for dairy sector expected, price of loose and packaged milk to go up

Few attempts made to expand tax net, simplify tax administration

Benchmark KSE-100 index falls 12.14 points

Consumers will have to pay wheeling charges plus the generation cost

Will consist of members from textile, jewellery, beauty industry

Asset base increases 0.9% on quarter-on-quarter basis

News comes amidst growing mistrust of govt’s intention regarding ‘Maryam Law’

SCO to hold summit later this month, Islamabad may gain its full membership

Central bank says rise in price of oil, better economic indicators hint that risks to price stability are on decline

Pakistan has strong trade relations with Central Asia in textile, garments and agro-based products: Rabia Javeri

CDWP also clears $2b pipeline project to link gas network with Iran

Seeks removal of incumbent in-charge at DPP Peshawar office

Its shareholding in Engro Fertilizers now reduced to 56.6%; deal part of strategy to focus on power-related projects

About 110 schemes out of 131 and 13 out of 43 were completed in less-developed areas of K-P, Sindh

Benchmark KSE-100 index rises 34.10 points

There is huge untapped business potential in both countries, says envoy

Engro Fertilizers CEO says excessive commodity can be exported

Says taxes, duties would adversely impact protein-starved masses

Wellhead gas price set at 55% of the rate set in 2012 petroleum policy

Senate panel objects to courts being disallowed to intervene

Amazon has made steady inroads in India since entering the cut-throat, rapidly growing e-commerce market in 2013

Owing to the takeover as well as low oil prices, Shell is cutting at least 12,500 jobs

LCCI chairman said economic growth can only be achieved by reducing tax rates

Ahsan Iqbal termed CPEC a game changer for the region

The committee also recommended a 20% raise in salaries and pensions of the government employees

50MW project worth $76.93 million would supply power to K-Electric

Would increase illegal import of Iranian cement, reduce consumption locally

Benchmark KSE-100 index rises 40.02 points

May include TDPs in priority areas for grant assistance

Has already worked on important power schemes in Pakistan