Tag: budget

Zardari says budget failed to address critical issues

Reacting on the budgetery proposals, former president and Pakistan People’s Party (PPP) Co-Chairman Asif Ali Zardari has said that while the party is yet...

Govt allocates Rs 222.061 mln for education in capital

The government has allocated Rs 2221.061 million for the Federal Education and Professional Training Division for the Fiscal Year 2016-17 in the Public Sector...

Budget fails to address real issues of economy: IPR

Says since Pakistan’s last population census took place in 1998, all plans or budgets are based on a lack of information about number of...

Opp parties on same page against corruption: Sarwar

Former Punjab Governor and Pakistan Tehreek-e-Insaf (PTI) leader Chaudhry Sarwar has said that opposition parties were on the same page against corruption and that...

Joint session of Parliament summoned on Wednesday

Budget to be presented in National Assembly on June 3 A joint session of parliament has been summoned for June 1, it was reported on...

Rs 275 billion annual tax evasion by 11 sectors

    A parliamentary panel was informed by chartered accountants led Tax Reforms Committee (TRC) on Thursday that the tax theft by 11 sectors alone is...

Punjab govt to present budget on June 10

  The Punjab government’s budget for the fiscal year 2016-17 will be presented on June 10. According to a source, in this year’s budget, a total...

ICCI for doubling income tax threshold in upcoming budget

Islamabad Chamber of Commerce and Industry President Atif Ikram Sheikh, while addressing an event attended by Member National Assembly and Standing Committee on Parliamentary...

Rs 1 trillion federal development outlay likely for next financial year

The government is considering fixing the development budget outlay of Rs 1 trillion for the next fiscal year, out of which an allocation of...

Govt under pressure to announce relief for agriculture, trade in budget

  As the government starts preparing the budget for the next fiscal year, it has come under pressure from parliamentarians to announce relief measures for...

NA standing committee approves PSDP budgetary proposals

National Assembly’s standing committee on Railways has given approval to budgetary proposals related to Public Sector Development Programme (PSDP) 2016-17. The committee Chairman Syed...

LCCI for energy, water-focused Budget 2016-17

    Lahore Chamber of Commerce and Industry (LCCI) has expressed the hope that the Federal Budget 2016-17 will be business friendly and energy/water-focused. In a joint...

Speakers want exports to be facilitated in next budget

    Export-oriented industries should be facilitated to the maximum in the upcoming Federal Budget 2016-17 as the export sector plays an important role in the...

FPCCI wants budget to promote ease of doing business

    The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has asked the government to focus on ease of doing business which will attract...

Govt to increase South Punjab budget, says finance minister

A delegation from tribal areas of DG Khan led by Sardar Rehmat Khan Khuzdar called on Provincial Minister for Finance Dr. Ayesha Ghaus Pasha...

Minister says next budget will be industry-friendly

    Provincial Minister for Finance Dr Ayesha Ghaus Pasha has said that promotion of industries is the top priority of the government and the upcoming...

Development budget next year to be less than Rs645b

The federal development budget for the new financial year is expected to be less than Rs645 billion. This budget cut will have an adverse...