Tag: Finance

Parliamentary Committee to investigate banking, finance business rules

The Special Parliamentary Committee formed by the National Assembly Standing Committee on Finance would look into business practices such as interest rates, annual profits,...

Japan’s finance minister to become new PM

Japan’s premier-designate Yoshihiko Noda on Monday vowed a safe pair of hands in rebuilding the country from its tsunami-nuclear disasters after he was elected...

PMA flays Finance Dept for omitting demonstrators

The Pakistan Medical Association (PMA) on Wednesday condemned the Punjab Finance Department for omitting demonstrators, women medical officers, senior women medical officers, senior demonstrators...

Finance and trade centre plot auction rescheduled

To facilitate potential buyers, the Lahore Development Authority (LDA) on Monday rescheduled open auction of plots earmarked for a five star hotel and super...

Punjab Finance Department claims no discrimination

A spokesman of the Punjab finance department has said that there is no discrimination by distributing honorarium to the staff of the finance department...

Finance Department discriminates in paying honourarium

The Punjab Finance Department has shown discrimination in disbursing honourarium to its employees by giving more to the District Management Group (DMG) officers, sources...

Governor signs Punjab Finance Bill 2011-12

Punjab Governor Latif Khosa on Saturday sent the Finance Bill 2011-12 after signing it. According to sources, the summary sent to the governor was...

PA passes Finance Bill 2011-12

After a formal approval by the Punjab Assembly, the provincial government on Thursday formally levied tax on farmhouses, elite clubs, swimming pools, duty on...

Govt gets finance bill passed with majority vote

The PPP-led coalition government on Wednesday comfortably got the Finance Bill 2011-12 worth Rs 2.7 trillion passed from the National Assembly with majority vote....

DFIs to come under SECP’s regulatory

The government has decided in principle to bring the non banking financial companies including development financial institutions (DFIs) under the regulatory ambit of the...

Finance Ministry establishes media center

In order to develop a fast communication system, the Ministry of Finance has established a Press Center at the Q-Block. According to a press...

Islamic trade finance seen lifting growth of sector

Islamic trade finance has benefited from shifting preferences towards Sharia-compliant banking and could serve as one of the key growth drivers to help the...

Finance committee deliberates on budget

Suggesting that minimum wage should be increased to Rs8,000 per month and taxable income should be above Rs400,000, the Senate Standing Committee on Finance...

Finance Dept suggests ADP shouldn’t exceed Rs 90bn

With severe financial constraints, experts in the Sindh Finance Department have suggested that the Annual Development Programme (ADP) for the fiscal year 2011-12 should...

Govt borrows Rs 783b to finance budget deficit

The country’s budget deficit for the first nine months of FY11 has climbed to a ‘concerning’ Rs 783 billion or 4.5 percent of the...

Financial irregularities in Finance Ministry?

In the midst of a great financial crunch, when a number of poverty- and unemployment-stricken Pakistanis are committing suicide and the government has set...

‘World Islamic Finance Summit 2011’ unveils logo

World Islamic Finance Summit 2011 will be held in Pakistan on the 21st and 22nd of September, 2011. This high-profile conference will provide the...