Category: Economy

Worst market crash in modern times coming soon, investor Jim Rogers warns

Worst market crash in modern times coming soon, investor Jim Rogers warns

International investor Jim Rogers recently claimed that he was expecting the worst market crash in modern times to hit within the next two years. Speaking to the...

All you need to know about Budget 2017-18

Sector wise relief in budget 2017-18

ISLAMABAD: Following are the salient features of sector wise relief in the budget for fiscal year 2017-18: Relief Measures: – Reduction of duty from 11% to 3% and...

Pakistan to achieve 7pc growth rate with ADB aide worth 2.5b

300 percent increase for BISP proposed in budget

ISLAMABAD: An increase of 300 percent has been proposed in budgetary allocation for Benazir Income Support Programme (BISP) with an amount of Rs 121 billion as compared...

Federal budget 2017-18: Govt employees, pensioners get 10% increase

 ISLAMABAD: The federal government on Friday announced a major relief for the government servants and the pensioners, incurring a cost of Rs 125 billion. Finance...

Pakistan to get $ 2.5 billion as infrastructural financing from ADB: Ishaq Dar

Relief-oriented Federal Budget widely hailed

People from different walks of life, including politicians and journalists, have welcomed the federal budget. Renowned industrialist Mirza Ikhtiar Baig has appreciated...

Tax evaders’ life to be made difficult: Dar

Relief measures in the federal budget 2017-18

ISLAMABAD May 26 APP: Following relief measures were announced by Finance Minister Mohammad Ishaq Dar while presenting National Budget for 2017-18 at the parliament...

Here’s the list of what’s costly after this budget

Here’s the list of what’s costly after this budget

Want to know how the new budget impacts your daily life? Here are the goods and services that budget 2017-18 has made expensive: As a result of additional levy, at least...

Ishaq Dar to present Rs 4.8 trillion national budget

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar will present the fifth Federal Budget of the ruling democratic dispensation with an estimated outlay of Rs 4.8...

Railways reduces fares for Ramazan

Railways reduces fares for Ramazan

ISLAMABAD: Pakistan Railways has announced to decrease fare of all classes of all trains up to 20 percent. According to Radio Pakistan, the reduction in fares will be...

SBP sets Nisab for Zakat deduction

SBP sets Nisab for Zakat deduction

KARACHI: The State Bank of Pakistan has fixed Nisab for deduction of Zakat from specific bank accounts at Rs.38,406 for the year 1437-38 A.H. The Zakat will be deducted...