Economy

Pakistan Imports Phones Worth $644 Million During July-October FY22

Pakistan imported mobile phones worth $644.673 million during the first four months (July-October) of 2021 compared to $557.961 million during the same period of last year, registering a growth of 15.54 percent, according to the Pakistan Bureau of Stat…

Economy

Pakistan Records Highest Textile Exports Since June 2021

The textile exports of Pakistan were registered at $1.6 billion on October 21, according to the Pakistan Bureau of Statistics (PBS), the highest since June 2021. Compared to the last year, textile exports have increased by 24%, moving from $1.28 billio…

Economy

Pay & Pension Commission Reconstituted Under Chairmanship of Zafar Ahmad Khan

The federal government has reconstituted the 21 member Pay and Pension Commission by making the appointment of Zafar Ahmad Khan as Chairman.The document states that the Ministry of Finance has notified the 21 members Pay and Pension Commission includin…

Economy

ECC Recommends PPRA to Relax Rules for Urea Import

The Economic Coordination Committee (ECC) of the federal cabinet has recommended Public Procurement Regulatory Authority (PPRA) to give exemption to the Trading Corporation of Pakistan (TCP) from its rules to republish tender for procuring urea from ab…

Economy

FBR to Audit Over 50,000 Income Tax Cases of 2019

The Federal Board of Revenue (FBR) has decided to select over 50,000 income tax cases of the tax year 2019 for audit, reflecting an extraordinary increase of 36,000 cases as compared to more than 14,000 cases it had picked for the tax year 2018.The FBR…

Politics

All development projects being completed expeditiously in Punjab: Buzdar

Punjab Chief Minister Sardar Usman Buzdar says all the development projects are being completed expeditiously and transparently in the province.Talking to the members of assembly and party officials in Muzaffargarh, he said every effort is being made t…