Economy

IT Industry Demands Consistency in Govt Policies for At least 10-15 Years

Muhammad Zohaib Khan, Chairman of Pakistan Software Houses Association ([email protected]), has apprised that there are some indications that the government is contemplating an incentives package for the IT and ITeS industry to boost IT exports in FY2…

Economy

Car Prices Likely to Rise After Govt Removes Limit on Import Duties

The government has proposed withdrawing fixed duties and taxes on the import of old and used Asian cars above 1300cc in its budget for the fiscal year 2023-24.The current cap on duties and taxes for imported used cars up to 1800cc was put in place in …

Economy

RCCI Terms Budget 2023-24 as Balanced, Growth-Driven and Industry Friendly

The Rawalpindi Chamber of Commerce and Industry (RCCI) has termed the fiscal budget 2023-24 as balanced, with a special focus on drivers of growth and industry-friendly under a challenging economic environment.RCCI President Saqib Rafiq while giving r…

General

At least 19 dead as rain, storm devastation ravages KP

In Khyber Pakhtunkhwa, the death toll has risen to nineteen while dozens others were injured due to wind storm and heavy rains in Lakki Marwat, Karak and Bannu districts on Saturday evening.According to Director General Rescue 1122, rescue operation i…

General

Private sector expresses commitment to cooperate in family planning initiative

Prominent speakers have emphasized crucial role of collaboration and highlighted the significance of private sector engagement in advancing family planning initiatives.Speaking at an event held in Karachi featured rapid presentations from eight leadin…

General

Sindh budget with total outlay of Rs 2.247tr for FY 2023-24 presented

Sindh Chief Minister Syed Murad Ali Shah has presented a 2.247 trillion rupees Sindh budget for fiscal year 2023-24 with development outlay of 701 billion rupees.Announcing the budget, he said the total revenue receipts have been estimated at 2.209 tr…