Five-year tax relief for overseas investors
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Five-year tax relief for overseas investors
Prime Minister Imran Khan Tuesday announced five-year tax exemption for the overseas investors to bolster investment in Pakistan. He made the announcement during a gathering in Lahore to announce an industrial package to promote business activities in the country. Speaking on the occasion, the prem»»»


Politics of the budget
THE PTI wants to buy its way out of trouble. Who will pay the price? The federal budget 2021-22 presented by Finance Minister Shaukat Tarin on Friday is the documented evidence of this political strategy. He has rung the bell, and the floor is open for business. It is this business that the PTI wan»»»


Pakistan's Rawalpindi faces acute water shortage amid rising temperatures
Rawalpindi [Pakistan], June 1 (ANI): As temperatures continue to soar, Pakistan's Rawalpindi is facing a dwindling water supply, for which low levels of underground water and lack of supply from dams are being largely blamed.Water and Sanitation Agency (WASA) Managing Director Raja Shaukat Mehmood »»»

Govt in violation of debt reduction law, cabinet told
A new debt policy statement for the last fiscal year on Tuesday revealed that the federal government’s burden was Rs11.8 trillion higher than legally allowed limit set by parliament and that some targets fixed under the debt management strategy were also breached. The federal cabinet on Tuesday app»»»

Why IMF is doubling down on bailout package for Pakistan
NEW DELHI: Pakistan Prime Minister Shehbaz Sharif said on Friday that his government has to accept “beyond imagination” conditions to unlock an IMF bailout package."I will not go into the details but will only say that our economic challenge is unimaginable. The conditions we will have to agree to »»»

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