KARACHI: The Abroad Buyers Chamber of Commerce and Business (OICCI) welcomes the Federal Price range 2025-26. Crafted below important fiscal stress, IMF commitments, exterior imbalances and the residual weight of years of consolidation, this can be a finances that reveals restraint, some structural ambition, and significant ahead motion in chosen areas. It’s not an ideal…
Co-hosts Canada grabbed a second-half equalizer to attract 1-1 with Bosnia and Herzegovina on Friday within the first World Cup finals recreation ever performed on Canadian soil. Cyle Larin acquired Canada’s objective after Jovo Lukic put Bosnia forward with a header within the twenty first minute in Toronto. The outcome gave Canada its first level…
Federal Minister for Communications of Pakistan, Abdul Aleem Khan, directed the authorities involved to expedite the implementation of Clever Transportation Methods (ITS) and introduce cashless digital toll assortment on main highways and motorways throughout Pakistan to boost effectivity, safety, and public comfort. Chairing a high-level assessment assembly throughout his go to to the Nationwide Highways…
Islamabad / Lahore / Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Business (FPCCI), has acknowledged the presentation of the Rs. 18.7 trillion Federal Price range 2026-27, commending the federal government’s efforts in direction of macroeconomic stabilization – whereas urging a stronger transition in direction of sustained financial and…
Finance Minister Muhammad Aurangzeb on Friday mentioned that the federal government was dedicated to decreasing the disproportionate tax burden on sure courses by widening the tax web. Talking on the Geo Information program ‘Aaj Shahzeb Khanzada Kay Saath’ following the disclosing of a Rs18.8 trillion funds for the subsequent fiscal yr, Aurangzeb mentioned: “Exporters, producers,…
DUBAI/WASHINGTON/PARIS: The US and Iran signaled on Friday that an settlement to finish their warfare was shut, with a senior US administration official saying a textual content was in place that each side like. Iran’s decision-making our bodies had been assembly to debate the memorandum, Iran’s overseas ministry spokesperson stated. Pakistan, which has for weeks…
ISLAMABAD: The federal authorities has proposed a big enhance in protection spending for the fiscal 12 months 2026-27, recommending an allocation of three trillion rupees, up practically 18% from the revised 2.595 trillion rupees budgeted for the present fiscal 12 months. In line with finances paperwork, the proposed enhance displays the federal government’s concentrate on…
Average inflation expected to be 8.2pc; finance minister says large chunk of budgeted expenditures to be allocated for markup payments. Salient Features • GDP growth target set at 4pc; average inflation projected at 8.2pc • Income tax cut for those earning above Rs183,000 per month • Withholding tax on foreign debit/credit card transactions slashed from…
The Federal Price range 2026-27 supplied little consolation to these most affected by the present skyrocketing inflation in Pakistan, which impacts the decrease and center courses essentially the most. Regardless of guarantees of reduction, low-income salaried employees have been largely ignored. In the meantime, spending on important sectors equivalent to well being and training stays…
ISLAMABAD: The federal government has proposed new tax measures focusing on imported luxurious autos and SUVs as a part of its upcoming funds, aiming to extend income from high-end vehicles, official paperwork confirmed. Underneath the proposal, a Federal Excise Responsibility (FED) can be imposed on imported autos and SUVs with engine capacities starting from 2,000cc…
