Proposals for growth of GDP, tax base will strengthen econmy: Arif Habib

KARACHI:Arif Habib, a well known business personality and member of Pakistan Stock Exchange, welcomed the federal budget 2022-23 and said that initiatives for GDP growth and tax base expansion would strengthen the national economy. Arif Habib while talking to reporter on Friday said that it was encouraging that in the budget 2022-23 export target was […]

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Govt presents a balanced budget amid challenging conditions: Karachiites

KARACHI:The people of Karachi, while reacting to the federal budget 2022-23, said that the government presented a balanced and relief-oriented budget in spite of the challenging circumstances. They opined that the budgetary decisions made by the incumbent government would not only help promote the national economy but also benefit the general public. While talking to […]

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MCCI welcomes tax on affluent class, terms budget 2022-23 good effort in prevailing scenario

MULTAN:The Multan Chamber of Commerce and Industry (MCCI) on Friday termed budget 2022-23 a good effort of the incumbent government under the prevailing scenario and welcomed the tax on affluent class by terming it the need of the hour. Talking to media after watching budget speech of Finance Minister Miftah Ismail on television at MCCI […]

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Govt sets up Rs1 bn Binding Film Finance Fund, introduces artists’ medical insurance, tax breaks for film industry: Marriyum

ISLAMABAD:The government has set up a “Binding Film Finance Fund” at a cost of Rs 1 billion per annum and introduced a “medical insurance policy” for artists in addition to major tax exemptions in the Budget 2022-23 to boost Pakistan’s film industry and other associated sectors like tourism. Federal Minister Information and Broadcasting Marriyum Aurangzeb, […]

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Punjab gets lion’s share of 51.74 percent budgetary distribution among federation, provinces

ISLAMABAD:The Punjab province got lion’s share of 51.74 percent in budgetary distribution of resources among the federation and provinces while Sindh’s share was 24.55 percent and 14.62 percent and 9.09 percent share would be distributed to Khyber Pakhtunkhwa and Balochistan respectively. According to the Budget Brief, the province wise ratios were based on multiple indicators […]

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PHC seals homoeopathic clinic over violation of orders

LAHORE:A case was registered against a homoeopathic doctor and his clinic was sealed on Friday for violating orders of the Punjab Healthcare Commission. According to the PHC spokesperson, the PHC had imposed a fine of Rs 0.5 million on homoeo doctor, Liaqat Ali, in the vicinity of Laal Pul Mughalpura after investigating various complaints against […]

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Good budget in difficult economic conditions: LCCI

LAHORE:Lahore Chamber of Commerce & Industry (LCCI) said on Friday that the government has presented a good budget in difficult economic conditions. Addressing a press conference soon after the budget speech of Federal Finance Minister Miftah Ismail here, the LCCI President Mian Nauman Kabir said that the LCCI budget proposals have also been incorporated in […]

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