Progressive measures afoot to expand tax net for high revenues: Miftah

ISLAMABAD:Minister for Finance and Revenue Miftah Ismail on Friday said the coalition government intended to encourage and promote progressive taxation system by bringing the potential persons and wealthy into the tax net rather than burdening the existing tax payers in order to enhance revenue and increase spending on uplifting the social sector. Presenting the Federal […]

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MQM MPA terms federal budget as balanced

HYDERABAD:Muttahida Qaumi Movement Pakistan’s (MQM-P) MPA and business community representative Nadeem Siddiqui on Friday said the coalition government presented a balanced budget in the prevailing difficult situation. While talking to reporter, Nadeem Siddiqui said the country was in a difficult situation but the government had prepared a proper budget which will reduce the burden on […]

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Rs 319.612 mln for Kartarpur-Zero Point bridge in PSDP

ISLAMABAD:The government has allocated Rs 319.612 million for the construction of the bridge connecting the Kartarpur in Pakistan to Zero Point in India. Of the total Rs 770.412 million cost of the ongoing project, around Rs 450.800 million have already been spent. The amount under the Public Sector Development Programme (PSDP) 2022-23 will be disbursed […]

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FCCI terms federal budget balanced and compressive

FAISALABAD:President Faisalabad Chamber of Commerce & Industry (FCCI) Atif Munir Sheikh Friday termed the Federal Budget 2022-23 balanced and comprehensive despite of critical economic situation and hoped that it would not only stabilise national economy but also provide much-needed relief to neglected and deprived segments of society. After listening Finance Minister’s budget speech through projector […]

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Budgetary relief measures to help saving marginalized section of society from inflation impact: Qamar

ISLAMABAD:Minister for Commerce Syed Naveed Qamar on Friday appreciated relief measures proposed in the federal budget of FY 2022-23 and said those measures would help saving marginalized section of society from impact of inflation. Talking to media at Parliament House, he said relief given to people despite tough economic condition would have positive impact on […]

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KP Governor summons PA budget session

PESHAWAR:Khyber Pakhtunkhwa Governor while exercising his powers under Article 9 of the Constitution of Islamic Republic of Pakistan, has summoned session of the provincial assembly on June 13 (Monday) at 3:00 PM in the Provincial Assembly building, Khyber Road, Peshawar, said a notification issued here by KP Assembly Secretariat on Friday. Meanwhile, the Provincial Assembly […]

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Former Govt’s employee hails increase in salaries

KARACHI:Akbar Khan, former president of non-academic employees Federal Urdu University Abdul Haq Campus Karachi expressed his gratitude over the 15% increase in salaries of government employees in federal budget. He said despite difficult circumstances the increase in salaries was a positive omen. “I hope that all the provincial governments will also increase the salaries of […]

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