Business News
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ECC rejects allowance for PM’s inspection commission | The Express Tribune
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[ad_1] ISLAMABAD: In a recent development, the Economic Coordination Committee (ECC) has denied the approval of executive allowance for the Prime Minister’s Inspection Commission (PMIC) due to objections raised by the finance division.Sources revealed to The Express Tribune that the…
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Sindh unveils ambitious rehabilitation plans | The Express Tribune
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[ad_1] KARACHI: The Sindh government has revealed a comprehensive rehabilitation plan in its budget for 2023-24, aiming to revitalise various sectors affected by the devastating monsoon floods of 2022. Chief Minister Sindh, Murad Ali Shah, highlighted the extensive damage caused…
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Gold rate falls by over Rs2,000 in Pakistan
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[ad_1] This is a representational image of a person holding gold chains. — AFP/File KARACHI: The rates of gold in Pakistan ended the week on Saturday by losing over Rs2,000 following a decrease in the prices in the international market. The…
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CM Murad Ali Shah presents Rs2.2tr Sindh budget
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[ad_1] Sindh Chief Minister Murad Ali Shah presenting the provincial budget for fiscal year 2023-24 on June 10, 2023. — Twitter/@SindhCMHouse KARACHI: Sindh Chief Minister Murad Ali Shah on Saturday unveiled a budget of Rs2.2 trillion for the fiscal year 2023-24…
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Sindh government employees to get up to 35% increase in salaries
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[ad_1] A currency dealer counting Rs500 notes. — AFP Sindh Chief Minister Murad Ali Shah has proposed up to 35% increase in the salaries of government employees in the provincial budget for fiscal year 2023-24 and 17.5% hike in the…
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‘Country has successfully overcome economic vulnerability’ | The Express Tribune
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[ad_1] Finance Minister Ishaq Dar said on Saturday that the country had “successfully” overcome economic vulnerability resulting in a halt to “any further decline”. The minister was addressing the post-budget press conference in Islamabad. A day earlier, the government unveiled…
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Working on restructure of debt with bilateral lenders: Dar | The Express Tribune
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[ad_1] Pakistan is working on the possibility of restructuring its bilateral debt regardless of whether it successfully completes its IMF review, Finance Minister Ishaq Dar said on Saturday, but reiterated it would not approach Paris club nation creditors or seek…
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Govt moves to exempt overseas Pakistanis from final tax on property
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/File Finance Minister Ishaq Dar has proposed abolishing 2% final tax on the purchase of immovable property for overseas Pakistanis in the…
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Budget 2023-24: What are relief measures taken by govt?
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[ad_1] Picture shows people buying vegetables. — AFP/File Finance Minister Ishaq Dar on Friday unveiled a Rs14.46 trillion budget for the fiscal year 2023-24 with “no new taxes” and aiming to grow at a cautious rate of 3.5%. However, the federal…
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Cabinet approves 30% increase in salaries of govt officials | The Express Tribune
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[ad_1] KARACHI: According to Express News, minutes after Prime Minister Shehbaz Sharif addressed the federal cabinet and gave an impassioned speech about the impact of inflation on the masses – especially the salaried class – the cabinet approved a 30%…
