Sunday, June 20, 2021

Budget FY21-22: salient features

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From the first of July 2021 all government employees to get a 10 per cent ad-hoc relief allowance  From first of July 2021 pension to...

Opposition slams budget: Ahsan calls 10% pay raise a ‘sick joke’

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The opposition has criticised the federal budget 2021-22 as “unfriendly” as “the country is facing unprecedented inflation and unprecedented unemployment.” Pakistan Muslim League Nawaz (PML-N)...

Federal govt to spend Rs6.2bn on railway line ML-1

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ISLAMABAD: In the federal budget for the fiscal year 21-22 (FY21-22) the government has decided to allocate Rs6.2 billion for the up-gradation of the...

Govt employees reject 10% pay riase

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As Finance Minister Shaukat Tarin was unveiling budget for financial year 2021-22, government employees and pensioners protested and staged a sit in at the...

Reduction in capital gain tax to attract more investment in PSX

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KARACHI: The Pakistan Stock Exchange (PSX) is set to attract more investment benefits from the corporate sector due to reduction in capital gain tax,...

Federal govt earmarks Rs51.1bn for new hydro-power, dam projects

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ISLAMABAD: In the federal budget for the fiscal year 2021-22 (FY21-22) the government has decided to spend a total of Rs51.5 billion for the...

Budget 2021-21: Highlights of PSDP

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The federal government has announced a Rs2.1 trillion outlay for the Public Sector Development Programme (PSDP), with Rs900 billion set aside for federal and...

Prices of up to 850cc cars reduced

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KARACHI: Finance Minister Shaukat Tarin has announced a reduction in the sales tax and federal excise duty (FED) on locally manufactured cars up to...

Federal govt to spend Rs739bn in Karachi under transformation programme

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KARACHI: The Federal Government likely to announce spending of Rs739 billion for Karachi development under Karachi Transformation Programme during the next three years, the...

PTI govt presents ‘relief budget’, no new taxes imposed

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The Pakistan Tehreek-e-Insaf (PTI) government has decided not to impose any new taxes on the salaried class in the federal budget for the upcoming...

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