Minister for Planning and Development Ahsan Iqbal has said the coalition government is working tirelessly to steer the country out of current economic crisis.Addressing the provincial council of PML-N in Islamabad on Wednesday, he said we have saved t…
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Pakistan Economic Survey 2022-23 to be Launched Tomorrow
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Pakistan Economic Survey, containing the details of major socio-economic achievements during the outgoing fiscal year 2022-23, will be launched in a ceremony on Thursday (tomorrow).Federal Minister for Finance and Revenue, Senator Ishaq Dar, will chai…
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Govt Decides to Resume 10 Billion Tree Project With New Name
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The federal government has decided to relaunch the previous government’s flagship 10 Billion Tree Tsunami Project in the fiscal year 2023-24 but under the new name ‘Green Pakistan Program’.Well-informed sources told ProPakistani the project will cost …
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Govt Approves Over 160 Road Projects in Upcoming Budget
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The new fiscal budget is set for release on Friday, pertinently warranting proposals for various development projects.According to an official document available with ProPakistani, the Ministry of Planning, Development, and Special Initiatives has for…
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Rupee Down 3rd Day in a Row Against US Dollar As Pressure Mounts
Web Desk Comment Closed Industry
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.2 in the interbank market.The Pakistani rupee was initially stable in the first few hours with the interbank rate rising as high as 28…
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Govt May Impose 18% Sales Tax on Packaged Milk
Web Desk Comment Closed Industry
The government is considering implementing an 18 percent sales tax on packaged milk in the upcoming budget. This could result in higher prices for consumers and the food industry at a time when the latter is already dealing with heavy taxation on juic…
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Govt Proposes Rs. 6 Billion Development Funds for IT and Telecom Projects in FY2023-24
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The federal government has proposed Rs. 6 billion for the Ministry of IT and Telecommunication projects under the Public Sector Development Project (PSDP) for the financial year 2023-24.According to the PSDP document, the federal government has propos…
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Pakistan Ranks Much Lower Than India in E-Governance
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Pakistan has been ranked 150th out of 193 countries in the UN’s E-Government Development Index (EGDI) 2022, compared to India and Bangladesh which are ranked 105th and 111th respectively.Pakistan has taken multiple initiatives towards e-government, ho…
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OICCI Calls for Abolishing Super Tax in FY24 Budget
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The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to remove the super tax from the budget for the next fiscal year (FY24).OICCI presented its key taxation proposals for the upcoming budget to Finance Minister Ish…
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Customs Seizes Smuggled Cigarettes Worth Rs. 33.6 Million
Web Desk Comment Closed Industry
Pakistan Customs has launched a crackdown against smuggled cigarettes throughout the country.According to a statement issued by the Federal Board of Revenue (FBR) on Sunday, godowns and stores at multiple locations in different cities have been raided…
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