Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The people voted for Nawaz Sharif’s Pakistan Muslim League PML-N in the May 11 general elections with high hopes for relief however the government’s decisions over the past three weeks had been a big disappointment. The PML-N has miserably failed to take any step to mitigate sufferings of the people at the hand of […]
Minister for Finance and Revenue, Ishaq Dar on Friday reiterated that the government would clear all the circular debt before the deadline of August 20 as the transaction of over 322 billion debt return to private companies was continuing. “Transaction of returning Circular Debt to the private sector companies is continuing and banks are […]
The National Assembly Thursday passed “The Finance Bill‚ 2013” giving legal effect to the budgetary proposals for the next fiscal year. Finance Minister proposed amendments for incorporation in the Finance Bill including the one relating to collection and Levy of Sales Tax and Excise Duty as well as Income tax slabs. Amendments in the […]
The National Assembly and the Senate are set to open debate on the most controversial and the first budget of the PML-N govt on Saturday. The opposition routinely begin debate on the budget. Parliamentary parties will hold meetings before the session to chalk out strategy. Members from the treasury and the opposition benches will highlight […]
Prime Minister Muhammad Nawaz Sharif has constituted a four member committee for restructuring and reforming of Pakistan International Airlines (PIA), the national flag carrier, the PM office said Friday. Those included in the committee are Mr. Muhammad Ishaq Dar Minister for Finance, Capt. Shujaat Azeem Advisor on Aviation, Mr. Shaukat Fayyaz Ahmed Tarin and Mr. […]
Prime Minister Muhammad Nawaz Sharif on Friday directed to examine possibility of importing energy from neighbouring countries to improve the situation on immediate basis, the PM office said. He issued the directives while presiding over a high level meeting on energy situation at the Prime Minister’s Office. The meeting took stock of overall energy situation […]
The PML-N government faces the first and huge embarrassment in the Supreme Court over its decision to increase the petroleum products and also hike in the GST. The apex court heard a suo moto case regarding increase in petroleum prices summoned FBR officials to clarify the situation. A three-member bench headed by Chief Justice Iftikhar […]
The PML-N government Wednesday increased the defence allocation in its budget for fiscal 2013-14 to 627 billion rupees (around 6.32 billion US dollars), making nearly 15 per cent hike over the outlay for the current fiscal, which ends on June 30th. The allocation for the three defence services amounted to 15.73 per cent […]
Finance Minister Ishaq Dar Wednesday presented budget with a total outlay of 3‚591 billion rupees for the financial year 2013-14. Presenting the budget before the National Assembly, he said the budget has been designed to ensure a progressive way to revive and strengthen the national economy. “This involves stability in all fields‚ creation […]
The PML-N will present its first federal budget of nearly Rs 3.4 trillion for the fiscal year 2013-14 later on Wednesday. Finance Minister, Ishaq Dar will present the budget in the National Assembly in the afternoon. PML-N leaders say the National Budget envisages revival economy, overcoming challenges at economic front particularly resolving the energy crisis […]
The government has prepared a road map for economic revival as economy is as big a challenge as terrorism, Finance Minister Ishaq Dar said on Tuesday. Releasing economic survey at a news conference in Islamabad he said an aggressive plan has been prepared to eliminate the circular debt at the earliest. He said licenses […]
The Pakistan Muslim League (PML-N) government will present its first federal budget for the Fiscal Year (FY) 2013-14 on Wednesday. Finance Minister Ishaq Dar will present the budget in the National Assembly. PML-N leaders say that the new budget focuses on revival of economy‚ energy crisis‚ reducing non development expenditure and to give relief to […]
