Islamabad, May 22, 2019: The government has reported 3QFY19 Budget Deficit at 2.3 percent of GDP, which is higher than the Budget Deficit reported in the corresponding period last year (2.1 percent of GDP). Budget deficit turned on higher side mainly on the back of incremental debt servicing. Overall expenditures up by 14 percent YoY,…
Karachi, May 18, 2019: The Federation of Pakistan Chambers of Commerce and Industry held an emergent meeting of its members at its head office Karachi under the chairmanship of Abdul Rauf Mukhtar, Acting President of FPCCI and reviewed/discussed the new tax amnesty scheme namely “Asset Declaration Scheme 2019” as announced by the PTI government which has come…
Karachi, April 26, 2019: For the first time the government is offering domestic real estate amnesty on very lucrative rates. Since yesterday, the draft of the amnesty scheme is viral over social media, if we believe it to be true, then Pakistan is all set to see the asset class boom in the months to…
Islamabad, April 22, 2019: In the early twentieth-century agricultural economy was at zenith in the Indo Pak sub-continent and the erstwhile Indian Civil Service was created by the colonial powers for the collection of revenue called at that time land revenue. For that purpose, the Indian Civil service was vested with magisterial powers to rule…
By Muhammad Abdullah Peshawar, April 22, 2019: The government of Khyber Pakhtunkhwa has adopted 21 digital solutions for 16 different provincial departments such as the KP Traffic Police, the Bureau of Statistics, the Water and Sanitation Services, and the Provincial Disaster Management Authority, among many others. These digital solutions are improving the efficiency of the…