Karachi, July 11, 2019: In order to provide self-employment opportunities to unemployed youth, PTI government has launched “Prime Minister’s Kamyab Jawan” SME Lending Program across the country. Under the scheme, government will provide mark-up and credit loss subsidy on small business loans in the range of Rs. 100,000 to Rs. 5,000,000 disbursed by banks under…
Karachi, June 15, 2019: Five Zero Rated Export Sectors (Value Added Textile – Sports Goods – Surgical – Leather – Carpet) reject the discontinuation of No Payment No Refund Regime by abolishing SRO 1125 and term this “IMF Budget” as this is against the PTI Manifesto & Export Policy and is a planned conspiracy to…
Islamabad, June 10, 2019: The Pakistan Tahreek-i-Insaf led government is all set to present its first Federal Budget for the fiscal year 2019-20 in the Parliament on June 11 (Tuesday). The budget envisages fiscal management, revenue mobilization, measures for economic stabilization and growth, reduction in non-development expenditures; boosting exports besides providing relief to the masses,…
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,…
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…