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Economy

PTI Govt. cuts budget estimates 11 pc for FY21

The Biz Update4 years ago018 mins

Karachi, June 12, 2020: The federal government for the first time in the history has reduced budget estimates for the next fiscal year 2020-21 compared to estimates of last fiscal year (FY20) due to Coronavirus pandemic. According to budget documents available to thebizupdate.com, the total outlay of budget 2020-21 is estimated Rs 7,295 billion compare…

Pakistan

CAA slashes luggage wrapping rates up to 87pc

The Biz Update5 years ago01 mins

Karachi, July 16, 2019: In compliance with the directives of Prime Minister Imran Khan to provide maximum facilities to passengers, Secretary Aviation/DGCAA Shahrukh Nusrat has taken another step beneficial to air travellers. The plastic wrapping rates for all sizes of bags of air passengers has been reduced from 75 to 87 percent with immediate effect….