Govt ensuring sustainable growth to strengthen national security: Tarin

ISLAMABAD, Jul 2 (APP): Asserting that there was a strong linkage between a country’s national security and economic security, Federal Minister for Finance and Revenue, Shaukat Tarin Friday expressed government’s strong commitment to manage national economy in most efficient and effective manner to achieve higher sustainable and inclusive growth. The minister was addressing virtually on… Continue reading Govt ensuring sustainable growth to strengthen national security: Tarin

Budget focuses on relief to low-income segments, strengthening industry: Tarin

ISLAMABAD, Jun 25 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin on Friday said that provision of relief to low-income segments and empowering industry through multiple incentives was the major focus of the federal budget for the next fiscal year (2021-22). Winding up the debate on the budget at the National Assembly, the minister… Continue reading Budget focuses on relief to low-income segments, strengthening industry: Tarin

Provinces asked to follow ICT in bringing down prices of essential commodities

ISLAMABAD, Jun 21 (APP): Federal Minister for Finance and Revenue Shaukat Tarin on Monday directed the provincial governments to mobilize their teams as was done by the Islamabad Capital Territory administration for strict monitoring of prices to provide relief to the common man. The Minister was presiding over the meeting of the National Price Monitoring… Continue reading Provinces asked to follow ICT in bringing down prices of essential commodities

Tarin hopes IMF programme to continue

ISLAMABAD, Jun 14 (APP):Federal Minister for Finance Shaukat Tarin, ruling out any disagreement between Pakistan and International Monetary Fund (IMF), on Monday said the Extended Fund Facility (EFF) programme would continue as both wanted it to move forward. “Both the Government of Pakistan and the IMF want to continue the programme,” the minister said while… Continue reading Tarin hopes IMF programme to continue

Inclusive growth-oriented budget: poor no more to wait for trickle-down effect, says Tarin

ISLAMABAD, Jun 12 (APP):Federal Minister for Finance and Revenue Shaukat Tarin Saturday said the main focus of the inclusive growth-oriented federal budget for the fiscal year 2021-22 was to uplift the poor so that they would not have to wait for trickle-down effect of economic progress. The low-income people had been waiting for that for… Continue reading Inclusive growth-oriented budget: poor no more to wait for trickle-down effect, says Tarin

No new tax on use of telecom, internet : Tarin

ISLAMABAD, Jun 12 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin here on Saturday clarified that no new duties would be imposed on telecom and internet usage. Addressing the post-budget press conference, the minister said that the finance bill had proposed that Rupee 1 per call if the duration exceeds three minutes, Rs5 per… Continue reading No new tax on use of telecom, internet : Tarin

Govt proposes Rs 118bn budget to enhance energy distribution

ISLAMABAD, Jun 11 (APP): Federal Minister for Finance and Revenue Shaukat Tarin Friday announced that the government has proposed Rs118 billion in the Budget 2021-22 to efficiently manage the distribution of surplus energy generated by the country. In his Budget speech at the National Assembly, the minister said the country was possessing surplus electricity generation… Continue reading Govt proposes Rs 118bn budget to enhance energy distribution

Budget 2021-22; govt. proposes reduction of FED on telecom services

ISLAMABAD, Jun 11 (APP): Federal Minister for Finance and Revenue Shaukat Tarin on Friday proposed reduction of Federal Excise Deputy (FED) on telecom services. In his budget speech at National Assembly, the minister said that to facilitate businesses and provide relief to the general masses, rate of federal excise duty on telecommunication is proposed to… Continue reading Budget 2021-22; govt. proposes reduction of FED on telecom services

Institutional framework for Kamyab Jawan Programme funding discussed

ISLAMABAD, Jun 04 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting at the Finance Division here on Friday to discuss and develop the institutional framework of funding for the Kamyab Jawan Programme. According to press statement issued by the Finance Ministry, the Finance Minister considered in detail the proposals prepared by… Continue reading Institutional framework for Kamyab Jawan Programme funding discussed

Tarin assures business community for tax rationalization

ISLAMABAD, Jun 3 (APP): The Federal Minister for Finance and Revenue, Shaukat Tarin on Thursday assured the business community to rationalize taxes and duties to increase the tax payer base. The minister chaired two separate meetings through video link with the representatives of the Karachi Chambers of Commerce and Industry and those from the Auto… Continue reading Tarin assures business community for tax rationalization

Banks asked to earmark percentage resources for Kamyab Jawan programme

ISLAMABAD, May 28 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin Friday directed all the major banks and micro-finance institutions to come up with suggestions on the design of the Kamyab Jawan Program within a week’s time and also earmark a percentage of their resources for the purpose. He was chairing a meeting through… Continue reading Banks asked to earmark percentage resources for Kamyab Jawan programme

Tarin defends existing 3.94% growth rate, says economy to expand by 5% next year

ISLAMABAD, May 23 (APP):Federal Minister for Finance and Revenue, Shaukat Tarin Sunday said that GDP growth at 3.94 percent during the current fiscal year (2020-21) was calculated in a transparent manner, predicting that based on the current trend the economy would grow by 5 percent in 2021-22 and 6 percent during 2022-23. Addressing a virtual… Continue reading Tarin defends existing 3.94% growth rate, says economy to expand by 5% next year

Pakistan witnesses strong growth despite tough IMF Programme: Shaukat Tarin

Audio leaks: FIR sought against Shaukat Tarin for attempting to sabotage IMF deal

ISLAMABAD, May 22 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin said Saturday that Pakistan witnessed a strong V-Shaped growth despite being in a tough International Monetary Fund (IMF) programme. In a tweet here the minister said that IMF programme was necessitated by unsustainable current account deficit and falling foreign currency reserves, and a… Continue reading Pakistan witnesses strong growth despite tough IMF Programme: Shaukat Tarin

Tareen assures consultation with FPCCI for budget preparation

KARACHI, May 02 (APP):Federal Minister for Finance, Shoukat Tareen assured consultation with all stakeholders in budget preparation process to achieve goals of sustainable development and inclusive growth. In an online meeting with Federation of Pakistan Chambers of Commerce and Industry (FPCCI) the finance minister, appreciated budget proposal presented by the representative of traders and industrialists,… Continue reading Tareen assures consultation with FPCCI for budget preparation

Hammad for rationalized pay, pension system to ensure equity

ISLAMABAD, APRIL 6 (APP): Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar Tuesday underlined the importance of introducing rationalized pay and pension system to remove anomalies and ensure equity. The minister was talking to the Chairperson Pay and Pension Commission, Ms Nargis Sethi, who called on him here while Finance Secretary also… Continue reading Hammad for rationalized pay, pension system to ensure equity

Finance Minister urges timely release of NGMS spectrum

ISLAMABAD, Jan 14 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, Thursday urged upon the consultants to follow a proactive approach and meet the given deadlines for the release of Next Generation Mobile Services (NGMS) spectrum. The minister was chairing a meeting of the Advisory Committee for the release of NGMS spectrum in… Continue reading Finance Minister urges timely release of NGMS spectrum

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