Delay in tax cases: PM directs to suspend Chief Commissioner Inland Revenue, officials

ISLAMABAD, April 23 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday took notice of the “willful” delay in tax cases and ordered for suspension of Commissioner Inland Revenue Islamabad and other relevant officials. While issuing a directive for the suspension of all the relevant officials, the prime minister also asked for initiating an inquiry against… Continue reading Delay in tax cases: PM directs to suspend Chief Commissioner Inland Revenue, officials

Yoga centre opens at Jilani Park

LAHORE, Jan 21 (APP): The Parks and Horticulture Authority (PHA) of Lahore has opened a state-of-the-art community yoga center at Jilani Park (Racecourse Park). According to PHA’s spokesperson, there are several styles of yoga, ranging from gentle, meditative experiences to more physically intense formats. He noted that the center at Jilani Park, covering 5,445 square… Continue reading Yoga centre opens at Jilani Park

PTCL Group registers 5.7 pc revenue growth in first six months of 2022

ISLAMABAD, Jul 18 (APP):The country‘s leading telecom and ICT service provider, the Pakistan Telecommunication Company Limited (PTCL) posted 5.7 per cent growth in its revenues, owing to a robust commercial strategy during the first six months of 2022. “During the first six months of 2022, PTCL Group successfully managed to keep the top line growth… Continue reading PTCL Group registers 5.7 pc revenue growth in first six months of 2022

Sustainable, inclusive growth key to strong ,vibrant Pakistan: Shaukat Tarin

ISLAMABAD, May 30 (APP):Federal Minister for Finance and Revenue, Shaukat Tarin on Sunday said that sustainable and inclusive economic growth is the key to strong and vibrant Pakistan, which can open the door for development and prosperity in the country. “Priority of the government is to increase the country’s exports by adopting an integrated policy,… Continue reading Sustainable, inclusive growth key to strong ,vibrant Pakistan: Shaukat Tarin

Focus on targeted sectors led to higher economic growth: Economic Outlook

ISLAMABAD, May 28 (APP):Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilization during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May 2021. “It is expected that in coming years the economy will have… Continue reading Focus on targeted sectors led to higher economic growth: Economic Outlook

Taxes by business community can help fund allocation for development: President

ISLAMABAD: May 20 President Dr. Arif Alvi in a group photo with a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) which called on him at Aiwan-e-Sadr. APP

ISLAMABAD, May 20 (APP): President Dr Arif Alvi on Thursday said business community could play an important role in the economic development of the country and urged the traders and businessmen to pay taxes to enhance revenues. Talking to a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) led by its President… Continue reading Taxes by business community can help fund allocation for development: President

Third wave of Covid-19 poses challenge to growing economy of Pakistan

ISLAMABAD, May 4 (APP):Owing to timely and prudent policies of the government, the country’s economy has been showing signs of recovery, with construction and manufacturing sectors in lead, however the economic revival had once again been pitched against the stronger than ever third wave of COVID-19, official sources said. The economy had registered positive signs… Continue reading Third wave of Covid-19 poses challenge to growing economy of Pakistan

Fiscal deficit contained at 3.5 pc in 8 months

ISLAMABAD, Apr 28 (APP): Owing to the government’s efforts, the fiscal deficit during the first eight months (July-February) of the current fiscal year has been contained at 3.5 percent of the Gross Domestic Product (GDP).“Despite higher mark-up payments and COVID-related expenditures, the fiscal sector continues to perform better as a result of the government’s efforts… Continue reading Fiscal deficit contained at 3.5 pc in 8 months

Fiscal stimulus improves economy, strengthens recovery prospects

ISLAMABAD, Apr 14 (APP): The government’s fiscal stimulus has succeeded in improving economic as well as social outlook, strengthening the prospects of the country’s economic recovery as indicated by various indicators. “The expectations of economic recovery are strengthening on the basis of improvement in business confidence evident from industrial growth,” official sources said adding the… Continue reading Fiscal stimulus improves economy, strengthens recovery prospects

Fiscal Consolidation measures bear fruit, bring financial discipline: Report

ISLAMABAD, Mar 3 (APP):The Fiscal consolidation measures taken by the government have resulted in financial discipline, higher revenues and controlled expenditures, according to Mid-Year Budget Review Report for the fiscal year 2020-21. “The same strategy will be followed during the remaining period of the CFY (current financial year) to achieve the fiscal sustainability,” the report… Continue reading Fiscal Consolidation measures bear fruit, bring financial discipline: Report

Tag: revenues