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Pakistan, Iran to increase annual trade volume to $5 billion: envoy

TEHRAN: Pakistan and Iran have agreed to boost the volume of annual trade to $5 billion, the Pakistani Ambassador to Iran Nour Muhammad Jadmani...

Shah demands withdrawal of additional taxes in next year’s budget

ISLAMABAD: The leader of the opposition Syed Khursheed Shah on Tuesday asked the federal government to withdraw the additional taxes imposed in the next...

Dar says Rs 55 billion allocated for construction of Diamer Bhasha dam

ISLAMABAD: A total of Rs 55 billion has been allocated for the construction of Diamer Bhasha dam in the next financial year, the federal...

Major oil reserve discovered near Jhelum

JHELUM: A major oil reserve has been discovered in the Ghauri X-1 oil well located at village Dhemak in Jhelum district of Punjab, the...

Pakistani exports to UK up by 25 percent

ISLAMABAD: Pakistan has become an attractive destination for international buyers after it received the Generalised Scheme of Preferences (GSP) plus status as Pakistani exports...

No new tax to be levied in KPK budget 2014-15: Khattak

PESHAWAR: The Khyber Pakhtunkhwa government will impose no new tax in the provincial financial budget for 2014-15 to be presented in the assembly this...

Over Rs 49 billion allocated for Pak-China economic corridor

ISLAMABAD: An amount of over Rs 49 billion has been allocated by the federal government for the Pakistan-China Economic Corridor under the Public Sector...

Pakistan faced embarrassment as Iran refused to fuel Nawaz Sharif’s aircraft over PIA dues

TEHRAN: The Iranian authorities refused to fuel the aircraft of Prime Minister Nawaz Sharif during his visit to Tehran last month to make the...

Federal budget 2014-15: 10 % increase in salary, pension of govt employees

ISLAMABAD: The federal government has presented its second budget for the financial year 2014-15 with a total outlay of Rs3.945 trillion in the National...

Federal budget 2014-15 presented in NA

ISLAMABAD: The federal minister for finance Ishaq Dar presented a growth-oriented and investment friendly budget focusing on public welfare with a total outlay of...

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