Australia restates long-term commitment with Pakistan

Islamabad: Australian High Commissioner to Pakistan Tim George on Thursday said that his country is committed to development of Pakistan and we will continue to help Islamabad in through thick and thin. Long-term commitment, sustainable and [...]

Hafeez announces budget of 2011-12 with total outlay of Rs 2767b

Islamabad ,The new federal budget was presented in the National Assembly on Friday evening with a total outlay of 2767 billion rupees which is 14.2 percent higher than the budget estimates of the outgoing financial year.The new budget is relief [...]

Dr. Firdous congratulates nation on people friendly budget

ISLAMABAD, Jun 4: Federal Minister for Information and Broadcasting Dr. Firdous Ashiq Awan has said that the Budget 2011-2012 is a balanced one and provides relief for the people of the country. Talking to Radio Pakistan’s programme ‘Nai [...]

Text of Pakistan Budget Speech 2011-2012

ISLAMABAD June 3 2011: Following is the text of the budget speech for fiscal year 2011-12, delivered by Dr. Abdul Hafeez Shaikh in the National Assembly on Friday. Pakistan Budget Full Coverage Economic Survey | Budget Speech | بجٹ تقریر | Finance [...]

Highlights of tax

ISLAMABAD, Jun 3: Following are the highlights of tax measures announced by Finance Minister Dr. Hafeez Shaikh the government in the National Budget for the financial year 2011-12. INCOME TAX — The basic exemption limit on incomes is [...]

Salient features of sales tax and Federal Excise

ISLAMABAD, Jun 3: Following are the salient features of sales tax and Federal Excise Budgetary measures for fiscal year 2011-12 . The budgetary measures pertaining to Sales Tax & Federal Excise Duty are primarily aimed at: –Reduction [...]

Rs. 115248.567 mln earmarked for power sector projects

ISLAMABAD, June 3: The government has earmarked Rs.115248.567 million for ongoing and new schemes in power sector in Public Sector Development Programme (PSDP) for the year fiscal year 2011-12. According to PSDP, out of the total Rs.71070 million [...]

Gov’t allocates Rs. 31974 mln for Planning and Development Division

ISLAMABAD, June 3: The government allocated Rs. 31974 million for Planning and Development Division projects in Public Sector Development Programme (PSDP) for the year 2011-12.According to the budgetary document released here on Friday, out [...]

Pakistan Forex reserves reach record high of $ 17.3 billion: Hafeez Shaikh

ISLAMABAD, June 3 2011: Minister for Finance Dr. Hafeez Shaikh on Friday said that the government achieved great success despite several challenges in the last year and tried its best to provide maximum relief to masses.During his budget speech [...]

Govt allocates Rs 15000.000 mln for Railways

ISLAMABAD, Jun 3 2011: The government has allocated Rs 15000.000 million for 29 projects of Railways Division in Public Sector Development Programme (PSDP) for the year 2011-12.According to the budgetary document released here on Friday an amount [...]





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