Thursday, November 26, 2020

Finance minister

Asad launches MTEF report

Pakistan's Finance Minister Asad Umar launched the Medium-Term Economic Framework (MTEF) report titled ‘Road map to Stability, Growth and Productive Employment’. The policy framework has been developed based on inputs from the Prime Minister Economic Advisory Council (EAC) and development...

Asad directs MoP to review inflated bills to reduce burden on consumers

The meeting of Cabinet Committee on Energy (CCOE) was held, chaired by Finance Minister Asad Umar, on Wednesday. The Committee considered various proposals to make recovery on fast track basis from defaulters of the power sectors. It stressed the need...

A big Thank You to FM and team, PSX need some more appetite to energise investors

Hammad Kehar, President, Munir Khanani, Vice President and the entire Managing Committee of PSX Stockbrokers Association are appreciative to the efforts of Asad Umer, Finance Minister, and Hammad Azhar, State Minister for Revenue, for presenting the Economic Reforms Package...

ECC to meet on Five-point agenda today

The meeting of Economic Coordination Committee will be held today. Finance Minister Asad Umar will the meeting. The committee will discuss the issues pertaining to power plant in Gwadar, Wapda, Gas supply to the power plants, Exports and Imports...

PHMA pleads FM to allow Tax Credit Facility to proprietorship and AOP

Muhammad Jawed Bilwani, Central Chairman, Pakistan Hosiery Manufactures & Exporters Association (PHMA) urged the Federal Finance Minister to include Proprietorship & AOP at par with company to avoid discrimination to avail Tax Credit for equity investment in purchase and...

KSE 100 scores 363 points on CGT relief hint

The benchmark KSE-100 of Pakistan Stock Exchange rose to 363.47 points or 0.93% closed at 39,412 on Monday.  Market had a positive start of the week, on the back of budgetary measures adopted by the Government due to be...

Asad Umer to aim Industrialisation while maximising tax revenues on 23rd Jan Mini-Budget

By Muzammil Aslam Mini Budget to be announced on Jan 23rd, Finance Minister. Stock market investors will hear good news. We believe, some relief expected in capital gain and dividend taxation. Plus, carry forward losses to 3 years Exports...

10-member National Finance Commission notified

President Dr Arif Alvi has re-formed the National Finance Commission (NFC). Finance Minister Asad Umar will be the chairman of NFC, Finance Division has issued the notification.   Apart from finance ministers of all four provinces, Dr Salman Shah (Punjab), Asad...

Nine measures to bring volumes back in equity market

Stock market is the best available option for any government to attract foreign exchange. Investments in stock market yield either dividends or capital gain by the concerned companies and are not burden on National Exchequer as far as debt...

Govt will acquire IMF package if its good for the country, says Asad Umar

Pakistan’s Finance minister Asad Umar has said that the government if gets good package from International Monetary Fund (IMF) so we will acquire the package or otherwise Pakistan is not in hurry. Talking to the anchorpersons, Asad Umar said that...
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