Pak Economy

Important information about Pakistan economy


Highlights of Supplementary finance Bill of 2019

Pakistani Minister of Finance Assad Umar has presented the Finance Supplementary Second Amendment bill 2019 in the National Assembly today. Highlights of the finance bill are as follows 49 per cent tax on small and medium enterprises reduced to 20pc. Interest on agricultural loans reduced from 49pc to 29pc. Introduction […]


USING THE SHOULDERS OF OVERSEAS PAKISTANIS

This old man saw Pakistan being put on the run towards destruction by Zulfiqar Ali Bhutto in 1972. It was the first this old man while young at the time, saw that Law was what was a “Red coloured party ID Card”. Bhutto heirs and Sharifs with more vigour, added their shares in this run up. Imran Khan, though generally is said to be a bit different from them, yet it is a naked fact that he is following the same path, results of which of course would take time to surface.


Incentives for overseas Pakistanis to improve remittances

Prime Minister Imran Khan has approved major structural changes in the system to enhance foreign remittances through banking channel and facilitate overseas Pakistanis. The decision to incentivize home remittances through legal channels was taken during a follow-up meeting held for facilitating overseas Pakistanis. To further facilitate overseas Pakistanis, the Prime […]


Pakistan Budget 2018-19 (amendments)

Finance Minister Asad Umar presented amendments to federal budget 2018-19 in National Assembly session. He announced that contrary to media reports, the government is not burdening the tax payers or low income class and the increase in income tax will only affect the upper class. SALIENT FEATURES Non-filers, overseas Pakistanis […]


Investment Facilitation Centre for Overseas Pakistanis

The Government of Pakistan attaches high priority to the overseas Pakistanis and is keen to promote, nurture and sustain a mutually beneficial and symbiotic relationship between Pakistan and overseas Pakistanis. Overseas Pakistanis can contribute much more than making foreign exchange remittances. Their role in image building, transfer of technology, and […]