finance division
Finance Division Under Fire for Missing Details on Rs3.3bn IMF Funds
3 min read
The Finance Division came under scrutiny for failing to provide details of Rs3.3 billionn IMF budgetary funds, a lapse that immediately alarmed the Senate Standing…
Pakistan Sets Up $1 Billion Panda Bond Program in China
2 min read
Pakistan has established a $1 billion Panda Bond program in China, marking a key step in diversifying the country’s external financing portfolio. The move is…
Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget
2 min read
ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…
Govt to Launch Digitized Tax Return Forms for Salaried Individuals
2 min read
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has announced that simplified tax return forms for salaried individuals will be introduced by September, ahead…
Committee Seeks Govt Intervention in PTCL-Telenor Merger
2 min read
ISLAMABAD: Local media reports indicate that the Auction Advisory Committee has decided to seek federal government intervention to resolve delays in the PTCL-Telenor merger, which…
SECP Policy Board Approves Amendments to Modaraba Ordinance 1980
2 min read
ISLAMABAD: The Policy Board of the Securities and Exchange Commission of Pakistan (SECP) has approved proposed amendments to the Modaraba Companies and Modaraba (Floatation and…
Finance Division Introduces Policy for Issuance of Commemorative Coins
3 min read
ISLAMABAD: The Finance Division has introduced a commemorative coins policy to create a structured process for issuing special coins. Previously, the lack of a defined…
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