Category: Islamabad

Pakistan and Asian Development Bank

ADB signed grant for National Disaster Risk Management Fund NDRMF

Pakistan and Asian Development Bank (ADB)  signed a grant agreement for the National Disaster Risk Management Fund (NDRMF). Secretary, Economic Affairs Division (EAD) Noor Ahmed and ADB Country Director Ms. Xiaohong Yang signed a grant agreement for NDRMF. The Government of Switzerland has provided an amount of US$ 1.5 million through the Asian Development Bank […]

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Federal cabinet approves Rs 278bn national emergency agriculture program

Federal cabinet approves Rs 278bn national emergency agriculture program

Prime Minister Imran Khan chaired a five-hour long meeting of the federal cabinet met in Islamabad on Tuesday to review the overall political, security, and economic situation of the country. According to sources, the cabinet took several key decisions including the approval of a Rs278bn National Agriculture Emergency Programme. The ruling Pakistan Tehreek-e-Insaf (PTI) had […]

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Cabinet decides to sell off property of federal ministries

Cabinet decides to sell off property of federal ministries

The federal cabinet decided to sell off property and assets of different federal ministries and allied departments worth trillions of rupees with a view to generating revenue to support the country’s crippling economy. Interestingly, Pakistan Tehreek-i-Insaf leader Jehangir Tareen, who was disqualified for being ‘dishonest’ by the Supreme Court in a case in December 2017, […]

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CDA demolishes five houses in Malpur

CDA demolishes five houses in Malpur

Capital Development Authority on Monday during drive against encroachment demolished five houses and their boundary walls located at Mouza Malpur in the federal capital. The operation was conducted under supervision of Assistant Director Syed Adalat Shah following the directions of Director Enforcement CDA, said a statement issued here. Assistant Commissioner, Police personnel including lady police […]

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Federal Board of Revenue

FBR Announced to replace existing tax collection system into digitalise system

The Federal Board of Revenue (FBR) has announced that it will replace the existing manual tax collection system with a well-equipped, automated and digital system in a year or two to detect tax evasion and avoidance, and end alleged culture of corruption and harassment of taxpayers. “Digitalisation of the tax collection system is being done […]

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Government decided to use National Database to detect tax evaders

Government decided to use National Database to detect tax evaders

The government has decided to use the data pool of the National Database and Registration Authority (NADRA) to detect tax evaders. “The data of persons registered with NADRA will be available next month. Evaders, we are coming after you. You will have to pay tax,” said Finance Minister Asad Umar, while addressing leaders at the Islamabad […]

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PSDP

No new mega projects in next year’s PSDP

The size of the Public Sector Development Programme (PSDP) for the next fiscal year is likely to remain unchanged at this year’s level of Rs675 billion, said the top official of the Ministry of Planning (MoP), suggesting that no new mega projects would be initiated next year. The development spending allocation in the current range […]

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NPHP: Application deadline for 3 districts announced

NPHP: Application deadline for 3 districts announced

The last date for submitting Naya Pakistan Housing Programme (NPHP) applications in Lodhran, Renala Khurd, and Christian have been set at March 31, 2019 – according to a publication. The application forms can be deposited in designated branches of the Bank of Punjab by this deadline. The said publication also shared the details of the […]

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CDA to auction commercial, residential plots in April

CDA to auction commercial, residential plots in April

The Capital Development Authority (CDA) will hold an auction of commercial and residential plots from April 8 to April 11 at the Jinnah Convention Centre, a news source reported. CDA spokesperson Syed Safdar Ali said that the civic agency board had approved the auction process during a meeting on Monday. The authority will reportedly auction […]

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