Home
 

Today is,

Tuesday, 02 September 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
Sport News
SOA School Games
LAHORE, Sep 2 (APP)- Sindh Olympic Association (SOA) is organising the SOA School Games from October 13 to 16.
 
Lodhi off to Tehran for ECO Chess Cup
KARACHI, Sep 2 (APP): International Master Mahmood Lodhi left here on Tuesday to take part in ECO Cup Chess being held in Iranian capital Tehran from Sept 3 to 12.
 
Aisam to donate wheelchairs to Iraq
ISLAMABAD, Sep 2 (APP): Pakistan Tennis ace Aisam Qureshi will be donating wheelchairs to Iraq with an aim of his foundation which is to ‘Stop War, Start Tennis’ saying it is his desire that wheelchair tennis would give a ray hope to those people who have been disabled during war.
 
Youth Olympics was grand experience for Pakistan juniors: Razi
KARACHI, Sep 1 (APP): Participation in second Youth Olympics held in Chinese city of Nanjing was a grand exposure and experience for Pakistan juniors, Chef de Mission Raza Ahmed Khan said on Monday.
 
Inconsistent performance has led to loss: Miandad
ISLAMABAD, Sep 1 (APP): Legendary Batsman Javed Miandad feels the inconsistent performance of the green-shirts led to loss in the Test and ODI series against Sri Lanka.
 
Archive
Latest News
Govt accepted all constitutional demands of PTI, PAT: Saad - Pak-Malaysia meeting on defence cooperation commences - Rehman Malik optimist about end of political turmoil - A few thousand people cannot derail democracy: Women parliamentarian... - State institutions should not be dragged in politics: Abid Sher - SCBA urges politicians not to involve courts in political affairs
New development strategy to foster sustainable and more equitable eco-growth PDF Print E-mail
ISLAMABAD June 4 (APP):- Embarking on a fundamental change of the development paradigm, new strategy aims at fostering sustainable and more equitable growth  by means of structural improvements in the productive sectors of country’s economy, involving wide range of policy actions across the sectors.  Enhancing the tax-to-GDP ration is a key plank of  the government economic strategy. A proposed law to  implement a broad-based Value Added Tax (VAT) with minimal exemptions from July 01, 2010 has been present to the parliament in this regard, according to Economic Survey 2009-10 unveiled here on Friday.  HTML clipboard

In addition, other measures such as improving tax administration and reinstating tax audits have been taken.  The cumulative effect of these policy measures is expected to be an increase of Pakistan’s Tax-to-GDP ratio to 13 per cent by 2013 from 8.9 per cent in 2008-09.
Under reform of the power sector, electricity tariff has been raised between 40- 55 per cent in less than two years, in an effort to reduce the level of subsidies absorbed in the budget, while simultaneously moving to a full cost-recovery tariff for the power utilities. Under a new Act of parliament, adjustment in tariff for changes in fuel prices for power generation has been made automatic.
A Cabinet Committee on Restructuring (CCOR) has been formed to restructure key public sector enterprises (PIA, PEPCO, Railway, TCP, USC, Pakistan Steel Mills, NHA) with a view to stop leakages caused by annual losses amounting to approximately 1.5 per cent of GDP.
The eventual aim, the Survey said, is to turnaround these Public Sector Enterprises into profitable, self-sustaining ventures under Public-Private Partnership mode.
Under Social Protection, the government has launched the Benazir Income Support Program (BISP). An allocation of  Rs 70 billion has been made in the federal budget 2009-10 with an objective of targeting 5.5 million poor and vulnerable households in Pakistan with a cash transfer of Rs 1000 per month to each.
The size of BSIP makes it the largest social protection scheme in the country’s history and it works in conjunction with other safety nets such as Bait-ul-Maal, Zakat Fund and provincial programmes such as the Sasti Rot scheme.
The government, Survey stated successfully concluded the Seventh National Financial Commission (NFC) Award - only the fourth in Pakistan’s entire history and the first for the last 19 years. This Award greatly augments the quantum of resource transfer from the Centre to the Provinces.
In conjunction with the higher resource transfer to the provinces, the Centre will also devolve some major functions and expenditure heads to the sub-national government in line with the provision of the 1973 Constitution.
 

     

Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Parlimentary Proceedings
National Assembly
Senate