Tag: budget

Telecos seek tax relief in Federal Budget 2017-18 thanked Anusha

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Telecom companies of Pakistan thanked Miss Anusha Rehman, Minister of State for Information Technology, and Telecommunication for her concerted efforts to promote the telecom industry in the Pakistan. The telecom companies including PTCL, Jazz, Telenor, Ufone, and Zong showed gratitude in a joint letter to Ministry of IT & Telecommunication for outstanding support to the […]…Read More

UVAS arranged “Post Budget Meeting on Review of Livestock Initiatives”

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Meeting recommended enhancing import duty on whey milk and powdered milk while fisheries, Poultry, Red meat sectors included in the zero rated sectors LAHORE (06-06-17): The University of Veterinary and Animal Sciences (UVAS) Vice-Chancellor Prof Dr Talat Naseer Pasha (S.I) chaired a meeting on discussion of Federal Budget 2017-18 in the (UVAS) syndicate room to discuss […]…Read More

R&amp D budget to be increased to one pc of GDP by 2018

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article image ISLAMABAD: Federal Minister for Science and Technology Rana Tanveer Hussain has said that research and development (Randamp;D) budget will be increased to one percent of the Gross Domestic Product (GDP) by 2018 for meeting modern world demands and making the countryand#39;s security unprecedented. He stated this while addressing a seminar on the andquot;Role of Education, Science and Technology in National Security,andquot; organised by the…Read More

| 2018 | budget | D | GDP | Increased | PC | Rampamp

Budget being increased for science & tech research

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article image STAFF REPORT LHR: The economic development is directly linked to research and development (RandD) and this is why its budget in Pakistan Council of Scientific and Industrial Research (PCSIR) is being increased from Rs65 million to Rs250 million, said Federal Minister for Science and Technology Rana Tanveer Hussain. While speaking at the LCCI, the minister said that all resources were being utilised to promote the research culture in Pakistan so that the country could join the club of…Read More

Raised budget stressed for scientific R&D

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article image STAFF REPORT ISB: Research and development (RandD) may have become a popular catchphrase in the developing world at large, but in Pakistan its significance is not realized in the least and funding for RandD has steadily reduced in the last decade. The current budgetary allocation for scientific RandD stands at a measly 0.29 per cent and calls are being made by the planning, development and reforms minister to increase the budget to at least 0.5 per cent in 2016. "The…Read More

Raised budget stressed for scientific R&D

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article image STAFF REPORT ISB: Research and development (RandD) may have become a popular catchphrase in the developing world at large, but in Pakistan its significance is not realized in the least and funding for RandD has steadily reduced in the last decade. The current budgetary allocation for scientific RandD stands at a measly 0.29 per cent and calls are being made by the planning, development and reforms minister to increase the budget to at least 0.5 per cent in 2016. "The government…Read More

PCA submits budget proposals

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STAFF REPORT ISB: The Pakistan Computer Association (PCA) has submitted proposals and a data sheet to the government for incorporating them in the upcoming budget for 2016-17, aimed at further promoting the information technology sector in the country. The tax policy proposals focus on withdrawal of some taxes and imposition of fixed duties and taxes on IT products. These measures are to encourage legal imports of IT products and removal of GST charges, so that the industry is provided…Read More

UET approves annual development budget

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article image STAFF REPORT LHR: The 33rd meeting of the University of Engineering and Technology (UET) Lahore Senate has recently been held at the Seminar Hall of Chemical Engineering Department. Malik Rafiq Rajwana, Governor of Punjab/ Chancellor of the University, presided over the meeting. The meeting approved the recurring and development budget for the year 2015-16 of Rs. 2633.281 million and development budget Rs. 2997.021 million, both for income and expenditures with a deficit of Rs. 71.068…Read More

PARC approves Rs.3.986b budget to bolster agri sector

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STAFF REPORT ISB: A budget of Rs 3.986 billion is approved for the year 2015-16 to improve agricultural research and food security in the country. The budget was sanctioned by Board of Governors (BoG) of Pakistan Agricultural Research Council (PARC) during their 39th meeting . The meeting was presided over by Federal Minister for National Food Security and Research (MNFSandR). The breakdown of the budget reveals that Rs 2.63 billion is allocated for non-development funds while the…Read More

PARC approves Rs 3.986 billion budget to bolster agri sector

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article image STAFF REPORT ISB: A budget of Rs 3.986 billion is approved for the year 2015-16 to improve agricultural research and food security in the country. The budget was sanctioned by Board of Governors (BoG) of Pakistan Agricultural Research Council (PARC)during their 39th meeting . The meeting was presided over by Federal Minister for National Food Security and Research (MNFSandR). The breakdown of the budget reveals that Rs 2.63 billion is allocated for non-development funds while the…Read More