Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

In surprise move, Shazad Dada is replaced as President and CEO of UBL

Muhammad Jawaid Iqbal appointed as President & CEO of UBL for 3 year tenure

 91 illegal farm housing schemes uncovered in Lahore

LAHORE: The authorities in Lahore have uncovered a staggering 91 illegal farm housing schemes within the city. The discovery has raised concerns...

If not IMF, then what?

The ninth review of Pakistan’s International Monetary Fund (IMF) programme has become a bit of a running joke – even though, for...

Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147

Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."

UAE closes the gap of external financing

ISLAMABAD: Finance minister Ishaq Dar on Monday confirmed that Saudi Arabia and the United Arab Emirates (UAE) informed the IMF about their...

Special Investment Facilitation Council (SIFC): A game-changer for Foreign Direct Investment

Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), described the creation of the Special Investment Facilitation Council (SIFC)...

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

FBR set to auction properties of iconic Bio Amla manufacturer to recover taxes

The investigation first began in 2017 with accusations of under-invoicing and tax evasion.

Is biotechnology the future of agriculture in Pakistan?

Due to the adoption of hybrid maize seeds by farmers, average yields of maize across Punjab have increased from 14 maunds...

The informal sector: A significant contributor to Pakistan’s economy

Writing for Dawn, author Dr. Abdul Wahid explains that the informal sector has become a significant contributor to Pakistan's economy, adding approximately...

PTI highly likely to form federal govt, says Topline Securities

Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.

Oil refineries fear shutdown amid rising fuel oil stocks

Pakistan oil refineries have warned the Ministry of Energy that rising fuel oil inventories, driven by the government’s shift to LNG-based power...

Lucky Cement pays out dividend after hiatus of three years 

At Rs 18 per share, it is the highest payout since 2018 

Oil and gas reserves to end after 10 years, reveals petroleum division

ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...