‘Afeef Zara Airways’ obtains license, plans to take-off in six months

KARACHI: Afeef Zara Airways has obtained its Regular Public Transport (RPT) license from Civil Aviation Authority (CAA) and plans to commence its domestic flights...

Commerce Minister attends Commonwealth Forum in England 

ISLAMABAD: Federal Minister for Commerce and Textile, Mohammad Pervaiz Malik is an on official visit the to UK from 16th to 18th April, 2018...

PM chairs ECC meeting, accord approvals for power sector

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime Minister’s Office...

PRGMEA shows concerns over duty drawback of taxes 2017-18 

KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central, Shaikh Mohammad Shafiq has expressed grave concerns about the decreasing trend in Pakistan’s...

Haroon Akhtar seeks greater S. Korean investments in Pakistan

ISLAMABAD: Special Assistant to Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said that the business and investment environment in Pakistan has improved...

Increased CPEC-trade flow, business activity to boost revenues: Member FBR

ISLAMABAD: The Federal Board of Revenue's member in the Facilitation and Taxpayers Education (FATE) wing, Nausheen Javaid Amjad has said the increased trade flow and...

SECP registers 1,125 new companies in March 2018

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in March, registered 1,125 new companies, raising the number of registered companies to 84,783. Compared to the...

USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs

ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small and medium-sized...

Punjab’s tax collection rises to Rs32bn from Rs8bn a decade ago: Shuja ur Rahman

LAHORE: Punjab's tax collection has increased to Rs32 billion compared to Rs8 billion a decade ago, on the back of an expanding tax net,...

SECP notifies new AAOIFI shariah standards for public consultation  

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has fast-tracked the adoption of Shariah standards to bring about harmonisation and standardisation in the...

CCP to hold an open hearing on Auto sector on April 12

KARACHI: The Competition Commission of Pakistan (CCP) is holding a public hearing on the auto sector on April 12 in Islamabad, and has invited all stakeholders to...

Exports surge by 13.14pc, trade deficit widens by 17.3pc in first 9 months

KARACHI: The country’s exports have enhanced by 13.14 per cent in first nine-months of the current fiscal year to $17.081 billion, as compared to...

Health Ministry asks policy review of reducing cigarette prices to save lives 

ISLAMABAD: Contrary to the claim of the local tobacco industry about the market share of non-duty paid/illicit cigarette brands, a study has revealed that...

ICAP urges govt to bring all sectors of economy to tax-net

ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective of the...

Tax rates for banks should be reduced in 2018-19: PBA

KARACHI: Pakistan Banks’ Association (PBA) has demanded from the government to delete Section III (4) of the Income Tax Ordinance 2001 and the tax rates...

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Three major banks are up for sale. Who will buy them?

For the first time in Pakistani history, three perfectly healthy and viable banks are simultaneously up for sale. None of them is a distressed...

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