Economic Survey 2017-18: People living below poverty line plunge to 24.3pc
The fall in poverty shows more prominence in urban areas than rural areas, reported the Economic Survey 2018.
CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions
Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions
Salaried class to suffer as govt mulls reversing income tax slabs
Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn
ISLAMABAD: In an effort to increase the tax revenue in line...
Non-Filers not allowed to buy immovable property or cars, FBR clarifies
Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new finance bill...
Dollar hits all time high of Rs160.73 against Pak rupee
The Pakistani Rupee (PKR) on Wednesday morning fell further in the early hours of trading at the interbank to another all-time low of Rs160/Rs161 against US Dollar (USD).
Cement prices surge to previous levels in Punjab
LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...
Finance Minister inaugurates Rs 40,000 premium prize bond
Finance Minister Ishaq Dar has inaugurated the premium prize bond worth Rs 40,000 with features of monthly profit and prize of Rs 80 million...
‘Kekra in Pakistani waters among world’s three highly prospective wells’
Rystad Energy says Kekra well in Pakistani waters has pre-drill prospective resource estimates of 1.5bn barrels of oil or equivalent
The Eni's Kekra well for...
KLM officially launches KIA Sportage in Pakistan
Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty
LAHORE: KIA Lucky Motors (KLM) on Wednesday launched its much-awaited...
Govt plans visa on arrival for 55 countries to uplift tourism sector
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood said on Tuesday that Pakistan is considering allowing visa on arrival for...
Cement prices to go up by Rs50 per bag
LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently. Sources familiar...
Honda launches 10th generation Civic 2019 in Pakistan
Honda Atlas Cars Pakistan Limited (HACPL) has launched the eagerly-awaited Civic 2019 – 10th generation, in Pakistan.
Following the values that created the identity of...
CPEC-funded Multan-Sukkur Motorway to be operational by August
Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value of $2.889bn
ISLAMABAD: The...
Naya minister, meet purani ministry
The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself
PTA stopped from blocking unregistered cellphones
PESHAWAR: The Peshawar High Court (PHC) on Tuesday barred the Pakistan Telecommunication Authority (PTA) from blocking unregistered cellphones.
While hearing a petition, PHC ordered PTA to...
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FBR issues notices to 3,950 non-filers in Lahore
LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...
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FBR seeks Pakistanis’ Iqama details from UAE
Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab country in...
