Govt increases tax rate for salaried class in budget 2023-24
People earning over Rs 300,000/month, to pay at least Rs 36,250 in taxes
FBR again misses the mark, revenue collection falls short by Rs90 billion
Due to missing the revised revenue collection target of Rs3.935 trillion, the budget deficit could likely surpass 7 percent, although the final figure for FY18 is yet to be finalized
LPGDAP fears LPG crisis in winter season
Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Chairman Irfan Khokhar Tuesday feared crisis of LPG in the upcoming winter season after imposition of 5.5...
Inefficiencies, admin losses of power sector be cut down to address circular debt: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed an overhaul of the power transmission, distribution and recovery process of the Distribution Companies (DISCOs)...
Shaheen Air proprietors escape Pakistan, leave recoveries in limbo
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion
TAPI partners plan to meet in Dubai, review project progress
The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project and work...
Dollar drops to Rs160 in interbank market
The dollar on Thursday dropped Rs4.05 in the interbank market and closed the session at Rs160.
The drop comes a day after the dollar soared...
China launches aviation fuel index amid slowest demand growth in four years
Passenger travel makes up 97 percent of China’s total jet fuel consumption, which makes up some 13 percent of the global market, CNAF executives said
Pakistan’s delayed LNG power plants set for final pre-operations checks in December-January: official
The delays at the three new plants - Haveli, Bhikki and Balloki - have forced Pakistan LNG to divert contracted liquefied natural gas (LNG) shipments
Govt urged to safeguard local industry
'Govt should instruct all business-related departments to focus on resolving key issues of the industry'
ISLAMABAD: Islamabad Chamber of Commerce and Industry President Ahmed Hassan...
METRO Cash & Carry, Careem to facilitate customers across Pakistan
LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling experience to...
Marble exports decline 32pc during FY 2016-17
Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m in 2016...
Govt unveils new shipping policy with an aim to attract investment
Ali Zaidi announces tax incentives for shipping industry investors, says at least three local shipping companies will soon be registered under the new policy
D&B survey reveals majority of Pakistanis worried about Covid-19 spread
--90pc respondents express concerns over their personal finances amid pay cuts, redundancies, layoffs and business closures
--87pc claim that their savings have taken a hit;...
PR retrieves 383 acres of land in one year
ISLAMABAD:Â Pakistan Railways has retrieved around 383 acres of land worth Rs30 billion through various anti-encroachment operations during the last fiscal year (FY19).
PR recovered 38km...
