SECP opens facilitation center at Gwadar
ISLAMABAD: The registration of business is a primary requirement of investors and in order to meet this demand, the SECP has opened a fully-equipped...
Affluent businesses enjoyed tax exemptions worth Rs540bn
The federal government has given Rs540 billion worth tax exemptions to affluent businesses during the current fiscal year, economic survey documents reveal.
IMF rejects downward revision in FBR’s revenue target
ISLAMABAD:Â The International Monetary Fund (IMF) has rejected the government's request for a downward revision in the revenue target for the ongoing fiscal year (FY20),...
Drastic fall predicted in cotton production
KARACHI: The Cotton Crop Assessment Committee (CCAC) has revised cotton production estimates to 10.847 million bales of 170kg each for this season, down from...
Pakistani nationals residing in UAE topped in availing foreign tax amnesty scheme
According to Chairperson Federal Board of Revenue (FBR), Rukhsana Yasmeen there were total declarations of 82,848 people of which 5353 were availed under foreign tax amnesty and 77,845 availed domestic amnesty
Profit, dividend repatriation increased 28.9 percent during July-Nov 2017
KARACHI: State Bank of Pakistan on Wednesday released data pertaining to profit and dividend repatriation on foreign direct investment (FDI) which rose 28.9 percent...
‘Horticulture export can fetch $2.5bn in five years’
PFVA patron-in-chief says introduction of drip irrigation system can save water wastage equivalent to the capacity of two dams
ISLAMABAD:Â Horticulture export could be enhanced...
PM’s China visit to focus on CPEC expansion: minister
ISLAMABAD:Â Ambassador of China Yao Jing called on Planning, Development & Reform Minister Makhdoom Khusro Bakhtiar on Thursday to discuss the upcoming visit of Prime...
Pharmaceutical industry asks govt to extend serialization deadline
Karachi: In a press release issued on Monday, the Pakistan Pharmaceutical Manufacturers Association (PPMA) has requested the Drug Regulatory Authority of Pakistan (DRAP) to...
Four in five businesses in Pakistan anticipate a better future: Gallup survey
KARACHI: The Gallup Business Confidence Index (BCI) reported a return to green indicating that businesses in the country are confident about the present and...
SECP registered 1,060 new companies in November
Around 72 percent of companies were registered as private limited companies, while around 26 percent were registered as single member companies
Pakistan Customs collects Rs444bn in eight months, surpasses target
ISLAMABAD:Â Pakistan Customs has surpassed its target by collecting Rs444 billion in the first eight months of the current financial year i.e., July-February 2018-19.
The collection...
Irregularities worth Rs470b surface in road construction projects
Islamabad: Irregularities worth billions have been discovered in road projects awarded to National Highway Authority (NHA) by auditor general of Pakistan (AGP) office.
According to...
Increasing power, gas tariffs the only option: Hafeez Sheikh
Presiding over a meeting on Saturday, Adviser to Prime Minister on Finance, Abdul Hafeez Shaikh said that increasing electricity and gas tariffs is the...
IMF tranche propels Pakistan’s forex reserves to $8.27bn
The total liquid foreign currency reserves of Pakistan, including the reserves held by banks other than the SBP, stood at $13.341bn
