Pakistan earns $427mln from travel services’ export
ISLAMABAD: Pakistan earned US $ 427.024 million by providing different travel services in various countries during the first three quarters of the ongoing fiscal...
Business community urges to bring 3.5 million non-filers into the tax net
ISLAMABAD: The business community here on Tuesday urged the government to bring some 3.5 million non-tax filers into the tax net, which were identified...
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI:Â The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current economic policies...
Govt releases Rs293.23 million for industrial projects under PSDP
ISLAMABAD: The government has released Rs 293.230 million for several industrial development projects under its Public-Sector Development Programme (PSDP) 2017-18 as against the allocation...
‘Govt striving hard to make garment industry competitive’
LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said the government is taking all necessary measures to make the value-added textile...
Saudi visit highlights Pakistan’s search for investment
The largest deal signed on Sunday, a $10 billion refinery to be developed in the port of Gwadar by Saudi Aramco, will take up to five years to develop. But smaller deals, including the acquisition of two liquefied natural gas plants, alternative energy projects and food and agriculture investments should bear fruit more quickly
Rs2,526 million released under PM’s SDG program
ISLAMABAD: As the government moves towards next general election, it has started to release development funds for special constituencies including the electorates of federal...
Gwadar rising fast in Pakistan’s economic landscape
BEIJING:Â Once a small backward fishing town off the Arabian Sea in the southwest Balochistan province, Gwadar now is rising fast in the economic landscape...
CNIC condition for buyers comes into force
ISLAMABAD:Â The Federal Board of Revenue's provision to make it mandatory for ordinary citizens to show Computerised National Identity Card (CNIC) in case of over...
SECP makes changes to Public Sector Companies Rules
As per an issued statement, the Securities and Exchange Commission of Pakistan (SECP) has amended the Public Sector Companies (Corporate Governance) Rules, 2013, in...
PM Imran hints at extending amnesty deadline
Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands of the...
Pakistan coal imports projected to soar to 30m tons by 2020
The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020
Decrease in sales tax on petroleum products may cause Rs60 billion in losses
To shield the end consumer from the full impact of rising oil prices, the government has been reducing sales tax which according to tax authorities estimates a sharp decrease of 46 percent in revenue collection in November 2018
Govt unable to control hike in sugar prices
ISLAMABAD
Even though Finance Minister Ishaq Dar has taken notice of the sudden hike in sugar prices and has asked the provincial governments to immediately...
PSX sheds 108 points amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) embarked on a roller-coaster ride on Wednesday, as the indices, after oscillating in both directions, closed in...
