Commercial airlines get higher fuel bills as they avoid Iran, Iraq
Tokyo: Airlines are getting higher fuel bills as they reroute flights to avoid airspace over Iran and Iraq due to recent heightened...
13 CPEC projects worth $11bn completed, National Assembly told
ISLAMABAD: The National Assembly was informed on Thursday(today) that 13 projects worth about 11 billion dollars have been completed under the China Pakistan...
Global economy to grow by 2.4pc this year: WB
WASHINGTON: Recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls...
In a first, flour mills to cut prices despite shortage
LAHORE: For the first time in 72 years history of Pakistan,the Punjab Flour Mills Association (PFMA) on the request of the government...
PM Imran to launch Rs 30b ‘Hunermand Jawan’ programme today
ISLAMABAD: Prime Minister Imran Khan will launch the country’s largest-ever skill development programme ‘Hunermand Jawan’ on Thursday (today) aimed at enhancing faculties of...
World Bank revises down Pakistan’s growth projections
ISLAMABAD: The World Bank in its latest report “2020 Global Economic Prospects” has slightly lowered country’s growth rate projections for the current fiscal...
FBR to introduce single-page income tax return form for shopkeepers
KARACHI: In a bid to enhance tax net and simplify tax filing system, the Federal Board of Revenue (FBR) has finalised the...
60pc exports activities affected as cargo transporters strike enters 4th day
KARACHI:The cargo and goods transporters strike entered its fourth day on Thursday, affecting about 60 percent of the exports.
Cargo vehicles have been...
FBR to question 24,000 Pakistanis for hoarding dollars
LAHORE: The Federal Board of Revenue (FBR) has obtained the record of 24,000 Pakistanis who had bought dollars in bulk during the...
Speculations rife as FBR chief goes on 15-day leave
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi’s 15-day leave has triggered rumours within the tax circles that “he has probably left...
Pakistan not to accept TAPI gas price
--ECC approves technical supplementary grant of Rs1bn for establishment of Pakistan Tourism Development Endowment Fund
--Finance ministry directed to chalk out ways to...
US, UK, China remain Pakistan’s top export destinations
The United States (US) has maintained its position as the top export destination for Pakistani products during the first five months of...
Gas shortage to double next year, CCoE informed
ISLAMABAD: Amid lack of new explorations, the shortage of gas is likely to be doubled next year, with a projected shortfall of 477mmcfd.
In...
SBP sells Rs95.7bn worth of PIBs
KARACHI: The State Bank of Pakistan (SBP) raised Rs95.67 billion through the sale of Pakistan Investment Bonds (PIBs) at an auction on Wednesday.
As...
FBR asked to crack down on smuggled Iranian POL products
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a joint task force, comprising the officials...