NAB summons top businessman in LNG terminal case
ISLAMABAD:Â The National Accountability Bureau (NAB) has summoned Chairman of a leading business conglomerate, seeking to record his statement in a case pertaining...
Stocks gain 175 points amid high turnover
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive start to the month, with the KSE-100 Index closing the session on Tuesday...
PM calls for removal of impediments to industrial growth
Prime Minister Imran Khan on Monday chaired a meeting of his economic team, wherein he was briefed on the outcomes of the...
FBR misses first-quarter target by over Rs120bn
ISLAMABAD:Â The Federal Board of Revenue (FBR) has missed the first-quarter revenue collection target for the financial year 2019-20 by over Rs120 billion.
According...
NA passes bills to regulate forex movement, counter money laundering
ISLAMABAD:Â The National Assembly, besides approving a bill to enhance punishment for money laundering on Monday, also passed a bill to amend the...
Petroleum prices remain unchanged for October
The government has decided to maintain the prices of petroleum products at the current level to offset expected increase in the prices...
Deadline to file income tax return extended till Oct 31
ISLAMABAD:Â The Federal Board of Revenue (FBR), in exercise of the power conferred under Section 214A of the Income Tax Ordinance, 2001, has...
‘Ceramics unit in Bhalwal Industrial Estate to be operational by March 2020’
The first foreign ceramics factory has started the construction of its one-of-a-kind ceramics unit with an investment of $70 million in Bhalwal...
Govt likely to grant tax exemption to online businesses
ISLAMABAD:Â The government is likely to give tax exemption to online businesses in the country, sources said, adding that the Ministry of Commerce...
Mango exports surge 42pc in 2019: official
KARACHI: The export of mango during the current season has increased by 42pc when compared with the last year, said Pakistan Horticulture...
KSE-100 remains flat amid volatile trading
KARACHI:Â The Pakistan Stock Exchange (PSX) remained flat after a volatile trading session on Monday. Foreign investors closed the previous week as net...
Govt releases Rs275.6m for Revenue Division projects
ISLAMABAD: The government has released Rs275.639 million for various ongoing and new projects of the Revenue Division under the Public Sector Development...
Sports goods’ exports drop 5.9pc to $52.6m
ISLAMABAD:Â The export of sports goods from the country witnessed a decline of 5.93pc during the first two months of the current financial...
Businessmen lament power tariff hike, seek immediate withdrawal
ISLAMABAD:Â Expressing grave concerns over continuous hikes in power tariff, the Islamabad Chamber of Commerce and Industry (ICCI) has said that the cost...
Spillover: world economies’ next big headache
LONDON:Â Factories have been the first victims of the Trump-era global trade rows. Now the question is how much their troubles will spread...