High-powered committee formed to tackle country’s economic woes

National Development Council, to be chaired by PM Imran Khan, will also have Chief of the Army Staff Gen Qamar Javed...

KP unveils Rs900bn budget for 2019-20

12 per cent reduction in KP cabinet members' salaries  PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Khan Jhagra on Tuesday presented the provincial budget...

71 out of 84 sugar mills declared losses in FY19: FBR chief

'FBR has agreed to reduce withholding tax for registered sugar dealers' ISLAMABAD: In a briefing to the Senate's Standing Committee on Finance on...

KP govt authorises six departments for tax collection

PESHAWAR: Khyber Pakhtunkhwa government on Tuesday authorised six administrative departments responsible for tax collection, besides authorising 13 non-tax collecting bodies. White Paper 2019-20 contained...

Gwadar Master Plan to be finalised soon: minister

'A robust policy is being devised to transform the coastal city into a regional hub of trade and business activities' ISLAMABAD: Planning, Development...

Pakistan, Iran agree to enhance trade ties, remove bottlenecks

ISLAMABAD: A delegation of the Iranian parliamentarians, led by Iran-Pakistan Parliamentary Friendship Group Chairman Ahmad Amirabadi Farahani, called on Adviser to Prime Minister...

PR earns over Rs1bn from special Eid trains

ISLAMABAD: Pakistan Railways has earned over Rs1 billion from special Eid trains, which were run by the department on a special discount to...

Bearish sentiment continues as KSE-100 sheds another 487 points

KARACHI: Continuing with the recent declining trend, the Pakistan Stock Exchange (PSX) ended the session on Tuesday in the red. Indices drove in...

Pakistan, World Bank sign loan agreements worth $918m

ISLAMABAD: Pakistan and World Bank (WB) on Tuesday signed three loan agreements worth $918 million to help support revenue mobilisation and higher...

Ruppe hits another low, falls to 157 in inter-bank trade

The Pakistani rupee took its seventh straight beating in as many sessions, hitting a brand new all time low of Rs 157...

FBR receives data of withholding taxes from banks

People asked to disclose undeclared bank accounts under amnesty scheme by June 30 ISLAMABAD: The Federal Board of Revenue (FBR) has received details...

Senate body reviews finance bill, FBR proposals

ISLAMABAD: Senate's Standing Committee on Finance, Revenue and Economic Affairs on Monday reviewed the Finance Bill 2019 as well as the clauses proposed...

Pakistani products take centre stage at China’s commodity expo

Pakistani products have attracted a large number of local and international entrepreneurs at the ongoing South and Southeast Asia Commodity Expo and...

Tobacco growers condemn imposition of Rs300 tax on farmers

Govt urged to reverse the decision, as it will bring economic death to the working class ISLAMABAD: Tobacco growers and industrial workers on...

Work on CPEC’s eastern route to be expedited: minister

ISLAMABAD: Planning, Development & Reform Minister Makhdoom Khusro Bakhtiar and Ambassador of China Yao Jing have agreed to expedite the work on the...