SBP reserves fall 0.7pc, stand at $7.8bn
The foreign exchange reserves held by the central bank contracted 0.7pc on a weekly basis to stand at $7.8 billion, a private...
FBR advises people to declare undisclosed assets by 30th
The Federal Board of Revenue (FBR) has reiterated that the closing date for the Assets Declaration Scheme is 30th June 2019.
The FBR...
Pakistan desires to enhance trade ties with Central Asia: FM Qureshi
Foreign Minister Shah Mehmood Qureshi said on Thursday that the government seeks market access for Pakistani commodities to the Central Asian countries,...
‘Business community stands with PM in his fight against corruption’
ISLAMABAD:Â Pak-US Business Council and United Business Group Chairman Iftikhar Ali Malik has said that the business community would extend all-out support to...
Consignments of dried dates stuck at Attari allowed re-export to Pakistan
ISLAMABAD:Â The shipments of Pakistani dried dates lying at Attari check post since February have been finally allowed for re-export to Pakistan by...
Bullish sentiment prevails as PSX gains 465 points
KARACHI: After a negative start to the session on Thursday, the Pakistan Stock Exchange (PSX) once again went under the influence of...
‘Tax relief on essential items to facilitate common man’
FBR official says tax exemptions on more than 1,650 raw materials and industrial inputs have been given to support local industries
ISLAMABAD:...
‘Registration of Rs40,000 prize bonds to be announced soon’
The Federal Board of Revenue (FBR) on Wednesday announced that the authorities have decided registration of Rs40,000 prize bonds and a circular...
Discretionary fund for top govt officials fixed at Rs1,000
Govt lowers discretionary fund for president, Senate chairman, NA speaker, opposition leader
ISLAMABAD: The federal government has lowered the president’s discretionary fund...
PFC terms federal budget as growth-oriented, balanced
ISLAMABAD:Â Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq on Wednesday termed the Federal Budget 2019-20 as balanced, growth-oriented and moderate, envisaging...
Cabinet’s decision to impose health tax set aside in budget
Sources claim that 'an influential lobby in the FBR' had opposed this tax
ISLAMABAD:Â The decision of the federal cabinet to impose health...
Govt allocates Rs100m for BOI in PSPD 2019-20
ISLAMABAD:Â The government has allocated Rs100 million in the Public Sector Development Programme (PSDP) 2019-20 for one ongoing scheme of the Board of...
No one will be allowed to escape tax net, vows PM’s adviser
Hafeez Shaikh says new budget aims to reach out to poor districts, including those in Balochistan and erstwhile FATA
Says govt...
APCNGA opposes increased taxes on LNG import
ISLAMABAD:Â The All Pakistan CNG Association (APCNGA) on Wednesday sought reversal of the government's proposal to increase customs duty on the import of...
ICCI terms budget ‘burdensome’ for business community, common man
ISLAMABAD:Â The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...