Pakistani delegation submits implementation report to FATF-APG
The 10-member delegation informs APG about Pakistan's measures to stop terror financing and money laundering
The Pakistani delegation has presented its implementation...
Court extends suspect’s remand in Karkey rental power case
An accountability court on Thursday extended the physical remand of a major suspect, Laeeq Ahmed Sheikh, until May 20th in the Karkey...
Salaried class to suffer as govt mulls reversing income tax slabs
Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn
ISLAMABAD:Â In an effort to increase the tax revenue...
Karachi water supply, Yellow Line projects recommended to ECNEC
ISLAMABAD:Â The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6...
Asia’s worst performing currency takes another hit
Pakistani Rupee (PKR) weakened to a record in an apparent devaluation, four days after the South Asian nation secured a bailout from...
PSX ends 320 points lower as investors react to rupee devaluation
KARACHI:Â After ending the previous session with decent gains, the Pakistan Stock Exchange (PSX) was back in the grip of bears on Thursday.
The...
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
FBR chief says individuals with ‘benami’ assets can be sentenced up to 5 years
'300 major taxpayers, including corporations, pay 80pc of overall tax collection of the country'
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi...
BoI committed to developing four SEZs in six months: chairman
ISLAMABAD:Â Board of Investment (BoI) Chairman Haroon Sharif said on Wednesday that the investment board is committed to completing four special economic zones...
Business community hails tax amnesty scheme, calls for extension till Dec
Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...
OICCI hails Shabbar Zaidi’s appointment as FBR chairmanÂ
Foreign investors' body says it looks forward to a major change in taxation structure under Zaidi's tenure
KARACHI:Â The Overseas Investors Chamber of...
President Alvi signs ordinance approving tax amnesty scheme
ISLAMABAD: President Arif Alvi on Wednesday issued the ordinance for the ‘Asset Declaration Scheme’ which had been approved by the federal cabinet a...
Govt lets rupee down!
Dollar touches all-time high at Rs146 before bouncing back to Rs144 later in day
Further devaluation on the cards after open...
‘Govt striving to transform Pakistan into an investment-driven economy’
ISLAMABAD:Â The government is striving to shift the country's economy from a consumption-driven to an investment-driven economy, said Adviser to Prime Minister on...
ECC allows 150MW additional power supply to Karachi
Committee approves Rs1.8bn power subsidy for tribal districts
ISLAMABAD:Â The Economic Coordination Committee (ECC) on Wednesday allowed an additional supply of 150MW power...