Govt pays Rs42bn to textile sector under PM’s export package

ISLAMABAD: The government has provided Rs42 billion to the local textile industry under the Prime Minister Exports Enhancement Package in order to facilitate...

‘Industrial zone to be established in Bajaur’

KP CM's aide says a small industrial zone will not only boost the socio-economic condition of the region but will also...

Govt urged to focus on financial inclusion of women

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday urged the government for focusing on financial inclusion of women to promote...

Total Parco mulls investing $150m in petroleum marketing

ISLAMABAD: A delegation of Total Parco called on Minister for Petroleum Ghulam Sarwar Khan on Wednesday and hinted to invest $150 million in...

Centre, provinces asked to submit details of tax collected on mobile top-up

ISLAMABAD: The Supreme Court (SC) on Wednesday sought details from the federal and provincial governments regarding tax collection from mobile service companies during...

Govt to increase electricity prices by Rs2 per unit

ISLAMABAD: The government on Wednesday decided to increase electricity prices by Rs2 per unit. The hike in the prices will put an additional burden...

Govt appoints Ahmed Nawaz Sukhera as commerce secretary

ISLAMABAD: The government has appointed Sardar Ahmed Nawaz Sukhera as the new commerce secretary. As per the available notification, Sardar Ahmed Nawaz Sukhera, a...

LSE hosts annual conference on economic management

Rector says govt needs to introduce comprehensive reforms to promote macroeconomic stability and foster long-term sustainable growth LAHORE: The Lahore School of Economics...

No revisions in rates for tax on cash withdrawal, FBR clarifies

ISLAMABAD: The federal government has neither revised the rates or limits for tax on cash withdrawal from the bank accounts under section 231A,...

ECC orders speedy establishment of new LNG terminal

Approving FBR's proposal, the committee waves off the accumulated penal surcharges of Rs700m against overstayed consignments at ports ISLAMABAD: Keeping in mind...

Rs8.2bn recovered as FBR intensifies crackdown

ISLAMABAD: The tax department has recovered Rs8.2 billion from the tax evaders in ongoing arrear recovery drive and crackdown. Sources told this scribe that...

IMF mission chief’s visit to Pakistan concludes

ISLAMABAD: The maiden visit of International Monterey Fund (IMF) mission chief for Pakistan came to an end on Wednesday. As per details, IMF Mission...

Belarusian dumper trucks enter Pakistani market

Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year NOWSHERA: BelAZ, a Belarusian mining truck...

PSX gains 635 points as volumes soar

Trade volumes crossed 200m mark for the first time in a month KARACHI: Positive news from Islamabad triggered some excitement within the investors...

‘Circular debt to be brought down to Rs225bn by Dec’

Minister says some 450 officials of various distribution companies have been terminated for being involved in power pilferage ISLAMABAD: Reiterating the government's firm...