‘Another 20 VIP passenger trains to hit the rails soon’
Sh Rasheed says with the same amount spent on the 27km orange line train, he could have laid a new track...
Remittances grow 13.2pc in 1st quarter FY19
Inflows crossed $5bn mark in a quarter for the first time
ISLAMABAD:Â The workers' remittances witnessed a robust growth of 13.2pc during the...
UK economy flat-lines as Brexit nears, firms cut jobs: PMI
Sterling slipped to near two-week lows against the dollar after a leading gauge of the world’s fifth-biggest economy, the IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI), fell to 50.1 in January from 51.2 in December
Active social media users in Pakistan grow by 5.7%: Report
As of January 2019, the total number of active social media users was recorded at 37 million and active social media users as a percentage of the population were 18%
Pakistan in talks with World Bank for assistance in tax system reform
Local reports said that the negotiations include conditions to set up a constitutional body for resolving tax disputes between the central and provincial governments, and also changing tax structure for the agriculture sector
Fertilizer plants to be extended relief of Rs50 billion: Report
ISLAMABAD: Â In another concession to the industrial sector, the government will be providing a relief package worth Rs50 billion by decreasing the...
Hyundai-Nishat plant likely to commence production by end of 2019: Mian Mansha
The business tycoon disclosed that hybrid vehicles are already here for trial testing and there was a reasonable demand for them and will be available for sale within the next two months
Govt to kick-off roadshows to attract investment
The economic friendly initiative is first of its kind which allows an individual to make investments unlike the two other bonds namely Sukuk and Euro-bond issued by the previous regime in the last five years
PM told to seek IMF bailout on Pakistan’s terms: Report
The finance minister stressed on finding an alternative to the IMF and the final option was to reach a deal with them on their terms, the sources said quoting the finance minister
Benami Act to be made operational by February 8th: FBR
Member Inland Revenue Policy, Federal Board of Revenue (FBR) Hamid Ateeq Sarwar said this law would act hard on those who register their properties, bank accounts, or vehicles on other beneficiaries’ name in order to evade taxes
Govt approves formation of 25-member national tourism coordination board
Pakistan Tourism Development Coordination will be reorganised and PTDC's Rs200bn worth properties will be transferred to provinces
ISLAMABAD:Â The government on Monday approved the...
Four-member committee to probe inflated gas bills
ISLAMABAD:Â Following the directions of Prime Minister Imran Khan, the Petroleum Division on Monday constituted a four-member committee to probe the issue of...
FBR seeks revision in tax target due to shortage of revenue in FY19
ISLAMABAD: Federal Board of Revenue (FBR) has sought a revision in tax target due to the shortage of revenue in the first seven months...
Centre finalises agenda for upcoming NFC meeting
'Provinces will be urged to give up a certain percentage of their share in the divisible tax pool'
ISLAMABAD:Â As the meeting of...
Water reforms can lead to environmental, economic benefits in Pakistan: WB
ISLAMABAD:Â Pakistan can get more economic, social and environmental benefits from its water, subject to urgent reforms to improve water use efficiency and...