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: As the meeting of...
Water reforms can lead to environmental, economic benefits in Pakistan: WB
ISLAMABAD: Pakistan can get more economic, social and environmental benefits from its water, subject to urgent reforms to improve water use efficiency and...
NEPRA approves 56 paisa per unit hike in power tariff
'Consumers will face a burden of approximately Rs4.2bn due to the increase'
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.57...
Govt’s proposal to restrict provinces from collecting GST on services dismissed
Dr Kaiser Bengali says govt should abolish 15-20 divisions and ministries to reduce federal expenditure
KARACHI: Former advisor to chief ministers of Sindh...
ECC orders provision of gas, electricity to special economic zones
ISLAMABAD: The Economic Coordination Committee on Monday directed the power and petroleum divisions to devise a plan within 30 days to ensure...
‘Germany facing big budget hole as economy slows’
German govt last month cut its growth forecast for this year to 1pc from 1.8pc previously
BERLIN: Germany is facing a budget shortfall...
Readymade garments export reaches $1.2bn in six months
ISLAMABAD: The exports of readymade garments earned $1.26 billion during the first half of the current fiscal year (2018-19), showing a growth of...
PSX gains 501 points amid bullish trading
Cement sector manages to add 4.58pc in its cumulative market capitalisation
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the...
Govt lauded for simplifying business policies
ICSTSI urges govt to discourage interaction between tax officials and the business community by promoting automation
The Islamabad Chamber of Small Traders...
S&P downgrades Pakistan’s rating to B-, says recovery to take longer
S&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
People to pay for gas they haven’t used
People complain of inflated gas bills in absence of full supply
Minister announces 'relief', says people with bills over Rs20,000 can...
UK will ‘permanently’ regret no-deal Brexit
Business secretary says without a deal, Britain risked major disruption to trade with the EU
LONDON: Britain would permanently regret leaving the European...
Govt urged to safeguard local industry
'Govt should instruct all business-related departments to focus on resolving key issues of the industry'
ISLAMABAD: Islamabad Chamber of Commerce and Industry President...
Price of Urea bag likely to be reduced by Rs200
ISLAMABAD: As the federal cabinet has reduced 50pc Gas Infrastructure Development Cess (GIDC) for eight sectors, including the fertilizer industry, the prices of...