Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Ogra recommends Rs7 per litre cut in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended the Petroleum Division to reduce the price of petrol by Rs7.06 per...

100 companies responsible for Pakistan’s 40pc exports

LAHORE: The top 100 exporters of the country exported goods worth $9,558 million in FY19 (July 1, 2018-June 30, 2019), which was...

Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report

LAHORE:  The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...

Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year...

Sindh govt approves two mega projects for Karachi

Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University KARACHI: Sindh government has approved two mega industrial...

Mian Mansha brings Hyundai cars back to Pakistan

South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX...

PTA stopped from taking action against Mobilink, Telenor

ISLAMABAD: The Islamabad High Court (IHC) has stopped Pakistan Telecommunication Authority (PTA) from taking action against two mobile operating companies. The court has also...

The great land theft

If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it is not the...

Rupee declines against dollar in interbank market

ISLAMABAD: The exchange rate for Pakistani rupee went down by 61 paisas against the United States (US) dollar during the interbank trading...

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%

Govt decides to withdraw 10pc duty on 1,700cc and above cars

ISLAMABAD: Succumbing to the pressure of local car manufacturers/assemblers, the government is all set to withdraw its decision of imposing 10pc federal excise...

Petroleum levy raised to unprecedented levels

ISLAMABAD: The government has imposed an unprecedented increase in taxes and levy on petroleum products for the month of May 2020. As per...

Gold price increases to Rs 95,850 per tola

The per tola price of 24 karat gold increased by Rs. 50 and was traded at Rs. 95,850 on Thursday, as compared...

Yutong Grand Saloon buses introduced in Pakistan

KARACHI: Master Motors Corp Ltd. (MMCL) in collaboration with Yutong, the largest manufacturer of buses in the world, has launched new 8.5m...