Pakistan neglects tax reforms in drive to improve ease of doing business

ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...

Market Daily: Bears take over again as PSX loses 354.57 points

LAHORE: The Pakistan Stock Exchange for the second consecutive day failed to make a mark.  The indices shed gains from the beginning...

Pakistan received $489 million loans & grants in July

The government had projected overall foreign assistance for FY19 to be around $9.6 billion compared to $11.486 billion in FY18

Gas price increase to be focal point of discussion in ECC meeting

According to Ogra law, the regulator is required to revise gas prices bi-annually to be notified on the first of July and January and local gas prices are linked to global oil prices

Sindh SEZs attract Rs50 billion worth of investment

Two more SEZs have been recommended to be established, one is the Dhabeji SEZ which comes under China-Pakistan Economic Corridor (CPEC) and will be setup over 1,500 acres land and the other is a 300-acre Marble City

New govt to go-ahead with plan of breaking-up gas utilities

This plan was put forth before the Prime Minister Imran Khan by the Ministry of Energy (Petroleum Division) in a meeting on Tuesday

Federal government commences process to reconstitute 9th NFC

The provisional and federal finance ministers are statutory members of the NFC and every provincial government can appoint one non-statutory member to it

Assets recovery unit established to retrieve offshore assets

Officials from the State Bank of Pakistan, Federal Board of Revenue (FBR), National Accountability Bureau (NAB), Federal Investigation Agency (FIA) and intelligence agencies are amongst the new members of this newly constituted unit

FBR commences legal action against proprietors of undeclared properties in UK

The tax regulator had found out a big amount of non-compliant individuals via data obtained from UK’s non-ministerial Her Majesty’s Revenue and Customs (HMRC)

Czech Republic keen to promote trade ties with Pakistan

ISLAMABAD: Confederation of Industry of Czech Republic Vice President, Frantisek Chaloupecky has said that the business community of his country is interested...

National Savings announces increased profit rates

The Central Directorate of National Savings (CDNS) today issued a notification that it has revised profit rates on different schemes, effective from...

United Autos set to launch ‘Bravo’ on 8 September

The highly anticipated United Bravo hatchback car is all set to be unveiled on the 8th of September 2018, which is being...

Chinese delegation of solar, wind energy producers call on FM Asad Umar

LAHORE: A three-member delegation of the China Three Gorges South Asia Investment Limited led by their President and CEO, Qin Goubin called on...

Health minister requests finance ministry to withdraw 3rd slab of FED on cigarettes

ISLAMABAD: In what could be dubbed as a much need-move, the Federal Minister for National Health Services Aamer Mehmood Kiani has recommended...