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:Â 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...
KAPCO announces FY2018 earnings at Rs12.06/share
Kot Addu Power Company (KAPCO) announced its financial year 2018 results for the fourth quarter (4QFY18), today.
The company posted a profit after tax...
Customs Intelligence observes silence over bribe allegation against high ups
ISLAMABAD: The Customs Intelligence department has observed criminal silence over the increasing allegations of collections of bribes from its officials.
Recently, a complainant,...
Market Daily: KSE 100 drops 258.48 pts amid increase in gas prices
LAHORE: The Pakistan Stock Exchange (PSX) couldn’t continue its winning streak from the previous session and was taken over by bears. According...
Govt extends contract of NIRC chairman for two years
ISLAMABAD: The federal government on Wednesday allowed a two-year extension in the contract of the National Industrial Relations Commission (NIRC) Chairman Justice...
Domestic cement despatches decline by 13.73pc in August
Slower growth was attributed to the hectic election activities that were going on in the country.
Regulators keep quiet as K-Electric sits on its annual reports for two years
ISLAMABAD:Â K-Electric (KE) has still yet to issue its annual report for the previous year, fiscal 2016-17, while its major stake is in...