IRS officers share deplorable working conditions, elitism in bureaucracy
LAHORE: A recent post by a group of income tax officers has been making rounds on social media. The post is addressed...
Cabinet to ratify decisions regarding import of vintage cars, cars for disabled persons
ISLAMABAD: The federal cabinet will ratify decisions taken by the previous government pertaining to import 50-year-old vintage cars and up to 1350cc...
US cancels $300 million aid to Pakistan over record on militants
The Trump administration says Islamabad is granting safe haven to insurgents who are waging a 17-year-old war in neighbouring Afghanistan, a charge Pakistan denies.
PTI names relatively less experienced EAC team
The regular half a dozen senior ones jettisoned
Suki Kinari Hydropower Project set to make KP self-sufficient in power
Two more projects have been announced by KP government at Batakundi (96 MW) and Naran (188MW) – both upstream of the Suki Kinari project
Ethiopia debt woes curtail China funding
Ethiopia has been a top destination for Chinese loans in Africa, despite its lack of natural resources, with state policy banks extending it more than $12.1 billion since 2000
SBI chairperson Naheed Memon rebukes previous govt for fixation with resolving power crisis
Ms Memon said general perception about a lack of ambiguity concerning CPEC developed after the previous government spent concessionary loans on projects like OLMT
Eurozone unemployment falls to decade low of 8.2 percent
Unemployment hit a peak of 12.1 percent in 2013 when the crisis, at least for the eurozone, morphed into a government debt crisis largely centred on Greece
Pakistan needs to take definitive actions before next meeting of FATF: Asad Umar
Asad Umar said Prime Minister Imran Khan will chair a high-level meeting on Monday to discuss issues relating to currency smuggling and money service providers
PSEs borrowed a startling Rs52 billion in July-August of FY19
PIA’s debt stood at Rs146 billion in FY18 against Rs122.4 billion in FY17 and debt of Wapda grew to Rs131.2 billion in FY18 from Rs81.4 billion in FY17
Tax regulator collected Rs506 billion taxes in July-August FY19
The tax regulator needs 15.5 percent growth to reach its target since its collection at end of FY18 stood at Rs3.842 trillion
Oil refineries earned Rs500 billion under ‘deemed duty’ since 2002
Deemed duty was provided by the government as an incentive to make oil refineries upgrade their plants which would result in the production of environment-friendly and higher-grade fuel
Sindh’s SEZMC commences operations
It will manage existing SEZs as well as develop new SEZ under the Industrial Cooperation phase of CPEC in Sindh
SBP injects Rs1,907 bn into money market
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1,907.250 billion into the money market for seven days as reverse repo...
Govt determined to develop CPEC to eradicate poverty: Khusro
ISLAMABAD: The government is determined to develop Cthe hina-Pakistan Economic Corridor (CPEC) to eradicate poverty, provide education to youth, and create job...