FBR amasses record withholding tax of Rs3.84 billion on school fee in FY18
According to FBR officials, the rise in revenue collection was made possible by an increase in tuition fees by educational institutions in FY18
Pakistan’s energy-linked imports soar 34 percent, touch $1.27 billion in July
Liquefied Natural Gas (LNG) imports soared 144 percent to $332 million during July 2018 against $135.2 million in July 2017 due to the commencement of operations at various RLNG based power plants, said PBS
Federal minister vows to end corruption from Pakistan Railways
He informed the Railways would build 5,000 small apartments like quarters for grade-4 employees, make all-out efforts to double the track from Peshawar to Lahore under China Pakistan Economic Corridor and plant trees on both sides of the railway track with fencing
ISGS to put fate of white oil pipeline project before PTI government
Ogra disregarding ISGS granted the other similar pipeline project to FOC without conducting a public hearing for it
Focus isn’t on stabilizing economy using money stashed overseas: Asad Umar
The finance minister indicated this policy was to disincentivize those people who sought to earn money from illicit practices and launder it overseas
U.S, China impose further tariffs, escalating trade war
Economists reckon that every $100 billion of imports affected by tariffs would reduce global trade by around 0.5 percent
Pakistani’s offshore accounts data set to be accessible from 1st September
As many as $64 million have been remitted to Pakistan under the recently concluded tax amnesty scheme
Hybrid wheat successfully harvested in Pakistan: Global Times
In different areas across the country, hybrid wheat from China has been successfully grown and is likely to be introduced in other...
PM’s vision a hope for SAARC countries
LAHORE: SAARC Chamber of Commerce and Industry Senior Vice President (SVP) and United Business Group (UBG) Central Chairman Iftikhar Ali Malik, terming...
Business community demand monitoring of FBR, export targets for diplomats
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday said Prime Minister Imran Khan's first address to the...
Britain can’t afford to close door to EU banks after Brexit
LONDON: Britain is expected to keep the door open for European Union banks and investors after Brexit to try to preserve London’s...
Emerging markets may lose their friendly banker
Need a loan? Don’t call China.
China draws up new guidelines on identifying “hidden” local debt: Report
The new policy document calls on local governments to find out how much off-budget debt has been accumulated over the last three years and to draw up risk control plans
Pakistan risks failure of signing trade accord with EEU: Report
Officials believe the absence of diplomatic ties with Armenia could inhibit the finalization of the trade deal with EEU
LSMI growth jumped 5.38 percent in FY18
The highest growth of 13.24 percent was witnessed in the indices monitored by Oil Companies Advisory Committee (OCAC) followed by 5.04 percent growth in the products monitored by Ministry of Industries and 1.17 percent growth in Provincial Bureaus of Statistics (PBOS)