Govt to collect around Rs100bn from masses in July after a Rs14/liter POL price hike
The caretaker government will collect almost Rs100 billion from the masses in the month of July 2018 after a decision to raise the price of petroleum products (POL) by Rs14 per litre.
Honda Atlas raises car prices amid increasing production costs
KARACHI: Honda Atlas Cars Ltd, has once again increased the prices of its cars including the Civic, City and BR-V in Pakistan...
Market Daily: Indices depreciate along with volumes, shed 177 points
The KSE 100 dropped down to an intraday low of 41,609.90 with a loss of 301 points. It settled lower by 176.85 points at 41,734.05.
Asian factories lose momentum even before Trump’s tariffs kick in
An official PMI survey on Saturday also fueled concerns about the strength of the world’s second-largest economy, where recent data including credit growth, investment and retail sales have disappointed
Asian economies discuss trade pact amid rising protectionism
During weekend meetings, Prime Minister Shinzo Abe urged fellow leaders to work for an early conclusion of the Regional Comprehensive Economic Partnership in the face of an increasingly protectionist U.S
Pakistan rice exports surpassed $2 billion in FY18: Report
Rice exports dwindled in the aftermath of FY15 when they crossed $2 billion, touching $1.86 billion in FY16 and $1.61 billion in FY17
Internal strife in FBR threatens customs duty collection worth billions of rupees
Director general customs audit in a recently held meeting decried the forthcoming revenue loss and wanted hesitant collectors to act in 11 long unresolved audit cases translating to a revenue loss of Rs27.3 billion
FBR fails to meet revenue collection target for FY18, results in Rs135 billion shortfall
On Sunday, the government revised the Foreign Assets (Declaration and Repatriation) Act, 2018 and the Voluntary Declaration of Domestic Assets Act to extend the amnesty schemes for offshore and domestic assets till July 31st of this month
Trucks, bus’s production posts 13.63 percent increase in July-May FY18
Production of trucks posted an increase of 20.27 percent to 8,544 units in July-May (2017-18) compared to the production of 7,104 units during the same period of last year
Hike in petroleum prices will make life difficult for masses, says FPCCI
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s President Ghazanfar Bilour has said the second hike in the petroleum...
Businessmen urged to avail benefits from amnesty scheme
LAHORE: Small and Medium Enterprises (SMEs) expert Rehmatullah Javed Sunday stressed the business community and wealthy people living in the country and...
Water shortage to hit crop targets, damage agriculture industry
ISLAMABAD:Â Severe water shortage in Pakistan is set to hit targets of major crops threatening the livelihoods of farming communities and highlighting the...
Football exports up by 10.64pc
ISLAMABAD: Export of footballs from Pakistan during July-May (2017-18) has increased by 10.64 per cent as compared to same months of the...
SBP celebrates 70 years of excellence amid acknowledgement from society
KARACHI: The State Bank of Pakistan (SBP) celebrated its 70 years’ anniversary on Sunday with a number of programs taking place simultaneously at the...
Economic woes push country to rely on collections from undeclared wealth
ISLAMABAD:Â The Federal Cabinet has approved a month's extension to the deadline for declaring domestic income and foreign assets. The Tax Amnesty Scheme,...