Pakistan to chair UNCTAD’s session on competition law, policy
KARACHI: Competition Commission of Pakistan (CCP) Chairperson Vadiyya Khalil will chair the seventeenth session of the Inter-governmental Group of Experts on Competition...
Overseas Pakistanis remit $19.622bn, an increase by 1.4pc from last year
KARACHI: The State Bank of Pakistan (SBP) received the workers’ remittances of $19.622 billion in the last fiscal year (2017-18), up by...
$300 million tax retrieved under amnesty scheme till now: Bajwa
The credit to the farming sector witnessed a 37 percent rise, reaching Rs964 billion and a considerable increase in credit to small industries was observed, said Bajwa
SNGPL, SSCGC facing default prospects due to non-clearance of dues by power sector
To ensure appropriate figure of RLNG demand is put forth to Pakistan LNG Limited (PLL) for July-September 2018, the Power Division has been asked to provide a proper confirmation to off-take from RLNG volumes on a take or pay basis
Affluent people seek declaration of foreign assets at 2 percent tax
By end of last month, over $6 billion of overseas assets had been declared by Pakistani nationals on which they paid $290 million in taxes and the amnesty scheme has been extended to the 31st of July earlier this month
Public debt rises 11 percent, touches Rs23.769 trillion during July-May FY18
However, public external debt rose to Rs7.3 trillion against Rs5.9 trillion at end-June 2017, posting a 23.72 percent increase during July-May FY18
SAARC CCI president to visit Pakistan, hold high-level meetings
ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) President, Ruwan Edirisinghe is scheduled to arrive in Pakistan on July 10 (Tuesday) on a two-day visit to...
FBR revenue shortfall surges to Rs184 billionÂ
ISLAMABAD:Â Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could...
Shell launches new performance fuel V-Power in Pakistan
KARACHI:Â In a ceremony held at the Pearl Continental Hotel, Karachi, Shell introduced its new Shell V-Power fuel with Dynaflex Technology in Pakistan.
The...
Planning commission, UNDP commit to streamlining data collection, reporting
ISLAMABAD: Minister for Planning, Development, and Reform (PD&R) Dr Shamshad Akhtar, formally launched the website and the Data Reporting Gaps Study, while...
APTMA laments duty on cotton imports, urges govt to help increase exports
KARACHI: The All Pakistan Textile Mills Association (APTMA) Senior Vice Chairman, Zahid Mazhar, while commenting on the issuance of SRO 847(I)/2018 dated...
Analysts blame political uncertainty, investigation against bank heads for market crash
The KSE-100 index was down by 995.66 points on Monday, July 9 as uncertainty prevailed in the market as heads of three banks face investigation in the Supreme Court (SC) coupled with the general political unrest post-SC’s Friday's verdict sentencing the former prime minister Nawaz Sharif.
China’s Li visits Berlin with trade warning for Trump: ambassador
The trade conflict between Europe, China and the United States is high on the agenda for the consultations between Li and Chancellor Angela Merkel in Berlin on Monday.
Careem planning to spend $150 million to launch food delivery business
CareemFood will be launched in Pakistan as soon as September and then in the United Arab Emirates, Saudi Arabia, other Gulf countries, and Egypt
Thorough plan underway to take Pakistan out of FATF grey list
ISLAMABAD: The government of Pakistan has prepared a comprehensive plan to exclude the country from the grey list of the Financial Action Task...