FBR retrieves Rs970 million in pending tax amount from PIA
Tax officials shared PIA was a tax defaulter of Rs2.5 billion for two months under the category of federal excise duty (FED) collected from passengers on air tickets
Inflation set to trigger June onwards, experts believe
LAHORE:Â Three major trigger points are likely to push the June Consumer Price Index (CPI) that is expected to pick up the pace...
Finance ministry reviews matters related to FATF meetings
ISLAMABAD: The Finance Minister, Dr Shamshad Akhtar, in the wake of Financial Action Task Force (FATF) Plenary meeting in Paris, here on Friday chaired a meeting...
Pakistan to start receiving information on offshore accounts in SeptemberÂ
ISLAMABAD:Â Pakistan is poised to receive information about offshore financial accounts in September 2018. This was stated by the spokesperson and member policy...
PSX arranges briefing on tax amnesty
KARACHI: The Pakistan Stock Exchange (PSX) Limited Friday arranged a briefing on tax amnesty for its TRE certificate holders and market participants.
The panellists on...
Chinese electric car manufacturers eye Pakistani market
KARACHI: The auto industry is transforming at unparalleled speeds and is converting technology from fossil-fuel based vehicles to electric motor engines to...
Market Daily: KSE 100 sheds 5 per cent WoW
KSE 100 index closed down 721.23 points (-1.70 per cent) at 41,637.38 on the last trading day of the week
PM seeks answers over Sost border trade dispute
ISLAMABAD: With serious reservations being shown from various quarters including the Chinese over the suspension of bilateral trade through the Sost border, the...
Cellular service subscribers surge to 150.3mn
The Pakistan Telecom Authority (PTA) announced on Thursday said that the number of cellular service subscribers across Pakistan have crossed 150 million.
PTA...
Market Daily: Negative rating leaves PSX bleeding Â
LAHORE: The Pakistan Stock Exchange (PSX) continued to bleed red again on Thursday. Bearish sentiments continued its dominance over the market as...
Shaheen Air in trouble as FBR initiates legal action over unpaid duties
KARACHI: The Federal Bureau of Revenue (FBR) has decided to initiate legal action against Shaheen Air over alleged non-payment of federal excise...
Leather goods exports up by 7.99pc
ISLAMABAD: The export of leather goods from Pakistan increased by 7.99 per cent during first 11 months of the fiscal year 2017-18...
Increasingly difficult to keep undeclared assets, says FBR chairman
KARACHI: The Federal Board of Revenue’s (FBR’s) Chairman, Tariq Mahmood Pasha on Thursday said the tax amnesty scheme is for the business...
Minister hails role of business community in national economic developmentÂ
LAHORE: Punjab Caretaker Minister for Labour and Livestock, Mian Nouman Kabir has lauded the pivotal role business community plays in the economic...
NEPRA imposes fine of Rs5m on Genco-III for power breakdowns
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs5,000,000 on M/s Northern Power Generation Company Limited GENCO-III,...