CGT collection plunges 52 percent in July-May FY18
CGT amounted to Rs6.2 billion during July-May FY18 against Rs12.76 billion in the corresponding period of last financial year
Pakistan’s ratings drop to B3 negative, MoF attempts to soften the blow
Moody's changes outlook on Pakistan's rating to negative from stable; B3 rating affirmed
Noor Financial divests another 3.4 pc in Meezan Bank Limited
LAHORE: According to a notice filed on the exchange, Meezan Bank Limited today announced that Noor Financial Investment has divested another 3.4...
FBR chairman says amnesty scheme last chance to legalise undeclared assets
ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha, visited the Islamabad Chamber of Commerce and Industry (ICCI) and urged upon...
Askari Bank Limited appoints new President, Chief ExecutiveÂ
LAHORE: The Board of Directors of Askari Bank Limited has appointed Abid Sattar as
President and Chief Executive of Askari Bank, subject to...
Country’s oil import bill surges by 30.43pc to $12.928bn
KARACHI: Pakistan’s oil import bill rose nearly 30.43 per cent year-on-year to $12.928 billion in July-May 2017-18 owing to an increase in...
SECP notifies FATF compliant AML, CFT regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The...
Market Daily: Indices crumble along with rupee, shed 680.01 points
The KSE 100 dropped to an intraday low of 42,954.89 after a loss of 727.95 points before it settled down at 680.01 points at 43,002.83.
Current account deficit clocks up at $15.9b
KARACHI: The current account deficit in the first 11 months of 2017-18 has amounted to $15.9 billion, up 43.2 per cent from the previous year.
According...
Foreign investment takes a dip, down 26.2 per cent
According to data released by the State Bank of Pakistan (SBP) on Wednesday, the country attracted FDI of $237.9 million in May, down 26.2 per cent from $322.7 million in the same month of the preceding year.
Pakistan-Tajikistan to enhance trade to $500m
DUSHANBE:Â Pakistan and Tajikistan on Tuesday agreed to further strengthen their relations by taking measures in order to raise annual bilateral trade to...
Pakistan aiming to sign cheaper fresh LNG import deals
With LNG replacing furnace oil in power plants, Pakistan is anticipating savings of around $2 billion annually through more efficient power generation...
Finance minister, FBR discuss tax amnesty scheme, revenue generation
The minister urged the FBR to come up with measures to simplify returns filing, automated processes to enhance revenue generation.
China-Pak Golf Estates, Gwadar wins best real estate development award
ISLAMABAD:Â CPIC has been awarded their second accolade for China-Pak Golf Estates (CPGE), where Ryan He received the award for 'Best Development in...
Import of mobile phones rises by 18.56pcÂ
ISLAMABAD: The import of mobile phones in the country during first 10 months of the fiscal year 2017-18 increased by 18.56 per...