Hafeez Shaikh stresses int’l cooperation in fight against coronavirus

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Monday that international community's support was imperative...

Meezan Bank plans capital-boosting sukuk

SYDNEY: Meezan Bank, Pakistan’s largest sharia-compliant lender, aims to raise up to Rs7 billion ($63.34 million) through capital-boosting Islamic bonds, or sukuk, according...

FBR collects Rs 63bn of surplus taxes in the first quarter of FY24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 2.04 trillion during the first quarter of the current financial year against...

KP faces budget shortfall of Rs517b

Federal govt fails to make timely payments, leading to incomplete disbursement of funds

Pakistan, South Korea agree to enhance trade ties

Pakistan and South Korea have agreed to enhance bilateral relations through enhanced cooperation in trade and investment sectors, a private media house...

Efforts to modernise corporate sector underway: Asad Umar

FM says India has been lobbying against Pakistan in FATF ISLAMABAD: Finance Minister Asad Umar said on Monday that efforts were being made...

Punjab Budget FY 2017-18: Confusion persists over sales tax on internet services

In the budget unveiled for Financial Year 2017-18 by the Punjab government, it has been decided that 19.5pc sale tax would be...

Three provinces reject to provide subsidies for prioritized SEZs

Provinces originally gave consent to provide a subsidy for the special incentive package but some now had refused to provide it.

PML-N led govt failed to stabilise economy, says FPCCI

Former govt borrowed $44 billion yet it had no positive impact on the economy and now the country at the brink of bankruptcy 

Govt sets ambitious target of Rs72b from 4G license sales in FY24

The government has outlined plans to collect a substantial amount of over Rs. 72 billion through the sale of 4G licenses, as...

Turkmenistan set to secure funding for TAPI gas pipeline

The Central Asian nation is building the Tapi pipeline to diversify its gas exports, which have mostly gone to China

PM’s aide vows representation of business community in policymaking

ISLAMABAD: A delegation of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) called on Adviser to Prime Minister on Commerce Abdul...

Business community confident ahead of Saudi crown prince’s visit

Businessmen laud the leadership of PM Imran Khan and his commitment towards ensuring transparency in Pakistan KARACHI: The Businessmen Panel (BMP) of the Federation...

Govt allows ‘duty exemptions’ on imports by rulers of Qatar, UAE, and Bahrain

Ostensibly to solidify a personal relationship with the ruling elite of Qatar, Pakistan Muslim League-Nawaz (PML-N) government has granted duty exemption to...

SBP reserves decrease by 7pc, stand at 7.5bn

KARACHI: The State Bank of Pakistan (SBP) on Thursday stated that the total liquid foreign reserves held by the country stood at $13.9...