Tax amnesty scheme to help expand tax net: Haroon

LAHORE: Assistant to Prime Minister on Revenue Haroon Akhter Khan said on Friday that the Tax Amnesty Scheme is a big breakthrough and...

SHC sends betel nut for lab test, next hearing on April 10

KARACHI: An appellate bench of Sindh High Court (SHC) directed to send a well-known betel nut product for a laboratory test seeking...

White House considering stiffer rules for imported cars

WASHINGTON: The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect US carmakers,...

Pakistan’s strengthening financial market attracts Chinese fintech giant

ISLAMABAD: As Pakistani market is attracting the attention of the Chinese entrepreneurs, a popular Chinese Fintech company, Webull, is all set to...

Inflation jumps 0.4pc in a week

LAHORE: Increase in prices of non-perishable products has taken inflation for the combined income group up by 0.4 per cent for the week...

US-China trade squabble could impact growth and hurt consumers

WASHINGTON: Higher prices. Slower growth. Farmers losing access to their biggest foreign market. Even President Donald Trump is warning that Americans might have...

PTBA asks govt to establish data mining company

KARACHI: Pakistan Tax Bar Association (PTBA) on Friday called the government to establish a data mining company for maintenance of a centralized...

Govt faces challenges in presenting budget due to dearth of LSM data

ISLAMABAD: The government could face difficulties in presenting an authentic budget due to dearth of Large-scale Manufacturing (LSM) data for the financial...

Shanghai Electric directed to submit pledge on electricity supply

ISLAMABAD: Shanghai Electric which acquired a majority 66.4 percent stake in K-Electric has been directed by the government to provide a pledge...

Privatisation Commission to re-hire financial advisors for PIA privatization

ISLAMABAD: To go ahead with privatisation of Pakistan International Airlines, the Privatisation Commission has solicited a new expression of interest (EOI) from...

Govt urged to reduce inconsistencies between taxes on input, output in fertilizer industry

ISLAMABAD: The government has been urged to decrease taxes on utilization of gas as feedstock to end inconsistency between taxes on input...

Approval was not sought for tax amnesty scheme: FATF

ISLAMABAD: Financial Action Task Force (FATF) in a letter addressed to the government has expressed worries over the recently introduced tax amnesty...

PSO owed Rs28 billion in dues for LNG supply to SNGPL

LAHORE: Pakistan State Oil (PSO) is owed Rs28 billion in payments for LNG supply by Sui Northern Gas Pipelines (SNGPL), igniting worries...

Cryptocurrencies banned in Pakistan

KARACHI: In a new development, the State Bank of Pakistan (SBP) has banned cryptocurrencies in the country. The booming industry that has had...

Miftah chairs monetary and fiscal policy coordination meeting

ISLAMABAD: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...