ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
PM Abbasi chairs EAC meeting, seeks measures to boost economy
ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting.
In his opening remarks, the...
Three fertilizer factories shut due to non-availability of Sui-gas: committee
ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research was informed that three fertilizer factories were shut down due...
Ecuador keen on enhancing bilateral trade with Pakistan
ISLAMABAD: Ecuador on Thursday stressed the need for frequent exchange of trade delegations with Pakistan for exploring new areas of mutual cooperation,...
PM announces tax amnesty scheme to whiten black money
ISLAMABAD: As expected, the government finally announced a tax amnesty scheme to whiten black money, in a bid to meet the financial...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
Internet, mobile banking witness astounding growth during 2nd quarter FY 2017-18
ISLAMABAD: A remarkable growth of internet and mobile banking has been witnessed as banking services through advanced and convenient channels continue to grow.
Electronic banking transactions posted a double-digit...
Pakistan’s first beachfront housing project launched in Gwadar
KARACHI: With a surging demand for real estate in Gwadar because of the China-Pakistan Economic Corridor (CPEC), a local company, Eiwan, on Thursday launched...
NEPRA increases electricity prices by Rs2.04
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has made three electricity surcharges permanent, increasing the power prices by Rs2.04 per unit.
Earlier, the per...
Foreign reserves decline by $174mn
Karachi: Foreign reserves held by the State Bank of Pakistan (SBP) decreased by $174 million to $11,602 million during the week ended March 30,...
Market Daily: KSE 100 gains 457.21pts, settles at 46,560.82
LAHORE: Market volatility shot up on Wednesday amid mixed news flow and a weak technical close in the previous session. The day,...
TDAP to take part in home textile fair in Shanghai
KARACHI: Trade Development Authority of Pakistan (TDAP) will participate in a home textile fair to be held in Shanghai from August 30.
Intertextile Shanghai...
Philip Morris shifts entire capacity of its cigarette factory to smoke-free products
KARACHI: Philip Morris International (PMI) announced that the factory of its Greek affiliate Papastratos in Aspropyrgos, has ceased cigarette production and is...
US-China trade row puts pressure on German carmakers
FRANKFURT: German carmakers BMW and Daimler are under increasing pressure to diversify production of their sports utility vehicles (SUVs) outside of the...