Afghanistan looks to reduce dependence on Pakistan via Chabahar Port

LAHORE: In a bid to reduce its dependence on Pakistan, Afghanistan has shifted 80 per cent of its cargo traffic from Pakistan’s Karachi...

UAE, Swiss authorities requested to share data of Pakistani’s offshore assets

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal while briefing reporter after meeting of Standing Committee on Law and Justice on...

CDWP approves 24 projects worth Rs284.8bn

ISLAMABAD: Central Development Working Party (CDWP) approved 24 projects worth Rs184.8 billion out of which 10 projects worth Rs169.6 billion were referred to...

Planning Commission to establish Population Resource Centre

The centre will ensure timely availability of demographic statistics, besides improving reliability of population-related database ISLAMABAD: There is a growing recognition...

Provinces directed to check hoarding, black marketing of essential commodities

ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh, while chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday,...

Revenue collection under sales tax & FED plateaued in July-Sep FY19

During the first quarter of FY19, FED collection plunged by 30 percent to Rs2.069 billion against Rs2.94 billion in the corresponding period of FY18

Govt appreciates budget proposals from tax bar bodies: Haroon Akhtar

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the government values the contribution of tax bar associations...

KSE-100 lands in red amid volatility

KARACHI: Amidst range-bound and thin trading activity, the KSE-100 Index closed a volatile session on Tuesday in the red. Foreign investors ceased buying...

Fiscal deficit widens to 2.2pc in first six months

ISLAMABAD: The debt-ridden government of Pakistan spent Rs 796.3 billion, which is 2.2 per cent of the nation’s GDP, more than it...

PM orders dissolution of market committees in Punjab, KP

ISLAMABAD: Prime Minister Imran Khan on Tuesday decided to immediately dissolve existing market committees in Punjab and Khyber Pakhtunkhwa, besides issuing directions for...

Govt to introduce fixed tax regime for small traders: minister

'CNIC condition will be mandatory for business-to-business transactions and the govt will not reverse this decision at any cost' ISLAMABAD: There was a...

OGRA advises OMCs to develop retail outlets in vicinity of supply point, depot

ISLAMABAD: Almost failed to make the licensed oil marketing companies (OMCs) comply with the clause stipulating construction of oil storages over past...

Pakistan optimistic about rollover of $1bn UAE loan

ISLAMABAD: The federal government is optimistic about the rollover of $1 billion UAE loan for another year. Senior officials of the finance ministry...

Weekly inflation dips 0.08pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on Aug 22) decreased by 0.08pc for the combined income group, as compared to...

Pakistan considering investment in Azerbaijan’s technology parks, says Ambassador Alizade

  In an interview with Azerbaijani news agency, Azerbaijan’s Ambassador to Pakistan Ali Alizade said that Pakistani businessmen are considering to invest in...