ICAP proposes increase in FBR value rates on immoveable properties
ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has proposed to gradually increase the Federal Board of Revenue (FBR) rates on...
Import of used cars contributing to Pakistan’s potential FATF listing
KARACHI: The payment for imported used cars is made through dubious 'hawala channel’, which has been cited as one of the reasons that...
Karachi to host 19th Textile Asia trade fair from March 27
KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Ecommerce Gateway Pakistan are jointly organising a three-day international textile, garments machinery...
WTO facilitation agreement to reduce trade costs in Asia-Pacific by 26pc
LAHORE: With the full implementation of the World Trade Organisation (WTO) Trade Facilitation Agreement, trade costs in Asia and the Pacific are projected...
Oil, food, transport imports grow 29pc in July-February
LAHORE: Pakistan’s oil, food and transport import bill amounted to $16.2 billion in the first eight months of the current fiscal year,...
Delay in work on Diamer-Bhasha Dam expected due to slow resettlement
LAHORE: Despite disbursement of Rs88 billion for $14 billion Diamer-Bhasha Dam, only 20 per cent resettlement has been completed by the government...
Dropbox shares close up 35pc in biggest tech debut since Snap
NEW YORK: Dropbox shares closed at $28.42, up more than 35 per cent in their first day of trading on Friday, as investors rushed to buy...
Power consumers likely to get relief of Rs2.19 per unit for Feb
ISLAMABAD: Power consumers in the country are likely to get a relief of Rs2.19 per unit in lieu of a fuel price adjustment...
Sri Lanka endorses CPEC, hopes for increased bilateral trade
KARACHI: Sri Lankan President Maithripala Sirisena has said that Sri Lanka is pleased over Pakistan’s economic progress and China-Pakistan Economic Corridor (CPEC)...
Govt in a fix over impending peak electricity season
LAHORE: Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by...
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
Promotion of SMEs top on SBP agenda: Tariq Bajwa
SIALKOT: State Bank of Pakistan (SBP) Governor Tariq Bajwa has said that adequate efforts were being made for the promotion of SME sector in...
TIP receives a complaint against CAA regarding deposits in JS Bank
KARACHI: Transparency International Pakistan (TIP) has received a complaint against the Civil Aviation Authority (CAA) who has deposited a huge amount of...
SBP denies rumours about Rs10,000 banknotes
KARACHI: The State Bank of Pakistan (SBP) denied on Friday the news reports about the issuance of Rs10,000 banknote.
“The existing banknote denominations...
China retaliates, unveils tariffs of up to $3 billion on U.S imports
BEIJING: China urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on...