Income tax exemptions for inward remittances be limited to Rs10m annually: SBP

ISLAMABAD: A presentation by State Bank of Pakistan to Senate Standing Committee on Finance suggested income tax exemption available for inward remittances...

PSM directed to complete audit of retired employees’ dues by June 2018

ISLAMABAD: The Pakistan Steel Mills board of directors has instructed the company’s management to escalate audit of dues of retired employees by...

China, Saudi last-minute betrayal gets Pakistan placed on FATF grey list

KARACHI: Last moment silence by Pakistan’s closest strategic partners China and Saudi Arabia during the second motion moved by the United States...

Islamabad “crown-jewel” of real estate investment, FBR investigation reveals

ISLAMABAD: The Federal Board of Revenue (FBR) has carried out a survey to ascertain the amount of money being invested in Islamabad’s...

Modern technology key to future of agriculture: PARC chairman

LAHORE: “Modern technology has a pivotal role in the future of agriculture sector in Pakistan. However, a lack of awareness and proper understanding...

Pakistan Auto Show to be held from March 2-4 in Lahore

LAHORE: The largest exhibition of automobiles in the country - The Pakistan Auto Show 2018 (PA18) is being held from March 2-4,...

Startup conference by Momentum attracts top talent

By Bilal Mumtaz KARACHI: Momentum held a two-day conference from February 19 to 20 at the Expo Centre in Karachi. The main sponsors of...

Rs10911.278mn released for petroleum sector in eight months under PSDP

ISLAMABAD:The government has released Rs10911.278 million for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP 2017-18) during...

Saudis ready to swing oil market into deficit

MOSCOW: Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash...

FATF not to affect rising economy, foreign investment: Miftah

  ISLAMABAD: The Advisor on Finance and Economic Affairs, Miftah Ismail has said that placing Pakistan on the terror financing watch-list by the...

ICCI urges government to promote youth entrepreneurship

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President Muhammad Naveed said that youth is the future of Pakistan and...

CPEC to bring economic revolution in future: Mushahid Hussain

ISLAMABAD: Chairman Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) Mushahid Hussain Syed has said CPEC would bring economic revolution in the country. Talking...

Workers decry govt’s plan of privatisation of PIA, Steel Mill

KARACHI: A representative gathering of the labour here on Saturday expressed serious concerns on the proposed plans to privatise Pakistan Steel Mill...

Pak-Afghan trade tumbles from $2.7bn to $1.2bn in 18 months

By HAMID KHAN WAZIR ISLAMABAD: Owing to the fast-deteriorating relations between Pakistan and Afghanistan, bilateral trade between the two countries has witnessed a...

Khawaja Asif meets Gazprom chairman, agree to enhance cooperation

ISLAMABAD: Foreign Minister Khawaja Muhammad Asif met Gazprom Chairman Alexey Miller in Saint Petersburg, on Thursday, during his official visit to the...