FBR rejects claims of reduced Income Tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has rejected claims of reduction in the number of Income Tax returns filed for the current...
State Minister stresses expediting LPG-Air Mix Plants in Balochistan
KARACHI: The Minister of State for Petroleum Division, Jam Kamal Khan has stressed the need to expedite work on LPG-Air Mix plants...
Adviser to PM on Finance holds meeting with SECP, PSX
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with the Securities and Exchange Commission of Pakistan (SECP) and...
Unabated increase in cement prices to wreak havoc on middle-class: Fayyaz Ilyas
KARACHI: Association of Builders and Developers (ABAD) Senior Vice Chairman Fayyaz Ilyas said that cement is the most important input in the...
Active taxpayers list 2017 reveals startling decline
ISLAMABAD: The Federal Board of Revenue released the Active Taxpayers List for tax year 2017 and revealed a steep decline of over...
Pakistan labour force exports to Saudi Arabia plunged 40 percent in 2017
ISLAMABAD: As Middle Eastern countries tighten the screws on human resource exports, Pakistan labour export to Saudi Arabia has plunged by 40...
Circular debt breaks all barriers, touches record Rs922 billion
ISLAMABAD: The nightmare of Pakistan’s energy circular debt continues its upward surge, as it broke all records to touch Rs922 billion by...
Pakistan won’t be placed on FATF’s blacklist, says: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail has said Pakistan’s listing on FATF’s grey list would not have any negative...
Stringent fines expected if coal power projects not completed on time
LAHORE: Any prolonged delays in coal-fired power projects being established in Sindh, would be penalized heavily said the government as it would...
Govt goes overdrive, expects to present budget by May 4th
ISLAMABAD: As elections are looming, the government has gone overdrive in preparation for its last budget which it expects to present on...
Yuan holds immense potential for settlement of cross-border trade deals: SCB
KARACHI: There is loads of potential for the utilization of yuan for settlement of cross-border trade deals between Pakistan and China, said...
SBP presents draft law to parliamentary panel for curbing money laundering
ISLAMABAD: To rein in money laundering, State Bank of Pakistan has suggested a legal amendment which would permit law-enforcing agencies to question...
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...
Multan-Sukkur Motorway awarded as per rules, no “irregularities”, NHA clarifies
ISLAMABAD: National Highway Authority (NHA), in response to certain media reports about alleged " irregularities" in the award of Multan-Sukkur Motorway, has...
Cement prices to go up by Rs50 per bag
LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....