Refutations mar Reko Diq investigation by PAC
ISLAMABAD: Public Accounts Committee (PAC) in-camera briefing held into regarding fraud in Reko Diq revealed refutations by several stakeholders, as it become...
WAPDA’s debt surged 331pc by end of December 2016: SBP
KARACHI: A recently released report by State Bank of Pakistan revealed Water and Power Development Authority (WAPDA), debt surged by 331 percent,...
FBR squashes telecom company proposal to resolve tax dispute
ISLAMABAD: Telecom companies scheme to resolve tax disputes via Alternative Dispute Resolution Committees (ADRCs) has been outright rejected by Federal Board of...
Impediments to Pak-Afghan trade to be removed by FBR
ISLAMABAD: The Federal Board of Revenue’s, Director General Transit Trade has decided to extend bonded carrier service charges, contemplate deferral of demurrage...
Pakistan-Indonesia conclude review process for PTA
ISLAMABAD: Pakistan and Indonesia have finalised the review process for the bilateral preferential trade agreement that is likely to enhance local exports...
Plans to raise another $500-$1 billion bond cancelled at last moment
ISLAMABAD:Â The government plans to raise another $500-S1 billion from Eurobond was cancelled at the last moment during a meeting of the federal...
Oil hits one-month low after US inventory build
NEW YORK:Â Oil prices fell to a one-month low on Wednesday, after United States (US) data showed an unexpected build in refined products,...
ISGSL issues clarification regarding Mobin’s third appointment
LAHORE:Â In a statement issued by Inter State Gas Systems Limited (ISGSL), the company denied the contents of certain reports circulating in sections...
Chinese consortium to buy 25 per cent stake in Dhaka Stock Exchange
A Chinese consortium has proposed buying a 25 per cent stake in Dhaka Stock Exchange for BDT9.9 billion ($118.998 million), reported a...
PM Abbasi shares plans to broaden Pakistan’s tax base
NEW YORK:Â Pakistan plans to use its national identity database to build profiles of potential taxpayers in a renewed bid to broaden its...
Finance adviser chairs meeting to review progress of development projects
ISLAMABAD:Â Adviser to Prime Minister on Finance Dr Miftah Ismail, here on Wednesday chaired a meeting to review the progress of various projects...
Punjab finance minister discusses financial matters with Miftah Ismail
ISLAMABAD:Â Punjab Finance Minister Ayesha Ghaus Pasha had a meeting with Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Wednesday.
The...
Market Daily: Benchmark KSE-100 index gains 414.36 points
LAHORE: After bloodshed in the last session, investors at the Pakistan Stock Exchange (PSX) were hoping for a normal day. As global...
PSMA rejects controversial tax concessions to CSCECL
KARACHI:Â The SRO issued to benefit the import material of China State Construction Engineering Corporation Limited (CSCECL) has been criticised by a number...
FBR to submit reply today in PHC over tax reduction on cigarettes
ISLAMABAD:Â Federal Board of Revenue (FBR) is set to submit its reply today in Peshawar High Court (PHC) over an amendment in the...