PSX recovers after last week’s hiccup
KARACHI
After performing poorly for the past week, the Pakistan Stock Exchange turned green on the first day of the trading week. The...
Budget 17-18: More focus on CPEC than water, education, health sectors combined
ISLAMABAD: Though Finance Minister Ishaq Dar claimed that well-being of common people and resolution of their issues would be top priority of...
Local automobile manufacturers prevail as govt disregards Auto Policy 2016 in budget
ISLAMABAD: The government has deferred implementation of a 10 pc reduction in customs duty on the import of cars contrary to the...
Committee finalizes its recommendations for PSDP Budget 2017-18
The Senate Standing Committee on Planning, Development and Reforms in its meeting on Saturday has finalized its recommendations for PSDP Budget 2017-18...
Tobacco tax SRO issued by FBR
A statutory regulatory order (SRO) was enacted for the price reduction of cigarettes by the Federal Board of Revenue (FBR) on Friday....
Oil sales record 12pc increase annually
Oil sales have increased 12pc on an annual basis to reach 23.8m tons. Since the last three years, oil sales had averaged...
FBR instructed to enact additional taxes on non-filers
The Senate Standing Committee on Finance has directed the Federal Board of Revenue (FBR) to further enhance taxes on the non-filers to...
FBR investigating gift scheme use for money laundering
The Federal Board of Revenue’s (FBR) Anti-Money Laundering (AML) cell has started probing into money laundering worth Rs102b by a group of...
Mango exporters are disappointed with airlines for high cargo charges
KARACHI
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Regional Chairman on the Horticulture Exports Committee Ahmad Jawad has said...
Balochistan wants Chinese companies to enter its large-scale mining industry
Pakistan's resource-rich Baluchistan province wants Chinese companies to kick-start a boom in its mining industry by including the sector into Beijing's "Belt...
Punjab Budget FY 2017-18: Confusion persists over sales tax on internet services
In the budget unveiled for Financial Year 2017-18 by the Punjab government, it has been decided that 19.5pc sale tax would be...
Punjab government unveils Rs1970.7b budget for FY 2017-18
Punjab Finance Minister Dr Ayesha Ghous Pasha on Friday presented Rs 1970.70 billion budget proposals, the largest in the history of the...
Dar urges FBR to meet tax collection target for current fiscal year
ISLAMABAD
Finance Minister Mohammad Ishaq Dar on Friday urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the...
Budget of 2017-18 has nothing to offer for investors: analysts
ISLAMABAD
Despite tall claims of providing favorable environment for investors, the budget of FY 2017-18 has nothing to offer for both local and...
CPEC projects lead boom for Pakistani cement manufacturers: Bloomberg
A Bloomberg report has claimed that the China-Pakistan Economic Corridor has led to a major resurgence and boom for the Pakistani cement...