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...
SBP says government to raise Rs3,650b via treasury bills
State Bank of Pakistan reported on Thursday that the government will be raising Rs3,650b via the auction of treasury bills and Pakistan...
Foreign Direct investment reaches $1.733b during FY 2016-17
According to figures released by the State Bank of Pakistan (SBP), it has been revealed that foreign investors repatriated $1.5b on account...
Punjab government set to unveil budget for FY 2017-18 today
The Punjab government will unveil the annual budget for Financial year 2017-18 at the Punjab Assembly today. The Finance Minister Dr Aisha...
Government taking steps to reduce debt burden
The government is taking steps to reduce the debt burden of the country, place the debt to GDP ratio on a firm...
Pakistan uses $1b loan from China to pay off eurobond debt
Pakistan’s indebtedness towards the Chinese sees no diminishing as the country again borrowed $1b to pay back for a Eurobond debt of...
Pakistan’s emerging market status first step toward becoming Asian Tiger: Report
Pakistan’s re-entry into the emerging market block, achieved with an amazing speed due to China Pakistan Economic Corridor (CPEC), driven optimism, is...
Imports under CPEC not major cause of trade deficit: analysts
ISLAMABAD: Though the government considers the import of machinery and equipment under the China Pakistan Economic Corridor (CPEC) as a major reason...