U.S. jobless claims fall; continuing claims at 28-1/2-year low
New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans receiving unemployment aid hit a 28-1/2-year low,...
Pakistan’s economy registers 5.3pc growth in FY 2016-17
According to provisional figures released by the National Accounts Committee, Pakistan’s economy grew at 5.3pc in the current financial year. This is...
Govt considering inputs from stakeholders for upcoming budget: Dar
ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar Wednesday said the government was making its budget preparations based on extensive consultations and inputs...
Transporters call off strike after 10 days
Karachi: The transporters strike which had been ongoing for the last 10 days was finally called off on Wednesday. According to sources,...
Well-being of general public top priority in upcoming budget: Dar
Finance Minister Senator Mohammad Ishaq Dar said on Wednesday that in line with the tradition of the last three years, the government...
APCNG may start importing LNG in 3 months
ISLAMABAD: All Pakistan Compressed Natural Gas Association (APCNGA) will start importing Liquefied Natural Gas (LNG) in three months after getting final nod...
Punjab govt suggests abolition of luxury tax on imported cars
The Excise Taxation and Narcotics Control Department (ET&NCD) Punjab is suggesting the abolition of ‘luxury tax’ on imported vehicles. The proposal has...
Govt to reconsider taxation on IT, telecom sectors
The government has decided to review the taxation on IT and telecom sector for the next financial year in an attempt to...
APCC meeting: Govt to present Rs 2113 bn development budget for 2017-18
The federal government is going to present Rs 2113 billion worth development budget for the next financial year which includes Rs 1001...
Agriculture, services sector push GDP growth beyond 5.2 pc after a decade
Even though the government missed the GDP growth target of 5.7 per cent for the current financial year, but strong growth in...
Country’s current account deficit widens to (negative) $7.247bn
The current account deficit of the country widened almost three-folds to $7.247 billion in July-April 2016-17 if we compare it with the same...
Pre-budget seminar: Zero -rating regime to continue in near future
While over Rs 100 billion sales tax refunds are yet to be paid to exporters, the government has announced that at least...
Exchange traded funds to follow introduction of cash settled futures, single stock options: MD PSX
While speaking to Bloomberg on Tuesday, Managing Director, Pakistan Stock Exchange (PSX) informed about the changes post-buyout of 40pc stake by Chinese...
Govt withdraws some incentives from textile package
ISLAMABAD: Â The government has partially withdrawn some of the incentives provided under the textile package, some four months ago to order to...
Companies Act 2017 to replace Companies Ordinance 1984
ISLAMABAD: The upper house of the parliament, on Sunday, made necessary amendments to the Companies Act 2017 and passed it with consensus....