PTEA Vice Chairman emphasizes to focus on exports
For the advocacy of exports, it is absolutely critical for a robust, flexible banking system to exist and boost economic growth. This...
Off-shore account details to be shared with FBR by Swiss and Panama authorities
Under an international treaty signed on tax evasion, the Federal Board of Revenue (FBR) will be provided with the bank account details...
Super-tax could be extended for another year
The Super-Tax enacted in 2015 to meet the expenditures of the Armed forces during the Operation Zarb-e-Azb is poised to be extended...
Post-Panama verdict: Market likely to breach 50,000 points mark again, analysts
After the much anticipated Panama Case verdict was announced on Thursday, the market jumped 1877 points to breach the 49,000 level which...
Govt considering tax amnesty to encourage businesses to declare offshore wealth
As per a Bloomberg article, Pakistan is considering tax amnesty in order to encourage Pakistanis to declare wealth held in the form...
Alibaba president impressed with IT growth in Pakistan
Pakistan has achieved economic stability over the last three years and is now amongst the fastest growing economies of the region, said...
Chinese keen to explore opportunities in manufacturing in Karachi, Lahore
Speaking at the Lahore Chamber of Commerce (LCCI), opportunities in the Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen...
Current account deficit increases to $6.13b as per SBP figures
In figures released by the State Bank of Pakistan (SBP) on Wednesday, it was revealed that the current account deficit for the...
Indecisiveness over Panama leaks adversely impacted development/business activities
Though the Supreme Court of Pakistan is all set to announce its long-awaited verdict in the Panamagate case on Thursday (today), the delayed announcement...
Budget Proposals 2017-18: PAMA seeks cut in duties on tractor industry
Pakistan Automotive Manufacturers Association (PAMA) has requested the government to abolish customs duty, additional customs duty, and reduce the rate of input...
Market witnesses highest ever points swing since IK’S Dharna called off on Nov 1, 2016, says Topline Securities
KSE-100 witnessed the most volatile session (hi/lo spread of 3.56pc) since Nov 1, 2016, with the index witnessing 1668 points intraday stock...
Sialkot should become an SEZ, suggests SCCI President
Sialkot Chamber of Commerce and Industry (SCCI) President Majid Raza Bhutta suggested on Tuesday that Sialkot Export Processing Zone (SEPZ) be granted...
BOG PIPS approves proposed budget for FY 2017-18
The Board of Governors of Pakistan Institute for Parliamentary Services (PIPS), on Tuesday, met under the leadership of its President, Speaker National...
Recovery of non-tax revenue reviewed by provincial finance minister
A meeting was conducted by Provincial Finance Minister Dr Ayesha Ghaus Pasha on Tuesday to analyse recoveries of non-tax revenue during March...
NA standing committee suggests 2pc cut in GST
The National Assembly Standing Committee on Finance while meeting on Tuesday advocated for reducing General Sales Tax (GST) from the current 17...