Is this the end of Abu Dhabi group in Pakistan? And who is to blame?

A banker, a lawyer, and a Sheikh walk into a bar. What follows is not a joke, but a tale of high-stakes...

FBR significantly changes the taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.  The changes...

The heir to Agha Hasan Abedi

How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

Govt employees to receive salary, pension raises of up to 35%

Govt proposes setting minimum wage at Rs32,000

FBR rejects revising tax rates for non-filers withdrawing cash over Rs 50,000

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday refuted reports regarding revising the tax rates for non-filers withdrawing cash worth over Rs...

Naya minister, meet purani ministry

The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself

Rupee tumbles down to 157 against the dollar, record interbank high

The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday

Pakistani start-up Atoms secures $8.1m financing

Atoms, a Pakistani e-commerce brand and one of the trailblazers in the world of footwear, has raised $8.1 million from a list...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Rupee regains Rs1.42 interbank, nabs dollar hike

The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid
Shazad Dada

Shazad Dada resigns as Standard Chartered CEO, likely to join UBL

KARACHI: Shazad Dada has stepped down as President and Chief Executive Officer (CEO) of the Standard Chartered Bank Pakistan (SCBPL), according to...

Descon CEO quits own company, becomes PM’s aide

LAHORE: Descon Engineering Limited's chairman, Abdul Razzaq Daud, today resigned from his own company to join the incoming government on the special...

Pakistanis lost millions of dollars in OneCoin scam

Pakistanis have been a victim to the world's biggest crypto-scam that jolted the digital scene this year. According to a private media outlet,...