FBR meets PSO leadership, discuss tax compliance and revenue generation

ISLAMABAD: As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...

Dollar trading at Rs116 in open, Rs115.5 in interbank markets

KARACHI: The US dollar stands at Rs116 in the open market and at Rs115.50 in the interbank market, Forex Association President Malik Bosan...

ICCI voices concerns over steep fall of rupee against dollar

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has voiced serious concerns over the sharp fall in the value of Pakistani...

Federal budget 2018-19 to be pro-poor, business friendly

ISLAMABAD: Special Assistant to Prime Minister on Revenues, Senator Haroon Akhtar Khan here on Tuesday said that budget 2018-19 would be pro-poor, business-friendly,...

Pakistan Bureau of Statistics admits collecting incomplete, partial data

ISLAMABAD: In a surprising revelation, officials of Pakistan Bureau of Statistics (PBS) admitted that the bureau was collecting incomplete or partial data...

Market Daily: Indices register gains as rupee tumbles

LAHORE: Stocks at Pakistan Stock Exchange (PSX) rebounded in the backdrop of 3 per cent Rupee depreciation against dollar here on Tuesday...

Current account deficit surges 50pc to $10.8bn: SBP

KARACHI: The current account deficit in the first eight months of 2017-18 amounted to $10.8 billion, up 50 per cent from a...

Tractor production grew by 50.23 pc in seven months of current FY

ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...

Brasil envoy for more trade with Pakistan

SIALKOT: Ambassador of Brasil in Pakistan Claudio Raja Gabaglia Lins has said that Brasil will soon establish the direly needed "Pak-Brazil Business Forum"...

Market Daily: KSE 100 settles at 43539.60 points, up 176.39

LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...

FPCCI requests FBR to restore audit immunity for commercial importers

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to restore audit...

Govt to sell $100mn Islamic bonds before term end: Miftah

KARACHI: Adviser to the Prime Minister on Finance Miftah Ismail said on Monday that the current government will sell Islamic bonds worth $100 million...

Car manufacturers suggest tax on resale of new cars to discourage illegal premium

ISLAMABAD: Despite various attempts by the government, car manufacturing companies have failed to end the menace of ‘on money’, an illegal selling fee...

FBR urged to withdraw discretionary powers of IR officials: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...

IMF’s concerns about the economy are correct, Miftah Ismail

ISLAMABAD: Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...