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...

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

SECP announces regulations for selection of independent directors

ISLAMABAD: The Securi­ties and Exchange Comm­ission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies. The Companies...

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...