Justice Isa’s wife given Rs35m penalty by FBR

Sarina Isa, the wife of Justice Qazi Faez Isa, has been handed a Rs35 million penalty by the Federal Board of Revenue...

Reko Diq stay order a big relief for Pakistan: Asim Bajwa

ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (r) Asim Saleem Bajwa has said that the Reko Diq stay order by...

PM Imran paid Rs282,449 in taxes, reveals FBR 2018 directory

Shahid Khaqan Abbasi remained highest taxpayer with Rs241.3m, while Shehbaz Sharif and Asif Ali Zardari paid Rs9.73m and Rs2.89m in taxes, respectively
Pakistan-Turkey

Turkey offers to launch tram service in Karachi

KARACHI: Turkey has offered to launch tram service in the port city on Thursday. Turkish Consul General Tolga Ucak called on Administrator Iftikhar...

FATF October review to go well for Pakistan: Yao Jing

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh and Chinese Ambassador Yao Jing discussed matters related to Financial...

Major loss-making SOEs to undergo forensic audit

ISLAMABAD: Cabinet Committee on State-Owned Enterprises(CCoSOEs) has directed the finance division to consult the relevant ministries/division to select major loss-making SOEs under...

PM’s task force mulls ways to promote gems, jewellery sector

ISLAMABAD: The prime minister’s task force on gems & jewellery held its first meeting under the chairmanship of Engineer Gul Asghar Khan...

Shibli Faraz inaugrates Export Display Centre at ICCI, pledges support to business community

ISLAMABAD: Information and Broadcasting Minister Syed Shibli Faraz has said that the business community is the lifeline of the economy and promotion of...

KP govt to amend Sugar Factories Control Act 1950

PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Wednesday decided to bring amendments to the Sugar Factories Control Act 1950. Sources aware of the development...

‘Rs25bn allocated for women under Kamyab Jawan Programme’

ISLAMABAD: Urging the young females to get benefit from the Kamyab Jawan Programme, Special Assistant to Prime Minister on Youth Affairs Usman...

FBR arm files 19 references against ‘owners’ of undeclared vehicles

ISLAMABAD: The Federal Board of Revenue (FBR)-Karachi has filed 19 references against people using undeclared (benami) cars. Sources said the Directorate of Anti-Benami Initiative...

CDWP approves four projects worth Rs12.25bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved four projects worth Rs12.25 billion and recommended two projects worth Rs33.48 billion...

Cabinet ratifies draft law on SOE reforms

'One of the benchmarks under the IMF programme was to frame a law that could help introduce reforms in state entities' 

Pakistan Railways incurs Rs187bn loss in five years

LAHORE: Pakistan Railways disclosed a loss of Rs187 billion to the national exchequer over the past five years to the senate. The senate...

SBP to announce monetary policy on 21st 

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on September 21 to announce the country's policy rate...