No rift with UK tax authorities, FBR clarifies
The Federal Board of Revenue (FBR) has rejected a media report claiming that there was a "rift" between Pak-UK tax authorities.
In a...
Moot says budget must put people first
ISLAMABAD: Pakistan had 60 million people unemployed even before the pandemic, while the current crisis has added an estimated 20 million more,...
CCP identifies challenges to competition in LPG sector
Commission recommends govt to introduce policy reforms, remove regulatory barriers, and put in place competitive LPG pricing framework to create level playing field in the sector
CDWP approves seven projects worth Rs24bn
ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved seven projects worth Rs24 billion and recommended one project worth Rs11.35 billion...
Govt’s measures helped contain Covid-19 damage to economy, says SBP governor
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Wednesday said that the coronavirus outbreak had delayed but not derailed...
ECC approves firing all Pakistan Steel Mill employees
–Finance ministry to release Rs20bn compensation package for 9,350 employeesÂ
–ECC forms body to hedge oil prices, asks Finance Division to release Rs23bn...
Cement sales plunge 37.6pc in May
ISLAMABAD: The impact of construction package announced by the government is yet to be seen, as domestic cement uptake declined by a...
KP millers threaten protest if ban on wheat supply not lifted
PESHAWAR: Flour millers of Khyber Pakhtunkhwa on Wednesday threatened to start a protest along with their workers across the province from next...
Anti-tobacco activists demand Rs20 increase in FED on cigarettes
ISLAMABAD: Anti-tobacco activists on Wednesday demanded the government to increase federal excise duty (FED) on cigarettes by at least Rs20 in the...
Razak Dawood urges exporters to exploit global market for PPE
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has urged the local exporters to supply Personal Protective Equipment...
Six OMCs issued show cause notices for not maintaining fuel stocks
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday issued show cause notices to six oil marketing companies (OMCs) for not...
Cabinet approves policy for local manufacturing of mobile phones
ISLAMABAD: Following approval from the Economic Coordination Committee (ECC), the federal cabinet on Tuesday gave a go-ahead to the first-ever Mobile Device...
Visit your bank before 1:30pm; timings in June similar to Ramzan
Office hours for all banks across Pakistan are till 4:30pm, business hours for public dealings are till 1:30pm for some banks
‘Hedging of oil price’ among 11 items on ECC’s agenda
ISLAMABAD: The Economic Coordination Committee (ECC), in its upcoming meeting, would take up an issue pertaining to the "hedging prices" for imported...
Cabinet approves export of PPE, hand sanitisers
Exports rise by 34pc in May; current account deficit contracts from $11.4bn in FY19 to $3.3bn