FBR urged to abolish 3pc further tax on sales to unregistered persons

ISLAMABAD: The Federal of Pakistan Chamber of Commerce and Industry (FPCCI), in its budgetary proposals for the next fiscal year (FY21), has...
Dr Abdul Hafeez

Hafeez assures full support to projects of maritime affairs ministry 

Minister for Maritime Affairs Syed Ali Haider Zaidi called on the Adviser to the Prime Minister on Finance and Revenue Dr Abdul...

Physical work on Diamer-Bhasha Dam ready for commencement, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Monday that as per his directions, all issues related to the critically important Diamer-Bhasha...

Rozgar Scheme: SBP enhances financing limit to protect workers’ wages

KARACHI: The State Bank of Pakistan (SBP) has increased the financing limits for its temporary scheme, under which businesses can get loans...

Pakistan gets $1.8bn loan rescheduled from friendly countries

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Monday that $1.8 billion worth of loans...

PM meets economic team to discuss current financial situation

ISLAMABAD: Prime Minister Imran Khan held a meeting with his economic team and discussed matters pertaining to the current financial situation in...

International Industries Limited resumes plant operations for exports

International Industries Limited has announced that it has resumed its operations in all its factories across the country for exports, informed the...

Ferozsons partners with Gilead to manufacture Covid-19 drug remdesivir 

The Ferozsons Laboratories Limited has announced that its subsidiary Biosciences Limited (BFBL) is in negotiations to enter into a non-exclusive license agreement...
Oil imports

Govt considering buying oil in advance to benefit from global prices

ISLAMABAD: The federal government is considering taking benefit of the decline in global oil prices by purchasing the oil in advance and...

ECC, cabinet decisions led to hike in sugar prices: Abbasi

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi on Saturday said that the decisions taken by the Economic Coordination Committee (ECC) and federal cabinet...

‘NCC-approved business activities to begin from Monday’

Sindh info minister says decision may be reversed in light of developing situation

Refineries seek bailout package as coronavirus disrupts demand

ISLAMABAD: Oil refineries have asked the government to announce a bailout package for them since the country's oil and gas sector was...

Railways reduces cargo fares for commodities by 10pc

LAHORE: Pakistan Railways (PR) has decided to reduce the fare for transporting coal, fertiliser, electricity, cement and other commodities by 10pc, said...

Karachi traders seek clarity over lockdown situation

KARACHI: All Pakistan Organization of Small Traders and Cottage Industries (APSTCI)-Karachi President Mahmood Hamid has said that Sindh Chief Minister Syed Murad...

Fiscal deficit to surge, tax revenue to miss target this year: Hafeez Shaikh

‘Revenue has taken a hit. Exports have taken a hit. Remittances have taken a hit, and, above all, our people are suffering’