SBP sets Zakat nisab at Rs46,329 for 2020

KARACHI: The government on Monday set the ‘nisab for Zakat’ at Rs46,329 for the current year, a statement from the State Bank of...

Omar Ayub asks IPPs to lower power tariff

ISLAMABAD: Energy Minister Omar Ayub Khan on Monday held a meeting with the independent power producers (IPPs) to discuss lowering of tariff...

SBP directs banks to deduct zakat on amount up to Rs46,329

ISLAMABAD: The State Bank of Pakistan (SBP) on Monday directed all banks to deduct zakat from saving as well as profit and...

PSDP: Govt yet to release funds for 180 development projects

The federal government has not yet released funds for more than 180 development projects during the current financial year, causing a delay...

Govt allows import of wheat, sugar, fertiliser at Gwadar Port

ISLAMABAD: The federal government has allowed the import of wheat, sugar and fertilisers at the Gwadar Port and onward transit to Afghanistan...

Experts hail govt’s concessional package for construction industry

ISLAMABAD: Prominent economists, businessmen and associations have hailed the government for providing tax relaxations to builders and developers amid the prevalent crisis...

Over Rs53bn disbursed among deserving families: Sania Nishtar

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Social Protection and Poverty Alleviation Dr Sania Nishtar said on Saturday a sum of Rs53.336...

Telecom operators using ‘illegal’ BTS towers in Islamabad, probe reveals

ISLAMABAD: Telecom operators are providing services through 'illegal/unregistered' Base Transceiver System (BTS) towers in the federal capital, an inquiry report has revealed. According to...

US to provide over $8m for combating coronavirus in Pakistan

The United States has announced to provide over eight million dollars to Pakistan in combating the coronavirus pandemic. In a video message released...
Prime Minister

Imran seeks spy agencies’ help to curb smuggling

ISLAMABAD: Prime Minister Imran Khan on Friday issued directives for identifying elements involved in profiteering, smuggling, and hoarding of goods so they...

Pressure mounts on Imran ahead of sugar, wheat reports

ISLAMABAD: Multiple pressures are building over Prime Minister Imran Khan as the forensic audit report of the Federal Investigation Agency (FIA) probe report...

Subsidy on essential goods will continue even after Ramzan, says minister

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Friday said that subsidies on essential items will continue even after the month...

Govt launches fixed-tax scheme to woo builders, land developers

–Advance tax on auction of properties reduced to 5pc; sales tax on construction services in ICT brought to zero –Incentive package to apply on...

IHC seeks govt policy on power tariff for factories

ISLAMABAD: Islamabad High Court (IHC) Friday sought answer from the federal government in a petition of a local cement factory seeking relaxation...
Donald Trump

US virus job losses hit 22 million as Trump eyes restart

Washington: Job losses from the coronavirus pandemic in the United States reached 22 million on Thursday, government data said, as President Donald...