PM orders ’emergency’ measures to address energy, petroleum woes

ISLAMABAD: Prime Minister Imran Khan on Thursday ordered to devise an emergency programme to address the energy and petroleum sectors' challenges and to...

Sindh govt pledges to enhance cotton production

APTMA says willing to pay cotton cess per bale, provided the funds are utilised only for research purposes

PM approves establishment of five economic zones in Punjab

Prime Minister Imran Khan has approved the establishment of five economic zones in Punjab. Out of the proposed special economic zones, four...

Dawood for utilising Brazilian expertise in ethanol production

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Thursday highlighted the importance of enhancing Pakistan-Brazil bilateral cooperation to exploit...

100 KP doctors issued notices for having ‘assets beyond means’

The Federal Board of Revenue (FBR) has served notices to around 100 doctors from Khyber Pakhtunkhwa (KP) for having assets more than...

POL tests hydrocarbons from its well in Punjab

KARACHI: The Pakistan Oilfields Limited (POL), Operator of Pindori D&P Lease has tested hydrocarbons from its Development Well Pindori-10, located in district...

Rs88bn income tax stuck as taxpayers move courts against FBR

ISLAMABAD: The Federal Board of Revenue (FBR) could not collect Rs87.42 billion income tax from taxpayers about as they moved various forums...

Rs250b premium prize bonds surrendered till January 2020

KARACHI: Investors surrendered about Rs250 billion worth of ownerless prize bonds of  Rs40,000 denomination following the government decision to freeze sales of...

Foreign divestment in T-bills reaches $174m

KARACHI: Total gross divestment during March 2020 has reached $174.41 million, according to data released by the State Bank of Pakistan (SBP). Foreign...
Cabinet

Cabinet-approved perks for lawmakers will cost Rs300m

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government ostensibly will ensure privileges for the members of parliament has approved certain amendments to Section 10 of...

SBP sells Rs109.6bn worth of PIBs

KARACHI: The State Bank of Pakistan (SBP) has raised Rs109.6 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement...

Govt approves long-term lease of PIA’s Roosevelt Hotel

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has approved to give on long-term lease Pakistan International Airline's Roosevelt Hotel in New York. In a meeting...

ECC approves measures to boost remittances through banking channels

--Remittances transferred into bank accounts will be exempted from WHT from July 2020 --A National Remittance Loyalty Programme will be launched from Sept...

PM calls for early privatisation of non-profitable entities

ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the privatisation of non-profitable institutions and unused government properties was in the national...

AGP rejects petro ministry’s nominee for NSGP project

Report claims PM's adviser, officials lobbying for ETK while AGP has put its weight behind TMK