Amendments proposed to pension rules

ISLAMABAD: The Pay and Pension Commission (PPC), has proposed amendments in the pension scheme for existing pensioners and employees of the Government...

FBR registers FIR on Rs 314.8bn Sales Tax fraud

ISLAMABAD: The Federal Board of Revenue has registered a First Information Report (FIR) against a Karachi based company on account of huge...

WB’s South Asia Rep for Energy Meets with Federal Minister of Privatisation

ISLAMABAD: The South Asia Practice Manager for Energy at the World Bank,  Simon Stolp and his team met with Fawad Hasan Fawad,...

PM approves 140% executive allowance for FBR officers 

Allowance will only be given to a few officers of grade 17 and above

‘Govt to take forward privatization process in transparent manner’ Fawad Hasan Fawad

ISLAMABAD: Caretaker Minister for Privatization, Fawad Hasan Fawad on Tuesday said that the government is taking forward the privatization process in a...

PM Kakar prepares for China visit amidst supposed slowdown in CPEC expansion   

Pak-China likely to sign $6.67 billion worth agreement on ML-1 railway project during PM Kakar’s upcoming ‘VVIP’ visit to China

Slashed by Rs 41? No change at all? What could happen going into this week’s fortnightly fuel pricing decision 

Fuel prices are set to be assessed in the coming days. And while a significant reduction is possible, it might not happen for a number of reasons. 

Pakistan, UAE company, all set to sign 25-year concession agreement for terminal’s operations on Karachi Port 

ISLAMABAD: Pakistan is on the verge of signing a 25-year concession agreement with Abu Dhabi Ports, a UAE-based company, to operate the...

Rs 3.126tr added to Pakistan’s total debt in first two months of FY24 :SBP

ISLAMABAD: The Federal government's total debt surged by Rs 3.126 trillion to Rs 63.966 trillion between Jul-Aug, of the current fiscal. According to...

Govt raises Rs 557bn in short-term debt against target of Rs 600bn

Cut-off yields for the three-month, six-month and 12-month T-bills stood at 22.5%, 22.85%, and 22.84%, respectively.

Privatisation Minister meets World Bank rep

ISLAMABAD: The Federal Minister for Privatisation, Fawad Hasan Fawad has commented that the Pakistan International Airline (PIA) has emerged as the foremost...

Pakistan tightens control around Afghan Transit Trade; but why now?

Bans, processing fees, increased checks and bank guarantees slapped on Afghan imports

SECP unveils standardized constitutive documents for registration of private funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken a significant stride towards streamlining and expediting the registration process of...

Govt plans to raise taxes on retail, agriculture, real estate

ISLAMABAD: The Federal government has planned to raise taxes on retail, agriculture, and real estate sectors. Alongside a wealth tax on movable...

SECP introduces Shariah Governance Framework 2023

ISLAMABAD: In a stride towards enhancing the regulatory landscape of Islamic finance, the Securities and Exchange Commission of Pakistan (SECP) has unveiled...