Abundant wheat stock available in Punjab, LHC told
LAHORE: The Punjab government informed the Lahore High Court (LHC) on Friday that there was a substantial quantity of wheat available in the flour mills and in...
Agreement to develop Rashakai economic zone signed
ISLAMABAD:Â A Chinese company has agreed to undertake development work at Rashakai Special Economic Zone (SEZ), Gwadar Pro App reported.
In this regard, China...
PRA registers over 15,000 businesses under STS
LAHORE:Â The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...
FBR asks banks to provide details of unverified accounts
ISLAMABAD:Â The Federal Board of Revenue (FBR) has instructed the banks to provide the details of unverified accounts, sources revealed on Friday.
The revenue...
PIA no longer a defaulter
KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment.
The national...
Summary advocating uniform gas tariff for zero-rated industry postponed
LAHORE:Â Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...
MoC to hold Pak-Africa trade conference in Kenya
The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI:Â The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
1.2Bcf LNG being imported to plug deficit, Senate told
ISLAMABAD: Energy Minister Omar Ayub Khan on Friday informed the Senate that the government was importing around 1.2 billion cubic feet (Bcf)...
Textile millers asked to pay QTA arrears by tomorrow
LAHORE: The All Pakistan Textile Mills Association (APTMA) on Friday informed that the power distributions companies (DISCOs) had issued the Quarterly Tariff...
PRA collection registers 24pc growth in first half FY20
LAHORE: The Punjab Revenue Authority (PRA) has collected Rs53.2 billion during the first six months of the current fiscal (2019-20), posting an...
Former Sindh Bank president gets bail in fake bank accounts case
ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted bail to former president of Sindh Bank Bilal Sheikh in fake bank accounts...
Govt likely to leave 9th NFC inconclusive
ISLAMABAD: Despite its tall claims of presenting the National Finance Commission (NFC) Award on time as per its constitutional obligation, the Pakistan...
Govt mulls seeking army’s help to protect crops from locusts
ISLAMABAD:Â The Ministry of National Food Security & Research (MNFS&R) is weighing the option to seek the army's help to protect and safeguard...
SBP reserves up $146m to $11.7bn
The foreign exchange reserves held by the State Bank of Pakistan increased 1.26pc on a weekly basis, according to data released by...