‘Efforts underway to streamline real estate, jewellery sectors’

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said that there were some areas in the real estate business where an effective...

PM performs groundbreaking of Allama Iqbal Industrial City 

Imran Khan says SEZs will provide Chinese companies requisite environment to relocate to Pakistan 

SBP reserves surge $582m to $11.5bn

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 5.3pc on a weekly basis According to a statement issued...

Non-compliant debit and credit cards will not be blocked: SBP

Instead of an official circular, SBP practically extends deadline for banks to convert magnetic stripe cards to EMV through a press release

UAE crown prince announces $200m for SMEs in Pakistan

ISLAMABAD: Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, who visited Pakistan along with a high-level delegation on Thursday, directed the...

Govt reduces taxes on imported phones; local industry decries move

ISLAMABAD: Through a recently issued presidential ordinance, the government has reduced withholding and sales taxes on imported phones valuing between $30 and...

‘Cement industry to operate at only 78pc capacity’

Dec 2019 sees cement despatches grow by more than 10pc 

Govt to set up National Tax Council for harmonisation of GST 

ISLAMABAD: The government has decided to set up a National Tax Council (NTC) to ensure the harmonisation of General Sales Tax (GST)...

Exchange-Traded Funds coming to Pakistan next month 

PSX also contemplates purchasing a new trading system

Govt makes taxation simpler to attract even more ‘hot’ money

KARACHI: The State Bank of Pakistan (SBP) has announced amendments in the Income Tax Ordinance, 2001, to simplify the tax regime for...

Asad Umar stresses need to develop indigenous mineral resources 

ISLAMABAD: Planning, Development & Special Initiatives Minister Asad Umar on Thursday chaired a meeting to review the works of Pakistan Mineral Development Corporation...

Etisalat submits proposal for settlement of PTCL dispute

Finance adviser asks relevant secretaries to come up with a final proposal by the end of this month

Govt imposes severe penalties on smuggling gold, currency abroad

ISLAMABAD: In a bid to curb money laundering and to meet the conditions of the Financial Action Task Force (FATF), the government...

Transporters to observe nationwide strike today

The transporters have announced to hold a nationwide strike on Thursday (today) owing to toll taxes and other increased fines in the...

Amid delays, Diamer-Bhasha’s PC-1 cost surges 68pc

WAPDA yet to acquire land for the dam's site despite all financial and administrative support