Dollar hits all time high of Rs160.73 against Pak rupee
The Pakistani Rupee (PKR) on Wednesday morning fell further in the early hours of trading at the interbank to another all-time low of Rs160/Rs161 against US Dollar (USD).
Salaried class to suffer as govt mulls reversing income tax slabs
Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn
ISLAMABAD:Â In an effort to increase the tax revenue...
FBR extends deadline to file tax returns
The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for...
Monal restaurant’s owner becomes first entrepreneur to receive ‘Pride of Performance’ award
ISLAMABAD:Â Owner of Islamabad's Monal restaurant, Luqman Ali Afzal, became the first Pakistani to be awarded a Pride of Performance award for 'entrepreneurship',...
‘Kekra in Pakistani waters among world’s three highly prospective wells’
Rystad Energy says Kekra well in Pakistani waters has pre-drill prospective resource estimates of 1.5bn barrels of oil or equivalent
The Eni's Kekra...
PM Imran to chair NFC meeting after Hafeez Shaikh’s ouster
ISLAMABAD: As the federal government has removed Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh from the newly-constituted...
Federal govt likely to freeze recruitments for two years
ISLAMABAD:Â Amid an economic crunch due to the coronavirus outbreak, the federal government is considering banning new recruitments for the next two years...
Govt likely to lay off more than 30,000 employees before June 2020
ISLAMABAD: The government has been mulling to lay off more than 30,000 employees of some 20 state institutions before June 2020, apparently...
Container train between Lahore, Karachi launched
LAHORE:Â Pakistan Railways has launched an online 'Premium Container Train' that would move between Karachi and Lahore.
The divisional superintendent of Railways (Lahore division)...
SBP enforces new measures to control US dollar transactions
Pakistan tightens currency controls, biometric verification required for large dollar transactions
Dilapidated track: KCR train covers 14km in two hours in test run
KARACHI: The test run of the much-awaited Karachi Circular Railway (KCR) has begun, as a KCR train comprising four bogies and two...
FBR seeks info of account holders having deposits above Rs0.5m
The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits...
Bajwa announces 250 new jobs for Orange Line Train project
ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting and China-Pakistan Economic Corridor (CPEC) Authority Chairman Lieutenant General (r) Asim Saleem...
Financial scam in Pakistan Post unearthed
ISLAMABAD: A financial scam worth millions of rupees has surfaced in the Pakistan Post Office Department (PPOD) owing to the connivance of...
FBR chief Shabbar Zaidi to go on indefinite leave
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi will go on an indefinite leave on health grounds, Pakistan Today has learnt.
According to sources,...