FPCCI requests FBR to restore audit immunity for commercial importers

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to restore audit...

Govt to hire professionals to solve governance issues in power sector

ISLAMABAD: In order to address governance problems in ten power distribution companies (DISCOs), the government has decided to hire sound and experienced professionals...

FBR urged to withdraw discretionary powers of IR officials: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...

IMF’s concerns about the economy are correct, Miftah Ismail

ISLAMABAD: Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

SECP announces regulations for selection of independent directors

ISLAMABAD: The Securi­ties and Exchange Comm­ission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies. The Companies...

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...

Economic growth at risk due to eroding macroeconomic stability, says IMF

LAHORE: The International Monetary Fund (IMF), recently published its Post-Programme Monitoring report after the completion of First Post-Programme Monitoring Discussions on March...

Karachi ranked amongst cheapest cities, despite unfavourable circumstances

LAHORE: Karachi has been ranked as one of the cheapest cities to live in the world, in a recently released report by The...

NAB increases scrutiny, seeks proper documentation for major agreements

ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...

Digitalisation to help achieve economic growth target of 6 pc this year: Sindh governor

KARACHI: Pakistan has done a massive job at deploying digital technology which significantly supports the acceleration of economic growth to the set...

Govt not in favour of counter-productive taxation, says Haroon

ISLAMABAD: Special Assistant to Prime Minister on Revenue, Federal Minister Senator Haroon Akhtar Khan has said the government is willing to review...

IMF resident rep calls on Minister of State for Finance

ISLAMABAD: Newly appointed IMF Resident Representative to Pakistan, Maria Teresa Daban Sanchez called on the Minister of State for Finance Rana Muhammad Afzal here on...

Core textile earnings improve during first half 2017-18

KARACHI: Pakistan’s overall textile exports showed a positive trend in first six months of the current fiscal year (up 8 per cent...

FBR appoints Habibullah Khan as new member Inland Revenue Operations

ISLAMABAD: The Federal Board of Revenue (FBR) has filled the important post of member operations by appointing Habibullah Khan as new member Inland...