SBP recommends increase in retirement age to cut fiscal burden

KARACHI: The State Bank of Pakistan (SBP) has recommended an increase in retirement age in order to reduce the average coverage period...

Pakistan, KSA discuss joint ventures in energy, tourism sectors

ISLAMABAD: Energy Minister Omar Ayub Khan has said that the government is focusing on energy projects under the new renewable energy policy...

ECC approves removal of additional customs duties on 152 tariff lines

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave a go-ahead to remove 2pc additional customs' duties on 152...

Pakistan, Iran to open Pishin border crossing to boost trade

TEHRAN: Iran and Pakistan are set to open a third terminal in their borders in the near future in a bid to...

FBR urged to revise mandatory filing of taxpayers’ profiles

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the Federal Board of Revenue (FBR) to revise its policy for...

PM directs Punjab govt to ensure financial assistance to farmers

ISLAMABAD: Prime Minister Imran Khan has directed the officials concerned to activate the Punjab Cooperative Department to ensure financial assistance to farmers. The...

Cabinet extends fixed tax scheme for construction sector till June 30th

ISLAMABAD: The federal cabinet on Tuesday extended the fixed tax scheme for the construction sector till June 30, 2021. According to sources privy...

Hafeez Shaikh directs PC to present all privatisation plans within one week

ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh has directed the Privatization Commission to present the privatization/management contracts plan of all...

FBR appoints focal person to resolve cases worth Rs647bn in Sindh 

ISLAMABAD: The Federal Board of Revenue (FBR) has appointed a focal person for early resolution of 5,160 cases worth Rs647 billion lying...

Cabinet likely to assign additional charge of AEDB CEO tomorrow

ISLAMABAD: The federal cabinet is likely to assign the additional responsibility of chief executive officer of Alternative Energy Development Board (AEDB) to an...

Free WiFi facility remains functional, to be expanded to all Punjab districts: PITB

LAHORE: The facility of free WiFi remains active and functional at all public places in the province, Punjab Information Technology Board (PITB)...

ECC to decide shelving of LPG air mix projects by Sui companies tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to decide on Thursday (tomorrow) the shelving of Liquefied Petroleum Gas...

FBR withdraws 5pc regulatory duty on cotton import

ISLAMABAD: In compliance with the government’s decision, the Federal Board of Revenue (FBR) has withdrawn five per cent regulatory duty on the...

Government proposes major tax exemptions for Electric Vehicles

ISLAMABAD:In order to promote the use of electric vehicles in the country, the government has decided to offer massive tax exemptions. As per...

Norway to forge cooperation with Pakistan in renewable energy sector: envoy

ISLAMABAD: Ambassador of the Kingdom of Norway to Pakistan Kjell Gunnar Eriksen on Wednesday appreciated the newly promulgated Renewable Energy Policy of...