Govt taking steps to ease tax payment mechanism: BOI
The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism for the...
FBR chairman says amnesty scheme last chance to legalise undeclared assets
ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha, visited the Islamabad Chamber of Commerce and Industry (ICCI) and urged upon the business
community...
Iran deepens freight discount to boost oil sales to India
NEW DELHI: Iran has offered to raise the freight discount on oil sales to India in return for New Delhi agreeing to boost imports,...
Soneri Bank to raise Rs4 billion TFCs to bolster capital requirements
LAHORE: A stock market notification sent to the bourse Friday by Soneri Bank disclosed that it was going to raise Rs4 billion Additional Tier...
KSE-100 gains another 603 points as rally continues
KARACHI: Stocks rallied on the first trading session of the week, as the indices continued to accumulate gains amid increased market participation. Foreign investors...
Telenor Pakistan makes symbolic CEO
KARACHI: As part of its commitment towards a diverse culture and to encourage increased female participation in the workforce, Telenor Pakistan in collaboration with...
Rs2,526 million released under PM’s SDG program
ISLAMABAD: As the government moves towards next general election, it has started to release development funds for special constituencies including the electorates of federal...
Asian shares advance ahead of Fed meeting, US-China talks
Japan’s Nikkei 225 index retreated 0.5 percent to 20,555.13 while South Korea’s Kospi climbed 0.6 percent to 2,197.50
Manufacturers raise steel prices for fourth time this year
LAHORE: The steel sector once again has raised prices by 8 per cent, which is the fourth of its kind since February 2018, industry...
Are Daraz pick-up points a good business strategy?
One of the biggest challenges faced by the e-commerce industry is fulfilment. That is making timely deliveries. But what if a customer misses a...
Foreigners sold Asian equities in October on worries over trade, slowing growth
Data from regional stock exchanges showed foreigners sold a net total of $14.54 billion in Taiwan, South Korea, India, Thailand, Philippines, Indonesia, and Vietnam equities in the last month
Mohmand Dam to be constructed at a cost of Rs291bn
ISLAMABAD: The cost of constructing Mohmand Dam has been estimated to be Rs291 billion and it would take around five years to...
Pakistan’s PSO awards first fuel oil import tender in two months: sources
PSO still has outstanding tenders to import up to 585,000 tonnes of HSFO in September and again in October, but one trade source that has previously supplied PSO with fuel oil said he expected weak demand to keep the company’s actual import volume limited over the coming months
Senate body seeks early release of funds for water sector projects
ISLAMABAD: Senate's Standing Committee on Finance on Thursday directed the Ministry of Planning Development and Reforms to ensure the appropriate release of funds allocated...
Pakistan set to make re-entrance into S&P’s emerging broad market index next month
Lahore: Pakistan will make its re-entrance into S&P’s Emerging Broad Market Index from S&P Frontier BMI next month, following the country’s inclusion into the...
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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 the tax...
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Huawei launches foldable phone in China
SHENZHEN: Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at...
