Tax dept’s justification on declining tobacco revenue rejected
ISLAMABAD: A special committee has rejected the tax department's briefing on a matter pertaining to the decline of Rs60 billion in revenue from the tobacco...
Progress report on PSM operationalisation sought
The Economic Coordination Committee (ECC) on Tuesday sought a progress report on the operationalisation of Pakistan Steel Mills.
A meeting of ECC, chaired...
LCCI demands facilitation for potato exports
LAHORE:Â The Lahore Chamber of Commerce and Industry has demanded the government to facilitate the exports of potato as the present state of...
Govt places immediate ban on furnace oil imports
ISLAMABAD:Â The government has notified an immediate ban on the import of furnace oil and ordered all refineries to utilise billions of rupees...
K-Electric says finalization of financial statements for FY17 & F18 facing delays
The power utility cited the absence of valid power tariff for the year starting 1st July 2016, ongoing litigation and stay order issued by the Sindh High Court and change of auditors as reasons for not being able to hold AGM for FY17 and FY18
Asian shares mixed amid silence on China-US trade talks
Japan’s Nikkei 225 index gained 1.1 percent to 20,251.42 and the Hang Seng in Hong Kong added 0.3 percent to 25,905.82.
Oil stable on trade talk optimism and OPEC cuts, but slowdown looms
International Brent crude futures were at $57.43 per barrel at 0218 GMT, up 10 cents, or 0.1 percent from their last close
Commerce Division, PPRA say opinion not sought on fuel supply agreement with Azerbaijan: Report
Petroleum Division suggestion on Azerbaijan deal blocked by PPRA and Commerce Division
Govt devising policy to attain target of 15 million cotton bales by end of 2019
The government is mulling an increase in funding for agricultural research from existing 0.2% to 1%
Pakistan coal imports projected to soar to 30m tons by 2020
The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020
Committee recommends 20% income tax rate on SME sector
The suggested tax regime offers huge incentives to SME firms and offers to levy 20% income tax rate compared to 29% for the bigger entities in the tax year 2018
OGRA set to charge consumers with Rs1.1bn on account of gas theft
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) has approved to charge the gas consumers with Rs1.1 billion on account of 2.6pc gas...
RLNG prices decreased by over 10pc
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) on Monday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Northern...
World Bank President Jim Yong Kim resigns
WASHINGTON:Â World Bank Group President Jim Yong Kim will resign effective February 1, more than three years ahead of the expiration of his...
PIAF seeks 10pc reduction in gas tariff for local industry
LAHORE:Â The Pakistan Industrial and Traders Associations Front (PIAF) has said that the cost of doing business has increased manifold, which would lead...