Tobacco industry fails to deliver revenue target set by FBR
ISLAMABAD: Despite the introduction of a third slab on cigarette prices, the Federal Board of Revenue (FBR) has been losing revenue and...
ICCI calls for decrease in sales tax on POL products
ISLAMABAD:Â The business community here on Tuesday urged the government to withdraw increases in sales tax on some petroleum products, since the price...
FFC recommends $121mn investment in Thar Energy
LAHORE: In a notification to the Pakistan Stock Exchange (PSX) Fauji Fertiliser Company (FFC) Limited informed that it has recommended approval of...
Hascol’s profit after tax rises 10.8pc YoY
LAHORE:Â In a notification to the Pakistan Stock Exchange (PSX) on Tuesday, Hascol Petroleum Limited declared its financial results for the year ended...
Sindh sales tax collection up 44pc
LAHORE: The collection of sales tax in Sindh was recorded at Rs9.29 billion in March, up 44 per cent compared to Rs6.69...
‘Eighteen’ goes international with a grand launch event at Burj Khalifa
DUBAI:Â With its offices already positioned in Emaar Square, Dubai; Eighteen invited all the overseas Pakistanis along with the local business communities of...
Government lacks legitimacy to announce budget this month: experts
ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI:Â Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
CPI surges by 3.2pc in March
KARACHI:Â The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to...
SNGPL and SSGCL recover losses from stolen gas by charging extra from consumers
ISLAMABAD: Following an approval from the Oil and Gas Regulatory Authority (OGRA), two state-owned gas utilities, SNGPL and SSGCL, are annually charging...
Pakistan’s mystery billionaire
“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...
How bank CEOs rake in the big dough
As the curtain coming down on 2017 coincided with his premature exit as CEO of Pakistan’s largest commercial bank, Habib Bank Limited,...
Is OLX feeling hot under the collar?
It’s an exciting time to be in Pakistan. We are seeing it in the numbers, in the growth we are getting, and...
Vietnam aims to take trade with Pak to $1 bn
LAHORE: The Vietnamese want to take bilateral trade with Pakistan from the current $700 million to $1 billion, as economic and trade...
AGP says BankIslami-KASB bank merger resulted in Rs3.5 billion loss to national exchequer
LAHORE: Â A recently released report of the Auditor General of Pakistan (AGP) office has again alleged the BankIslami-KASB bank merger caused around...