FBR seeks cabinet approval to tax illegal mobile phones
As per the envisaged plan, the FBR has determined a plan to levy a tax on all those smuggled phones which are presently inactive and are stocked in shops as unsold
Pakistan invites Japan to assist in promoting its textiles through PTA
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan on Thursday invited Japan to assist Pakistan to promote its textile through...
Businessmen urged to avail benefits from amnesty scheme
LAHORE: Small and Medium Enterprises (SMEs) expert Rehmatullah Javed Sunday stressed the business community and wealthy people living in the country and...
Limiting Iranian fruit imports spooks up domestic exporters
KARACHI: Pakistan’s decision to limit fruit imports from Iran has spooked domestic exporters that neighbouring nations would respond back by enacting similar...
Pakistan only better than Myanmar, Bangladesh in ‘ease of doing business’
Ranks 147 out of 190 in the global list of ranked countries
NBP appointment policy issue referred to SBP for investigation
ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs Friday decided to refer the National Bank of Pakistan’s (NBP) new...
Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18
KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...
Decision to increase gas prices by 46pc put on hold
ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has decided not to immediately increase gas prices by 46 per cent,...
SWIFT makes headlines as hackers steal $6mn from Russian bank
MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international...
Cement exports rise by 8.1pc in two months
ISLAMABAD:Â The export of cement from the country increased by 8.01 per cent to $48.535 million during first two months of the current...
Digital Pakistan policy set to be submitted for go-ahead
Ms Anusha Rehman said growth rate of exports has jumped to 125% over the last five years, adding that the IT industry is not only growing in terms of the number of companies and revenue but also in exports and workforce on a yearly basis
NIC mandatory for buying/selling above $500: SBP
Exchange companies have expressed fears with the latest restriction, illegal traders would engage most of the sellers, which may lead to tightening of dollar supply in the kerb market.
Market Daily: KSE-100 drops 201 points amid uncertain economic conditions
LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...
PIA reduces fares for int’l flights
Pakistan International Airlines (PIA), the country’s flagship carrier, on Saturday slashed its fares for a limited time on international flights on the...
Oil gets a boost from Saudi output pledge, declining US inventories
LONDON: Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even...