Govt waives off 15% income tax on loans acquired to support forex reserves
The federal cabinet has waived off 15% income tax on profit that foreign banks are earning on lending about $2.5 billion to...
JSCL eyes oil marketing business
At the close of trading on Thursday, JSCL was trading on the PSX at Rs19.18 per share, up Rs0.13 or 0.68 per cent from the start of the day with 0.14 million shares traded.
Sports goods’ exports drop 5.9pc to $52.6m
ISLAMABAD:Â The export of sports goods from the country witnessed a decline of 5.93pc during the first two months of the current financial...
First Shaheen Air flight to carry 325 pilgrims from July 14
The airline is slated to fly more than 40,000 pilgrims as part of its Hajj operation this year
OGRA hikes LPG price with the start of new year
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday notified a substantial increase in the price of Liquefied Petroleum Gas (LPG)...
Tobacco growers stand divided on implementation of advance tax
'Farmers that are influenced by illegal manufacturers are only making the advance tax issue a political game'
ISLAMABAD:Â While a group of tobacco...
Govt embarks upon programme of capacity expansion to meet growing energy requirements
-- Ansaldo Energia expresses interest in energy and water projects
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi received Ansaldo Energia Chairman Giuseppe Zampini here on...
Miftah Ismail reviews performance of National Savings
ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings.
National...
SBP gives go-ahead to NIB bank’s merger with MCB
Lahore: The State Bank of Pakistan (SBP) has granted approval for the merger/amalgamation of NIB Bank Limited with and into MCB Bank Limited...
PSO declares Rs10.6bn profit after tax
Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) at its headquarters in...
Commerce ministry exploring ways to enhance exports
Islamabad: The ministry of commerce is exploring potential international markets to enhance exports, a senior ministry official said on Wednesday.
"We are working...
Oil and gas sector to be focus of attention in today’s ECC meeting
Islamabad: The first meeting of the reconstituted Economic Coordination Committee (ECC) has been called on Tuesday, by the PM Shahid Khaqan Abbasi.
The...
Textile sector gets Rs14bn in seven months under PM’s export package
ISLAMABAD: The textile industry received Rs14 billion during the first seven months of the current fiscal year under the prime minister’s exports enhancement...
Segmented load-shedding in line with National Power Policy: K-Electric
KARACHI: K-Electric (KE) on Monday, reiterated that only segmented load-shedding which is in line with the National Power Policy 2013, to address...
Inquiry against misuse of powers by officers and a member of PTA
ISLAMABAD: A Senate panel has directed the Special Secretary, Cabinet Division to conduct a thorough inquiry into the use of Chairman PTA‘s...