Deceitful online vendors posing grave threat to e-commerce growth in Pakistan
ISLAMABAD: With the inception of modern technology in Pakistan, e-commerce has boomed in the country within a short span of time, but...
FBR initiates proceedings against undeclared benami assets
--‘Rs70bn collected through Assets Declaration Scheme’
The Federal Board of Revenue (FBR) has initiated proceedings against those who failed to declare their benami...
SECP issues draft rules for collateral management companies
ISLAMABAD: With an aim to promote electronic trading and
warehouse receipt financing of agricultural commodities, the Security Exchange
Commission of Pakistan (SECP) on Wednesday...
SC voids Royal Palm lease, orders PR to assume control
ISLAMABAD: The Supreme Court on Friday declared void the lease of railways land granted in 2001 for developing Royal Palm Golf And Country Club...
FBR barred from keeping taxpayer’s audit info secret
'How can a taxpayer defend himself during the audit process when parameters and reasons will not be disclosed to him?'
LAHORE: Putting the...
FBR forms committee to identify, remove anomalies in finance bill
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has constituted an 'Anomaly Committee' to identify and remove the technical and legal anomalies...
‘Law ministry bound to act upon complaints of FBR, Asset Recovery Unit’
'The ministry on its own has no mechanism to look into the assets of any judge'
The Ministry of Law and Justice...
U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures
The department’s U.S. Trustee Program (USTP) alleged that McKinsey “made insufficient disclosures about its clients and investments in certain entities” connected to debtors that had hired the consulting firm for financial advice, the department said in a statement
Mandviwalla says will prove Ali Siddiqui’s Air Blue investment in court
Senate deputy chairman had stated that appointment of Ali Siddiqui as advisor to PM was made after his investment of $20m...
Patent, copyright registrations on the rise in Pakistan
KARACHI: A steady surge has been noticed in the number of patent registrations and the copyrights applications received at the World Intellectual...
Appointment of legal advisors: SECP achieves 85pc compliance
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP’s) effective initiatives and measures have resulted in an 85 per cent compliance with...
CCP issues show cause notice to Neucon Pakistan for deceptive marketing practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a Show Cause Notice to Neucon Pakistan for copying the packaging of Biofreeze...
NA body recommends govt to prioritise railways projects
ISLAMABAD: Standing Committee on Pakistan Railways (PRs) has recommended the projects of PRs may be given priority by the government, especially the...
Blackberry sues Facebook over messaging apps
OTTAWA: Canadian telecommunications firm BlackBerry sued Facebook on Tuesday, accusing the American social media company of infringing on its patents for messaging apps.
BlackBerry...