Business community laments ‘tax-levied, ambitious’ budget

'Govt said common man will not be affected, but then tax on sugar has been increased to 17pc from 8pc' Following the...

FPCCI for ‘strong industrial policy’ to encourage agro industries

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Acting President Noor Ahmed expressed serious concern over the missing targets of economic...

Minimum taxable income revised in budget

Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5m ISLAMABAD: The minimum taxable...

Govt presents budget, imposes new taxes

Salaries class to face up to 35 per cent taxes with addition of 11 tax slabs Budget deficit to be Rs3,560...

PSX posts modest gains amid mixed sentiments

KARACHI: Investors of the Pakistan Stock Exchange (PSX) showed mixed sentiments before the announcement of budget on Tuesday, as the indices that started...

PKR down by another Rs1.4 against USD in interbank market

Pakistani Rupee (PKR) continued to depreciate against US Dollar (USD) in the interbank market on Tuesday, as the currency closed at Rs151.47...

China says will respond if US escalates trade tension

'If the US only wants to escalate trade frictions, we will resolutely respond and fight to the end' BEIJING: China will respond...

IMC extends warranty period for Toyota vehicles

KARACHI: The Indus Motor Company (IMC) has announced that it has revised and extended its warranty policy for Toyota vehicles. The previous warranty for...

Trump raises tariff threat anew over secret provision in Mexico deal

WASHINGTON: President Donald Trump said on Monday a secret provision of the US immigration deal with Mexico will require the approval of that...

Govt approves flat tax on cigarettes, soft drinks

A health tax of Rs10 on tobacco for a pack of 20 cigarettes and one rupee for every 250 ml soft...

PSX plunges 937 points ahead of budget

LAHORE: Bearish sentiments surrounded the bourse on Monday with the KSE-100 index benchmark dipping by over 900 points, as investors adopted a...

PFC demands industrial status for furniture sector

LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq has urged the government to award furniture sector the status of an industry...

China exports grow despite US tariffs, but imports slump most in three years

BEIJING: China's exports unexpectedly returned to growth in May despite higher US tariffs, but imports fell the most in nearly three years in...

Renault warns Nissan it will block governance reshuffle

TOKYO: French carmaker Renault has warned its alliance partner Nissan that it will block the Japanese auto firm's plan to overhaul its...

China to curb some technology exports to US

SHANGHAI: China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said on...