Putin orders review of Russian coal mining tax

MOSCOW: Russian President Vladimir Putin has asked the government to review a mineral extraction tax for the Russian coal industry by Oct...

FBR criticised for ‘only targeting Karachi businesses’

KARACHI: The government's decision to increase the tax rate is not the right solution for revenue enhancement, as it would only discourage the...

Weekly inflation dips 0.08pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on Aug 22) decreased by 0.08pc for the combined income group, as compared to...

China warns US to stop ‘wrong’ trade actions or face consequences

BEIJING: China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned...

Trump says he wouldn’t stop Fed Chair Powell from resigning

WASHINGTON: US President Donald Trump sharply criticized Federal Reserve Chairman Jerome Powell on Friday and said he wouldn’t try to stop the chief...

Company registrations with SECP surge 41pc in July

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had registered 1,525 new companies in the month of July 2019. As compared to the...

Pakistan becomes world’s 4th fastest-growing freelance market

ISLAMABAD: Pakistan has been ranked as the 4th fastest growing freelance market with 47pc growth in freelance earnings during the second quarter...

India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors...

FBR seeks Pakistanis’ Iqama details from UAE

Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab...

NAB not to pursue income, sales tax cases against business community

National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has announced that the bureau will not pursue cases pertaining to income tax...

China to levy new tariffs on $75bn worth of US imports

BEIJING: China announced Friday it will hit US imports worth $75 billion with new tariffs as retaliation for Washington's planned tariff hikes, further...

BoP sees 13pc growth in pre-tax profit

LAHORE: A meeting of The Bank of Punjab (BoP) Board of Directors was held on Friday to consider and approve the unaudited...

Export of raw cotton increases 99.6pc in July 

ISLAMABAD: The export of raw cotton from the country in the first month of the current financial year (July FY20) witnessed an...

KSE-100 drops 534 points amid FATF confusions

KARACHI: The Pakistan Stock Exchange (PSX) was surrounded by dark clouds on the last trading session of the week, as investor sentiments...

India proposes ban on e-cigarettes, with jail terms for offenders

NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed,...