ICCI terms budget ‘burdensome’ for business community, common man
ISLAMABAD:Â The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...
Stocks up, but IMF-friendly budget gets mixed reviews
KARACHI: Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan’s first budget aimed at securing...
Iran scrambles to lift petrochemical sales as sanctions hammer oil
LONDON/DUBAI/SAO PAULO: Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales,...
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
Govt to spend Rs1.8tr on public sector
CPEC takes centre stage as PTI eyes 'balanced development'Â
Centre allocates Rs912bn for provinces, sets 951bn aside for federal ministries, divisionsÂ
...
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:Â 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:Â 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:Â 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:Â 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:Â 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...