Govt imposes advance tax on vehicles to discourage profiteering

ISLAMABAD: The federal government has imposed advance tax ranging from Rs50,000 to Rs200,000 on vehicles to discourage 'on money' culture in Pakistan. In...

Pakistani start-up Atoms secures $8.1m financing

Atoms, a Pakistani e-commerce brand and one of the trailblazers in the world of footwear, has raised $8.1 million from a list...

Govt facilitates clearance of over 1,000 imported cars

ISLAMABAD: As the new conditions imposed by the government on the import of used cars have discouraged the importers, the Economic Coordination...

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...

Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb

Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital

Pakistan’s olive oil producers prepare to enter global market: report

The country's olive production is expected to reach 16,000 tonnes by 2027

Agha Steel makes a strong entry to stock market

KARACHI: The Agha Steel Industries Limited’s initial public offering (IPO) will result in Agha Steel becoming the third company to be listed...

What is the story behind the Al-Qadir trust case that Imran Khan has been arrested for?

LAHORE: It finally happened. The almost year-long efforts to arrest former prime minister Imran Khan came to an end in the hustle...

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Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Data of 115m Pakistani mobile users put up for sale on dark web

A Pakistani cybersecurity company has come across a data dump containing information of 115 million Pakistani mobile phone users currently up for...

Restaurants’ boycott against Foodpanda expands to major cities

KARACHI: Restaurant owners of major cities of the country have joined a boycott against Foodpanda as the food delivery company has allegedly...

Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan

The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...

Rupee skids to all-time low against US dollar

The rupee has depreciated by 8 per cent this year

Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year...

Sindh govt approves two mega projects for Karachi

Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University KARACHI: Sindh government has approved two mega industrial...