Govt to provide billions in tax exemption to Chinese companies
ISLAMABAD: While rejecting the Senate Standing Committee on Finance's recommendation to withdraw the tax exemptions given to Chinese companies, the tax department...
Escorts Bank approves increase in authorized share capital to Rs 3 billion for business expansion
Malik Riaz owned Bahria Town completed its acquisition of Escorts Investment Bank in January this year
Oil prices rise, buoyed by Iran sanction worries
London Brent crude for new July delivery was up 21 cents at $74.90.
Tokyo stocks higher in quiet labour day trading
Stock markets in Hong Kong, Shanghai, Seoul and other cities in Southeast Asia were closed for public holidays.
Atlas Honda investing $15 million to increase production capacity
Atlas Honda sold 838,395 motorcycles during the first nine months (July-March) of the current financial year 2017-18,
Federal budget disappoints PSX
KARACHI: The federal budget for 2018-19 has disappointed the stockbrokers/TREC holders of Pakistan Stock Exchange (PSX) as most of its proposals were...
Market Daily: KSE 100 drops 117.91 points, settles at 45,488.86
LAHORE: The Pakistan Stock Exchange (PSX) opened the first trading session after the announcement of the Budget 2019 on a positive note....
A bank sold for just Rs1,000. Does it make any sense?
Profit demystifies the controversy over the sale of KASB Bank
For the Average Joe, where to invest is the question
Should one dabble into stocks, venture into the real estate or stay with the good old banks for a next-to-nothing yield?
Saudi Aramco appoints first woman executive to the board
DUBAI: Saudi Aramco, the world’s top oil company which is preparing to go public, said on Sunday it has appointed new members...
China eases restrictions on foreign ownership of securities ventures
BEIJING: China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions...
FBR advocating for transfer of land on open market rate
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...
Affluent businesses enjoyed tax exemptions worth Rs540bn
The federal government has given Rs540 billion worth tax exemptions to affluent businesses during the current fiscal year, economic survey documents reveal.
Govt to increase duties on 7,000 imported items, gradual elimination of super tax
Finance bill documents indicate that Federal Board of Revenue (FBR) has suggested decreasing the advance tax on banking transaction for non-filers by 0.4 per cent permanently.
Budget FY 2018-19: Major incentives announced for the stock market
Govt announces a gradual decrease in corporation tax rate of one percent each year, tax on bonus issuances abolished