USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs

ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...

FBR selected 44,868 tax cases through parametric computer ballot

ISLAMABAD: The Federal Board of Revenue (FBR) has selected 44,868 tax cases through parametric computer ballot on Thursday. Parametric computer ballot as per Audit Policy...

Growers of tobacco threaten to stage sit-in in Islamabad on April 24

ISLAMABAD: The Anjuman-e-Tahfuzi Hoqiqi Kashtkaran and the Dealer Association Khyber-Pakhtunkhwa (KP) have threatened to stage a sit-in in the federal capital on April 24 if...

Car assemblers come under fire for price increases, low standards, and cartelisation

ISLAMABAD: As the Competition Commission of Pakistan (CCP) organised a public hearing on complaints against car assemblers in the country here on Thursday,...

Better connectivity leads to stronger markets, increased demand: Ahsan Iqbal

ISLAMABAD: While speaking about the global economy, Federal Minister for Planning, Development and Reform, Ahsan Iqbal said that undermined economies in the world...

SECP proposes amendments in Chartered Accountant Ordinance

ISLAMABAD: In order to revamp the Chartered Accountant Ordinance, 1961, and meet the current requirements of the profession of Chartered Accountants, the Securities...

Market Daily: KSE 100 index down 154.79pts, settles at 46,331.71

LAHORE: After meandering through the red during most part of yesterday’s session the 100 Index closed down 154.79 points (-0.33 per cent)...

Non-taxpayers to be barred from purchasing real estate after July: Miftah

  LAHORE: Adviser to Prime Minister on Finance Miftah Ismail has said that non-taxpayers will not be allowed to purchase real estate in the country...

Benefits of tax amnesty scheme won’t last beyond June 2018: Moody’s

LAHORE: Moody’s, the credit rating agency on Thursday in its assessment of the tax amnesty scheme said its benefits may not last...

Asian stocks fall, as tensions escalate in the Middle East

TOKYO: Asian stocks came under pressure on Thursday as the threat of imminent U.S. military action in Syria rattled investors and sent...

Brent crude touches $72.25, as tensions over military escalation in Syria rise

SINGAPORE: Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices remained some way off Wednesday’s...

PSX announces election of seven directors unopposed

LAHORE: Months of dispute over the Pakistan Stock Exchange (PSX) board of director’s election with the Security Exchange Commission of Pakistan (SECP)...

FBR to now investigate overseas assets without time restrictions

KARACHI: With the recently introduced presidential ordinance Income Tax (Amendment) Ordinance 2018, the one biggest impediment of time restriction of six years...

IMF follows FATF footsteps, voices opposition to amnesty scheme

ISLAMABAD: Voicing concerns over the amnesty scheme being offered in Pakistan, International Monetary Fund said these schemes never achieved their stated objectives. A...

ADB projects decline in GDP, as trade deficit continues to worsen

ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...