Bangladesh bourse approves China’s bid, rejects India offer
DHAKA: Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing...
FBR collects Rs579mn less tax from mobile phone operators
ISLAMABAD: The Federal Board of Revenue (FBR) failed to maintain last year’s performance on the collection of withholding tax from mobile phone operators...
Market Daily: KSE 100 plunges 707.85 points intraday
LAHORE: The Pakistan Stock Exchange (PSX) did not perform on Tuesday as investors lacked positive triggers. Moreover, sentiments looked bearish as Adviser...
FBR overlooks tax case against Grand Hyatt allottees
ISLAMABAD: The high ups of Federal Board of Revenue (FBR) have overlooked a tax case against the buyers of Grand Hyatt apartments,...
Market Daily: Indices succumb to late selling, shed 54.43 points
LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...
Domestic revenue mobilisation only reliable resource for countries to fight poverty: Dr Ayesha Ghous
LAHORE: Punjab Finance Minister Dr Ayesha Ghous Pasha has said that domestic revenue mobilisation is the only reliable and sustainable resource for...
Sales tax refund process will begin this month: Miftah
KARACHI: Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Miftah Ismail, has said sales tax refund process will be started...
Federal budget 2018-19 to be business friendly: Rana Afzal
FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Saturday said the federal budget 2018-19 will be business friendly and utmost...
SECP fails to register major cases against insider traders, market manipulators
ISLAMABAD: Despite the promulgation of Securities Act 2015, declaring insider trading a criminal offence, the Securities and Exchange Commission of Pakistan (SECP)...
OECD treaty regulations bar member nations from prosecuting its nationals
ISLAMABAD: According to regulations of the Organisation for Economic Co-operation and Development (OECD) agreement, no member nation can prosecute its nationals for having...
U.S stocks volatility stings like a bee, but likely to persist
NEW YORK: U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already...
Govt appreciates budget proposals from tax bar bodies: Haroon Akhtar
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the government values the contribution of tax bar associations...
Global stocks set for best week in six years, dollar sags
LONDON: World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the...
Bitcoin’s jumps to $10,000, yet investors still down $60bn in 2018
LAHORE: Over $550 billion of value was wiped off the entire cryptocurrency market in just under a month when Bitcoin slid another...
U.S crude oil consolidates gains, as dollar slips to three-year low
TOKYO: U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets...