Pakistan tweaks rules in accordance with OECD to restrict tax avoidance
ISLAMABAD: Pakistan has tweaked its legal framework in accordance with Organization for Economic Cooperation and Development (OECD) for restraining tax avoidance by...
Market Daily: KSE 100 opens week to a turbulent session
LAHORE: The Pakistan Stock Exchange (PSX) saw another day of dull sessions where low participation and selling in index heavyweight sectors including...
Mughal Steel gets amendments to expansion plan approved
LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...
Japan Power proceeds “ex-parte” against Siemen Pakistan’s petition
LAHORE: A bourse notification filed Monday by Japan Power Generation Limited revealed has proceeded ex-parte against Siemen Pakistan Engineering Co. Limited’s petition...
DFML restarts manufacturing, brings back Daehan Shehzore
LAHORE: Yousuf Dewan Companies has re-launched its new Shehzore with the new name – Daehan Shehzore with increased capacity in collaboration with South...
Did the Chinese acquire PSX at a discount?
LAHORE: Leading brokerages and investors in the country believe the acquisition of Pakistan Stock Exchange by a Chinese consortium in January 2017...
Income tax exemptions for inward remittances be limited to Rs10m annually: SBP
ISLAMABAD: A presentation by State Bank of Pakistan to Senate Standing Committee on Finance suggested income tax exemption available for inward remittances...
TRG Pakistan’s indirect subsidiary IBEX Holdings files for $75m IPO on Nasdaq
LAHORE: A bourse notification filed by TRG Pakistan Ltd. revealed its indirect subsidiary IBEX Holdings Limited has filed a registration statement prospectus...
Asian stock markets vigilant, as dollar loses early gains
TOKYO: Asian share markets were in a cautious mood on Monday as investors braced for an event-packed week headlined by U.S. inflation...
Islamabad “crown-jewel” of real estate investment, FBR investigation reveals
ISLAMABAD: The Federal Board of Revenue (FBR) has carried out a survey to ascertain the amount of money being invested in Islamabad’s...
Oil prices hover around two-week-highs
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue...
Pakistan’s imports rationalisation policy irks trading partners
ISLAMABAD: In a recent drive to drastically reduce food imports into the country, the Ministry of Commerce (MoC) has taken strict measures...
Realtors call for tax amnesty to promote investment in real estate sector
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Sheikh Amir Waheed, said that real estate sector has the potential to promote...
Market Daily: FATF decision shakes investor confidence
LAHORE: The Pakistan Stock Exchange (PSX) was shaken by the decision of Financial Action Task Force (FATF) who decided to place Pakistan...
SECP amends Securities and Futures Advisers Regulations, notification issued
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments to the Securities and Futures Advisers (Licensing and Operations) Regulations,...