FBR tax collection falls short by 3.56 percent during first seven months of FY 2017-18
ISLAMABAD: Tax collection of Federal Board of Revenue during the first seven months (July-January) of financial year 2017-18 was recorded at over...
Dollar demand remains high in open market
KARACHI: State Bank of Pakistan on Wednesday was apprised by currency dealers that demand of dollar in kerb market remains high.
In a...
FBR starts survey of commercial buildings/plazas to unearth tax evaders
ISLAMABAD: As Federal Board of Revenue continues failing in widening its tax base, the government has initiated surveys of commercial and high-rise...
Bahria Town ‘Clean Karachi’ campaign advances into third week
KARACHI: Bahria Town ‘Clean Karachi’ campaign successfully advanced into the third week of its second phase of cleaning the Korangi district.
Bahria Town team...
ABAD to build its own low-cost housing societies in Karachi, Lahore and Islamabad
KARACHI:Â Association of Builders and Developers of Pakistan (ABAD) has decided to launch low-cost housing projects in Karachi, Lahore and Islamabad through which...
Samsung Electronics announces stock split, posts record annual profit
SEOUL: Samsung Electronics Co Ltd announced on Wednesday its first stock split and said it expects demand for semiconductors to remain strong...
KSE-100 index registers best start to the year since 2007
LAHORE: Pakistani stocks are once gaining traction of foreigners as global funds purchased $91 million of shares during January.
This would translate into...
Dost Steels set to start commercial operations from March 2018
LAHORE: A bourse notification filed Wednesday by Dost Steels Limited announced it would be starting trial productions from 1st of February.
DSL stated,...
Asian shares nosedive after hefty losses on Wall Street
BEIJING: Asian stocks were mixed Wednesday after Wall Street recorded its biggest decline since August.
KEEPING SCORE: The Shanghai Composite Index fell 0.7...
Oil prices decline for third straight session, touch $68.33 per barrel
SINGAPORE: Oil prices fell for a third day on Wednesday after data from an industry body showed crude stocks rose more than...
FBR debars tax recovery through bank account attachment without serving prior notice
KARACHI: Tax recovery via freezing of bank accounts has been prohibited by Federal Board of Revenue without prior serving of notices to...
FBR constitute fifteen committees to solve alternative dispute resolution cases
ISLAMABAD:Â Federal Board of Revenue (FBR) has constituted fifteen committees across the country for alternative dispute resolution cases.
FBR constituted a two-member committee in...
Hascol Petroleum to pay $9.5 million to Mena Energy for out of court settlement
LAHORE: A bourse notification filed Monday by Hascol Petroleum Limited (HPL) announced it reached an out of court settlement with Mena Energy...
Telenor was highest direct tax payer during FY 2015-16: SDPI
LAHORE: A report published by Strategic Development Policy Institute (SDPI) revealed Telenor Pakistan was among the highest tax contributors in telecon and...
Sindh High Court bars PSX from placing Dewan Cement in defaulter’s segment
LAHORE: A bourse notification filed Monday by Pakistan Stock Exchange (PSX) revealed the Sindh High Court on 27th January ordered it not...