Date further extended for filing of income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has extended due date for filing of Income Tax Returns/Statements by salaried individuals, other individuals and...
Pakistan Stock Exchange nosedived 13pc in last one year
KARACHI: The KSE-100 index has endured a fall of 16pc since Pakistan’s reinstatement into MSCI Emerging Markets (EM) index since June 1st,...
FBR extends super-tax on banks for FY 2017-18
ISLAMABAD: Federal Board of Revenue (FBR) has extended the enforcement of super-tax on banking companies for financial year 2017-18.
And FBR issued SRO...
Asian stock markets lower, as oil prices register biggest drop since October
TOKYO: Shares fell in Asia on Wednesday, tracking modest losses overnight on Wall Street, where the biggest drop in crude oil prices...
Oil prices fall after IEA casts uncertainty over demand outlook
SINGAPORE: Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of...
PSX leads the re-composition of KMI index
LAHORE: In a notification issued on November 13, by the office of Market Development and New Products General Manager Sani-e-Mehmood Khan, Pakistan...
Market Daily:Â MSCI ejects ENGRO from EMI
LAHORE: Trading at the bourse on Tuesday was underpinned by MSCI’s overnight announcement where the leading index provider ejected Engro Corporation (ENGRO)...
KCCI demands extension in filing returns up to Dec 31
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik has demanded that the last date for filing Income Tax/Sales...
Complete shutter down strike observed across GB against imposition of taxes
ISLAMABAD: A complete shutter down was observed across Gilgit Baltistan (GB) against the imposition of taxes in the area by Federal Board...
Mutual funds invested $17m in stock market last week
KARACHI: Security and Exchange Commission’s (SECP) decision to raise investment cap for mutual funds from 95pc to 100pc cash, gave Pakistan Stock...
Oil trading remains restrained amidst tension in Middle East
SINGAPORE: Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the...
US oil exports to Asia keep increasing, creating problems for OPEC
LAUNCESTON, Australia: U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially...
Asian stock markets open lower after Wall Street’s losing week
BEIJING: Asian stock markets were mixed Monday following Wall Street’s losing week as investors looked ahead to a week of data releases and...
Kapco shelves plan to acquire 17.37pc stake in Hubco
LAHORE: A bourse notification from Kot Addu Power Company (KAPCO) disclosed it postponed plans to acquire 17.37pc stake in Hub Power Company...
Ghandara Nissan & Renault tie-up talks break-off
KARACHI: A bourse notification on Friday revealed Ghandara Nissan Limited (GHNL) talks of a potential tie-up with Alliance (Renault & Nissan) have...