Increased development budget due to proper tax collection measures: Ahsan

Minister for Planning and Reform Ahsan Iqbal has said that the development budget has been increased as a result of proper tax...

SBP,Government intervening in currency market to keep rupee stable says: Bloomberg report

According to a Bloomberg report, the government and the State Bank of Pakistan are intervening to keep the Pakistani rupee stable at...

EFG Hermes acquires 51pc majority stake in Invest and Finance Securities Limited

EFG Hermes a Cairo based investment bank operating in the Middle East and North African (MENA) has procured a 51pc stake in...

Younus Dhaga visits State Life’s principal office; holds discussions with top management

The Federal Secretary for Ministry of Commerce, Mr Muhammad Younus Dhaga visited State Life Insurance Corporation of Pakistan, Principal Office, Karachi on...

Poultry industry lays bare heavy handedness by FBR before Dar

The Pakistan Poultry Association (PPA) on Monday laid bare the highly unfair treatment meted out to the industry by the tax mandarins...

ICI Pakistan to acquire Wyeth Pakistan assets for Rs 1.91b

ICI Pakistan has entered into an agreement with Wyeth Pakistan Limited to acquire its manufacturing facility along with purchasing of its other...

State Life says not affected by WannaCry ransomware

In the last week, a massive attack of ransomware malware had affected thousands of computers across the world. There have been some...

Sindh Insurance Limited achieves A+ rating

The Sindh Insurance Limited ‘IFS rating’ has been upgraded by the Pakistan Credit Rating Agency (PACRA) to “A+”. This is the one of...

GIS launched in Sindh to conduct property professional tax survey

On the directives of Sindh Excise and Taxation and Narcotics Control Minister Mukesh Kumar Chawla, the department has launched a Geographical Information...

Chinese experts to visit Pakistan on June 5, review PEZs

A delegation of Chinese experts would visit Pakistan on June 5 to review the suitability of Prioritized Economic Zones (PEZs) in Sindh...

Trade ministry demands tax relief to halt decline in exports

The newly appointed Secretary Commerce Younas Dagha took up cudgels on Sunday to bare reasons for the consistent decline in exports during...

GB to tax CPEC containers passing through its territory

While things are not clear about the possible taxes, duties (Import tax/ duty, Toll tax, Port clearance charges etc) to be charged...

PSX to introduce post-close session

The MSCI Inc. has announced the implementation of their reclassified Pakistan-inclusive EM Index. The commencement date of this implementation has been set...

Full-day report: KSE-100 witnesses bearish trend, closes the week in red

The Pakistan Stock Exchange (PSX) retreated further, closing the week in red with losses. Investors have been busy remodelling their portfolios ever...

e-IPO system now available for upcoming initial public offerings

With the launch of the centralized e-IPO system, upcoming initial public offerings could be available for subscription using this system. The e-IPO...