Pakistan-IMF talks for release of $1bn loan tranche remain inconclusive

Pakistan and the International Monetary Fund (IMF) have once again failed to reach a staff-level agreement at the scheduled time because of...

Pakistan opens air route to facilitate Afghanistan transit trade

Pakistan has opened its air trade route for the first time to commercial cargo destined to landlocked Afghanistan to help its war-torn...

PSX set to launch new trading system acquired from Shenzhen Stock Exchange

ISLAMABAD: The Pakistan Stock Exchange (PSX) is going to launch this month a new trading system acquired from the Shenzhen Stock Exchange...

Petrol price jumps to Rs137.79 after Rs 10.49 per litre increase

ISLAMABAD: The federal government on Saturday raised the price of petrol by Rs10.49 per litre and that of high speed diesel (HSD)...

Shaukat Tarin’s tenure as finance minister ends

ISLAMABAD: The government on Friday decided to appoint Shaukat Tarin as the Adviser to Prime Minister on Finance, as his six-month tenure...

Govt announces Rs1.39 per unit hike in power price from Nov 1

ISLAMABAD: The government on Friday decided to increase the power tariff by Rs1.39 per unit which will be applicable from November 1. In...

Petrol prices likely to be raised by up to Rs9

The government may increase the petroleum prices by up to Rs9 per litre for the next 16 days if it goes by...

Pakistan Pavilion receives 55,000 visitors in opening week of Dubai Expo 2020

ISLAMABAD: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Thursday announced that the Pakistan Pavilion received 55,000 visitors...

Govt mulling withdrawal of tax exemptions

The government is mulling over a presidential ordinance to withdraw sales tax exemptions, zero-rating, and reduced sales tax rates to the tune...

Tarin hopeful on success of IMF negotiations, resumption of $6bn programme

ISLAMABAD: Federal Minister for Finance Shaukat Tarin on Thursday expressed hope that top-level negotiations between Pakistan and the International Monetary Fund (IMF)...

Rupee continues setting lows against dollar, plunges to 171.13

KARACHI: Pakistani rupee plummeted to a fresh all-time low of 171.13 against the US dollar on Wednesday, breaching a day earlier low...

FBR to revise rates for valuation of immovable property

The Federal Board of Revenue (FBR) has decided to revise the rates for the valuation of immovable property in major urban centres...

FBR to freeze bank accounts without warning  

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday reinstated field formations with the power to freeze bank accounts of taxpayers for...

Petrol prices feared to surge again

The price of petrol is likely to be increased by Rs7 per litre and high speed diesel (HSD) by Rs10 per litre...

Tarin to begin policy level talks with IMF this week

Finance Minister Shaukat Tarin will leave for Washington on Tuesday to kick off policy level talks with the International Monetary Fund (IMF)...