Pakistan must mobilise tax revenue to ensure development: IMF

International Monetary Fund (IMF) spokesperson Gerry Rice has said that Pakistan needs to mobilise domestic tax revenue to fund the "much needed"...

‘Pakistan desires to make Ethiopia a gateway to African exports’

PM's adviser says commerce ministry will soon open a commercial section in Pakistan's Embassy in Addis Ababa Ethiopian minister says his...

PM gives in-principle approval to construction sector as ‘industry’

Prime Minister Imran Khan on Thursday declared the construction sector as an industry by giving an in-principle approval, Radio Pakistan reported. The approval...

Russia’s ExpoBank takes keen interest in Pakistan’s financial sector

ISLAMABAD: Expobank Chairman Igor Vladimirovich Kim has expressed keen interest to invest in Pakistan's financial sector. Talking to Privatisation Minister Muhammad Mian Soomro...

What does Babar Ali want to do with IGI Holdings?

It is practically an axiom in the world of corporate strategy: if you consolidate several separate businesses under a single holding company,...

Alleged corruption, favouritism leaves NIRC in shambles

ISLAMABAD: The operations of the National Industrial Research Commission (NIRC), an attached department of the Ministry of Overseas Pakistanis and Human Resource Development,...

‘Pakistan won’t renegotiate IMF programme despite ambitious targets’

MoF places high interest rate, currency devaluation and shortfall in FBR revenue among reasons behind fiscal deficit Says standoffs at Pak-India...

FBR officials directed to record all interactions during market visits

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) officials to ensure on-the-spot recording of all official interactions...

Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...

Govt to surpass 2.4pc growth target, says finance adviser

Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues Says overall CAD reduced by 73pc due to considerable increase...

ECC approves simplification of tax regime for non-resident companies

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved separate proposals for the simplification of tax regime for non-resident companies investing...

Imran takes U-turn on GIDC waiver

PM directs attorney general to approach Supreme Court for urgent hearing of pending litigation Says taxes were written off in...

GIDC waiver doesn’t benefit individuals, PM claims

ISLAMABAD: Petroleum Minister Omer Ayub on Tuesday said the decision to waive off Rs208 billion in taxes to the wealthy industrialists was taken...

Symposium highlights need to promote behavioural economics in Pakistan

LAHORE: Punjab Finance Minister Makhdum Hashim Jawan Bakht said on Tuesday that the government has developed a new organogram for Punjab province to...

PM meets top businessmen, assures facilitation

ISLAMABAD: Prime Minister Imran Khan on Tuesday reiterated that the government was striving hard to provide all possible facilities to businessmen in...