Honda Atlas increases prices of its vehicle lineup
Honda Atlas Cars (Pakistan) Limited on Friday increased the prices of its vehicle lineup. The new tariff will be effective from October...
Pakistan’s gross public debt surged by 16.6% during FY18
The report said major growth in public-sector enterprises debt and loans for commodity loans and external liabilities drove Pakistan’s total debt and liabilities (TLDL) to 86.8 percent of GDP at end of June 2018 compared to end-June 2017
APG group recommends various actions to help Pakistan get out of grey list
The source told that Pakistan is in conformity with over 50% of the recommendations.
Gwadar could likely become Pakistan’s version of Shenzhen
Chinese companies were doing much infrastructure construction work in Pakistan, and they had invested about $19 billion and participated in more than 20 major projects
Pakistan’s direct investment dips by 42pc in Q1
KARACHI:Â The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year...
WSJ accuses Abraaj founder Arif Naqvi of ‘heavy embezzlement’
Naqvi denies reports, says it’s based on isolated extracts from illegally obtained documents
Indus Motors jacks up prices of Corolla for fourth time this year
Indus Motor has hiked the prices by Rs50,000 for Toyota Corolla XLI to Rs1.944 million till December and it will see a further rise of Rs50,000 in January to Rs2.044 million
FBR increases regulatory duty on 570 imported items by 5 to 10pc
ISLAMABAD:Â The Federal Board of Revenue (FBR) has increased the regulatory duty (RD) by 5 to 10 per cent on the import of...
ECC defers power tariff hike, approves subsidised gas supply for export industries
RLNG supply to five export-oriented sectors to cost taxpayers Rs63.5bn despite having no budgetary allocations
Info minister says power sector subsidies...
GNL working with Nissan Motor Japan for localization of parts
Ghandhara Nissan said NML teams had paid a visit to domestic suppliers for determining their quality and capacity, however, the majority of them didn’t qualify as per the global standards set by NMI
IMF bailout package to be tabled before parliament for approval: Asad Umar
Umar said $12 billion were required to fill the current account deficit, which was essential for the country's economic stability
Rs182 billion additional tax set to be levied
Additional customs duty on approximately 6,000 items is expected to be raised from 2% to 3% via the tax regulators recommended SRO, which will raise an additional revenue of over Rs50 billion for the FBR, sources said
FBR sends notices to 340 potential tax evaders
A big percentage of the identified high net worth individuals belong to areas that don’t fall under the purview of the federal government’s tax jurisdictions
Govt prepares summary for hike in electricity tariff
Price per unit is expected to rise to Rs3.75
ISLAMABAD: The federal government has prepared a summary regarding a hike in power...
Rupee plunges by Rs1.31 against dollar in inter-bank market
On Friday, the rupee had regained a further Rs1.87 or 1.4% against the dollar in inter-bank trading to close at Rs131.9318