Pakistan neglects tax reforms in drive to improve ease of doing business

ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...

SECP issues anti-money laundering guidelines for non-profits

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) guidelines for Non-Profit Organisations...

Revenue from cigarette industry surges by Rs88.54bn in 2017-18

KARACHI: On a report of the Public Accounts Committee (PAC) submitted on May 23, the National Accountability Bureau (NAB) has initiated an investigation...

PM directs petroleum ministry to address gas theft

LAHORE: Prime Minister Imran Khan today directed the Petroleum Division to chalk out a comprehensive plan for checking gas theft in the country...

FBR launches offline mode App for taxpayers to file returns

ISLAMABAD: The Federal Board of Revenue (FBR) has launched an application enabling taxpayers to file Income Tax Return and Wealth Statement without...

Appointment of FMU DG a herculean task as country faces FATF grey list challenge

ISLAMABAD: It could be a daunting task for the government to appoint the new Director General (DG) of Financial Management Unit (FMU),...

Funds from possible IMF bailout won’t be utilized to repay Chinese debt: Report

China had exhibited flexibility in its negotiations with Pakistan regarding terms and conditions of loans obtained, said Pakistan’s General Consul in Hong Kong

Supreme Court dismisses petition challenging merger of KASB-BankIslami

In July, SBP also disposed of all the objections raised by the shareholders regarding the amalgamation of the defunct KASB Bank into BankIslami

Cabinet to ratify decisions regarding import of vintage cars, cars for disabled persons

ISLAMABAD: The federal cabinet will ratify decisions taken by the previous government pertaining to import 50-year-old vintage cars and up to 1350cc...

US cancels $300 million aid to Pakistan over record on militants

The Trump administration says Islamabad is granting safe haven to insurgents who are waging a 17-year-old war in neighbouring Afghanistan, a charge Pakistan denies.

PTI names relatively less experienced EAC team

The regular half a dozen senior ones jettisoned

Suki Kinari Hydropower Project set to make KP self-sufficient in power

Two more projects have been announced by KP government at Batakundi (96 MW) and Naran (188MW) – both upstream of the Suki Kinari project

FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month. The returns can now be filed...

PTI govt may not be able to finalise 9th NFC award for resource constraints 

ISLAMABAD: While the government of Pakistan Tehrik-e-Insaf (PTI) has announced that it has initiated the process of preparing the next National Finance...