FBR deprives hundreds of overseas Pakistanis from availing tax amnesty scheme
A circular issued by the FBR on October 24th effectively deprives those overseas Pakistani's from availing the benefits of the tax amnesty scheme who had declared their foreign assets worth Rs155 billion
King Long Automotive to setup assembly plant in Lahore for producing buses
The official said the project is projected to rope in an investment of around $200 million
HBL reinventing itself under new president
The HBL CEO aims to transform it into an IT company with a banking license
BankIslami becomes victim of $6.5 million cyber-attack
Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.
NEPRA grants license for 11.80MW hydel power plant in KP
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...
Finance ministry calls first meeting over NFC awards on 31st
ISLAMABAD: The Ministry of Finance is going to hold its first Fiscal Coordination Committee (FCC) meeting this week to discuss the annual...
Loss-making PIA increases salaries by Rs915mn
‘With the same amount, PIA could have changed a large proportion of the obsolete and non-operational IFES’
LAHORE: The Pakistan International Airlines (PIA) will...
Qatar indicates it will not object renegotiation on LNG deal
ISLAMABAD: As Pakistan intends to renegotiate the Liquefied Natural Gas (LNG) contract with Qatar, the foreign country has reportedly indicated that it will...
Bullish trend at PSX as index gains 5.5pc in week
LAHORE: The Pakistan Stock Exchange (KSE 100 Index) closed on a bullish trend on Friday having increased 2,126 points since the last week.
The...
Pakistan requests UAE to give deferred payment facility for oil imports: Shah Mehmood Qureshi
The foreign minister said the UAE delegation had expressed an interest in establishing an LNG terminal in Pakistan
Lack of LNG import causes Rs12bn loss to Pakistan in six months
Sources say influential furnace oil lobby has been holding sway over the entire power division
Pakistan PM Khan, in search of loans, to visit China next week
On Wednesday, Khan said Pakistan was also in discussions with two “friendly nations” for more loans, with analysts saying one of those countries was China
Govt holds NEPRA responsible for power tariff hike
Finance Minister Umar says tariff increase will generate additional Rs130bn, will not affect 70pc consumers
Asserts no conditions attached to Saudi bailout,...
FIA report says lackadaisical attitude could cost Pakistan dearly with FATF
FIA has told the prime minister that due to a poor response of the departments linked to APG, the position was bleak for Pakistan and is presently in jeopardy of being moved into the blacklist category
Govt removes stipulation permitting non-filer overseas Pakistani’s to purchase property
The government issued a circular disclosing the stipulation on purchase/transfer of property having a value over Rs5 million by non-filers was not applicable to legal heirs procuring property via inheritance