Salaried class to suffer as govt mulls reversing income tax slabs

Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn ISLAMABAD: In an effort to increase the tax revenue...

The CEO of Alfalah’s brokerage house has resigned after a billion rupee loss on his watch. Was it simple mismanagement or something more?

With Bank Alfalah stepping in to rescue the brokerage house, the question remains as to why?

Use of rupee increased in Afghanistan

PESHAWAR: Circulation of the Pakistani rupee has increased in many provinces of Afghanistan after the collapse of banking system in the neighbouring...

How Musadaq Zulqarnain became a billionaire by selling socks

In 1992, two brothers Musadaq Zulqarnain and Naveed Fazil along with their friend Tariq Iqbal Khan, set out to establish a company...

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

Islamabad’s ‘superficial’ lifestyle did not suit me, says ex-FBR chairman

LAHORE: Former Federal Board of Revenue (FBR) chairman Shabbar Zaidi has cited Islamabad’s ‘superficial lifestyle’ as one the reasons behind his resignation. “The...

The death of Maggi noodles

It is an iconic brand. At least two generations of Pakistanis have grown up with it. But Maggi noodles – the brand...

Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are selling on it anyway

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

FBR freezes Telenor Pakistan’s bank accounts in recovery action, company files for stay

The Federal Board of Revenue (FBR) has frozen the bank accounts of Telenor Pakistan, alleging income tax default amounting to approximately Rs3.5...

Telenor finally packs up shop from Pakistan, what all will change?

With PTCL acquiring Telenor Pakistan, who is set to benefit the most from the deal?

Has USD to PKR rate peaked? 

LAHORE: The value of the dollar fell by almost Rs 5 in the early trade on Tuesday, as the greenback settled the...

FIA clears six names in Hascol scam. But on what grounds?

Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar. 

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

As Bjarke leaves Daraz, more layoffs on the cards at Pakistan’s biggest eCommerce company

Up to 25% workforce at Daraz expected to be slashed, including people in senior management

Can a MiniSo franchise make you a millionaire overnight?

Ask the scholars that spend decades obsessing over Japanese aesthetics and they will tell you tales of loft ideals and an ideology...