Remittances grow by 11.3pc to $15.8bn in H1FY22

ISLAMABAD: Workers remittances grew by 11.3 per cent to $15.8 billion during the first half of the current fiscal year (H1FY22) as...

Govt gets ‘mini-budget’ & SBP amendment bill passed in NA

ISLAMABAD: Federal government Thursday got the Finance (Supplementary) Bill 2021, also called as 'mini-budget' by the opposition parties, sail through the National...

Zia Chishti out as TRG Pakistan elects new board

KARACHI: TRG Pakistan, at an Extraordinary General Meeting (EoGM) held on January 11, elected a new board of directors which saw the...

NITL denies launching govt’s Rs1bn venture capital fund for startups 

The National Investment Trust Limited (NITL) of the government of Pakistan has also denied launching a Rs1 billion venture capital fund announced...

Finance committee summons report on Metro Shoes raid from FBR

ISLAMABAD: The Senate Standing Committee on Finance Revenue and Economic Affairs has directed the Federal Board of Revenue's (FBR) Chairman to submit...

Govt will deal strictly with all involved in ‘artificial shortage’ of urea: PM

ISLAMABAD: Prime Minister Imran Khan has said that there is no shortage of urea and the country has 25,000 tonnes daily production...

Scores of Pakistanis defrauded of Rs17.5bn on apps linked to Binance 

LAHORE: Sindh Federal Investigation Agency (FIA) Cyber Crime unit Thursday summoned a representative of global cryptocurrency exchange Binance in a scam estimated...

NA session on Jan 10 to consider approval of ‘mini-budget’

The government is all set to convene the National Assembly (NA) session on January 10 for holding a debate on the Finance...

Finance committee rejects proposals to increase sales tax on various items

ISLAMABAD: The Senate Standing Committee on Finance Revenue and Economic Affairs has rejected proposals to impose a 17 per cent sales tax on...

China to deliver 50,000 tonnes urea on February 10

Information Minister Fawad Chaudhry Thursday said that the first cargo ship carrying urea will reach Pakistan on February 10 from China whereas...

Tarin to launch FBR’s national sales tax return today

ISLAMABAD: Finance Minister Shaukat Tarin will on Friday will launch the Federal Board of Revenue's (FBR) National Sales Tax Return (NSTR) in...

Roshan Digital Account inflows reach $3.16bn by 2021-end: SBP

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that cumulative inflows under the Roshan Digital Account (RDA) reached $3.16 billion...

FBR increases sales tax rate on POL products

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday notified that sales tax rates on petroleum products have been raised. According to the...

Apple becomes first company to hit $3tr market value, then slips

NEW YORK: Apple Inc on Monday become the first company to hit a $3 trillion stock market value, before ending the day...

SBP launches licensing, regulatory framework for digital banks

The State Bank of Pakistan (SBP) on Monday unveiled a licensing and regulatory framework for digital banks with an aim to introducing...