OGRA announces Rs14.31 per kg cut in LPG price for December
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday announced a Rs14.31 per kilogramme cut in the prices of Liquefied Petroleum...
FBR exceeds tax collection target set for 5MFY22
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs2,314 billion tax during the first five months of the current fiscal year...
Covid-19 audit reveals Rs5.24bn corruption by USC
ISLAMABAD: The federal government on Monday released the audit report of expenditures made under COVID-19 related measures, revealing irregularities worth Rs5.24 billion...
FBR tightens noose around real estate agents, developers
ISLAMABAD: The Federal Board of Revenue (FBR) has ordered real estate agents, builders and developers to obtain registration certificates before January 1,...
Rupee slumps to new historic low of 176.20
The Pakistani rupee lost more ground on Monday, plunging to an all-time low of Rs176.22 against the United States (US) dollar in...
SSGC suspends gas supply to CNG stations across Sindh, Balochistan till Feb 15
ISLAMABAD: The Sui Southern Gas Company Limited (SSGCL) on Monday announced to suspend gas supply to the CNG sector in Sindh and...
Cabinet to abolish Rs350bn tax exemptions
ISLAMABAD: The federal cabinet will approve the Tax Laws (Fourth Amendment) Bill to abolish Rs350 billion tax exemptions and restore the standard 17...
President Alvi stresses trade, investment integration among ECO states
ASHGABAT: President Dr Arif Alvi has underlined the need for integration among Economic Cooperation Organisation (ECO) states in terms of trade and...
Karachi’s Green Line bus project to begin operations on Dec 25: Asad Umar
ISLAMABAD: The much-delayed Green Line bus project in Karachi appears close to completion as Planning Minister Asad Umar on Sunday said that...
SSGCL cuts gas supply to non-export industries to facilitate domestic consumers
ISLAMABAD: In adherence to Petroleum Division’s priority order for gas load management, Sui Southern Gas Company Limited (SSGCL) has suspended gas supplies...
No new taxes but exemptions to be withdrawn: Tarin on mini-budget
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said the government will not impose any new taxes...
Petrol dealers call off strike as govt gives in to their demands
ISLAMABAD/LAHORE/KARACHI: The All Pakistan Petrol Pumps Dealers Association late Thursday called off its nationwide strike following reaching a deal with the government’s team...
Tarin to launch Pakistan’s first third party clearing service provider for PSX
ISLAMABAD: Finance Minister Shaukat Tarin will soon officially launch Pakistan’s first Professional Clearing Member (PCM) e-Clear services, an entity set up by...
Central bank predicts 4-5pc GDP growth in FY22
KARACHI: The State Bank of Pakistan (SBP) has projected the economy to grow strongly in the range of four to five per...
Pakistan’s continued commitment to reforms could lead to rating upgrade: Fitch
LAHORE: Continued adherence to the IMF's Extended Fund Facility (EFF) reform agenda would increase the likelihood of achieving outcomes that would lead...