Govt makes taxation simpler to attract even more ‘hot’ money

KARACHI: The State Bank of Pakistan (SBP) has announced amendments in the Income Tax Ordinance, 2001, to simplify the tax regime for...

Asad Umar stresses need to develop indigenous mineral resources 

ISLAMABAD: Planning, Development & Special Initiatives Minister Asad Umar on Thursday chaired a meeting to review the works of Pakistan Mineral Development Corporation...

Etisalat submits proposal for settlement of PTCL dispute

Finance adviser asks relevant secretaries to come up with a final proposal by the end of this month

Govt imposes severe penalties on smuggling gold, currency abroad

ISLAMABAD: In a bid to curb money laundering and to meet the conditions of the Financial Action Task Force (FATF), the government...

Transporters to observe nationwide strike today

The transporters have announced to hold a nationwide strike on Thursday (today) owing to toll taxes and other increased fines in the...

Amid delays, Diamer-Bhasha’s PC-1 cost surges 68pc

WAPDA yet to acquire land for the dam's site despite all financial and administrative support

December inflation clocks in at 12.63pc 

ISLAMABAD: Inflation rose to 12.63 per cent on a year-on-year basis in December 2019, as compared to the same month of last year,...

NEPRA notifies Rs1.56 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.56 per unit hike in power tariff, which would be charged from the...

Uber to give 20pc discount if you are travelling by train

Pakistan Railways expects to make an additional Rs10bn from freight this year

CDWP approves eight projects worth Rs13bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved eight projects worth Rs13 billion and recommended five others worth Rs112.20 billion...

China lowers import tariffs for Pakistan, others

'Pakistan can now export up to 1,047 products to China without paying any duty'

Amended NAB ordinance includes clause to ‘benefit’ accused property owners

Measure introduced to curb NAB's tendency of estimating properties at excessive market values to blow up the case

Hafeez Shaikh urges FBR to strive for optimal resource mobilisation

'Robust communication with public and stakeholders should be at the centre of every activity undertaken by FBR'

GCC countries remain top destination for Pakistani workers in 2019

Over half a million Pakistani workers proceeded to the GCC countries in 2019, constituting some 95pc of the total outgoing manpower

Pakistan to welcome New Year with further hike in POL, gas prices

POL prices likely to be increased by up to Rs3.10, while LPG price expected to surge by Rs20 per kg from Jan 2020