Country heading towards economic stability: Faraz

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz has said that State Bank of Pakistan’s (SBP) foreign reserves have increased to $12.5...

PM to inaugurate Peshawar BRT on Thursday: minister

PESHAWAR: Khyber Pakhtunkhwa Minister for Labour and Culture Shaukat Yousafzai has said that Bus Rapid Transit (BRT) project has been completed and it...

PM to decide on OGRA chief’s appointment soon

Selection committee shortlists five candidates for OGRA's top slot

Cabinet approves appointment of Shahid Mahmood Khan as PARCO managing director

ISLAMABAD: Opposing the recommendations of the Petroleum Division, the federal cabinet has approved the appointment of Shahid Mahmood Khan as the Managing...

Govt urged to ensure uniform rates for domestic, imported LPG

LAHORE: Pakistan Liquefied Petroleum Gas (LPG) Marketers Association (PLPGMA) on Tuesday urged the government to ensure uniform rate of General Sales Tax...

KP Social Welfare Dept ‘illegally’ transfers Rs105.6m to bank accounts: AGP report

PESHAWAR: The Khyber Pakhtunkhwa (KP) Social Welfare Department has transferred Rs105.6 million to different bank accounts without the permission of the KP...

NA body approves amendments to money laundering law amid strong opposition

ISLAMABAD: As opposition members stood against legislation regarding Anti-Money Laundering (AML), the National Assembly Standing Committee on Finance, Revenue, and Economic Affairs...

Govt shortlists HSBC UK employee for FBR’s CIO position

The UK-based tech expert, who is likely to be appointed as FBR's chief info officer for three years, will be given the task to automate Pakistan's tax collection system

FBR directed to clear income tax refunds of up to Rs50m within one week

ISLAMABAD: The Federal Board of Revenue (FBR) has been directed to pay income tax refunds up to Rs50 million within one week. A...

Govt likely to appoint ‘blue-eyed official’ as PARCO managing director

ISLAMABAD: The federal cabinet, in its upcoming meeting, is likely to approve the appointment of Pak Arab Refinery Limited (PARCO) managing director,...

FIA starts investigation into sugar export to Afghanistan

ISLAMABAD: The Federal Investigative Agency (FIA) has started an investigation into the sugar export to Afghanistan. Documents state that FIA has written a...

Govt’s ‘smart lockdown strategy’ proved beneficial for businesses, traders say

ISLAMABAD: The business and traders' community has hailed the government’s smart lockdown strategy adopted during Covid-19, saying that it benefited the local...

SBP increases loan limits, expands relief measures for microfinance borrowers

Limit for housing finance and microenterprise loans has been increased from Rs1 million to Rs3 million

NA committee to deliberate proposed amendments in anti money laundering act

ISLAMABAD: National Assembly (NA) Finance Committee will deliberate on the proposed amendments in the Anti Money Laundering Act 2010 in a meeting...

200,000 Pakistani workers could not go abroad due to Covid-19, says POEPA chairman 

ISLAMABAD: Pakistan Overseas Employment Promoter Association (POEPA) Chairman Sarfaraz Zahoor Cheema on Sunday said that over 200,000 Pakistani workers could not go...