‘No doubt’ India was behind PSX attack, says PM Imran in NA
–PM pays tribute to security forces, says four attacks, including two around Islamabad, were timely thwarted
–Says despite govt’s efforts to revive economy...
Sindh refuses to collect taxes for federal govt until FBR refunds Rs8bn: report
The Sindh government led by Chief Minister Murad Ali Shah has refused to collect taxes for the Federal Board of Revenue (FBR)...
Change in provincial regulatory frameworks imperative for business facilitation: PM’s aide
--Dr Ishrat Hussain says local govts must introduce administrative and regulatory reforms in favour of businesses
--Razaq Dawood says CEO of US Int'l...
Asad Umar for uninterrupted power supply to Karachi
ISLAMABAD: Federal Minister for Planning and Development Asad Umar on Monday directed officials at the Power Ministry to ensure uninterrupted supply of...
’12-minute situation’: PSX condemns terrorist attack
MD terms terrorist attack 'an attempt to scare away investors from Pakistan', lauds security personnel for 'defusing the situation within no time'
OGRA imposes Rs15m penalty on three OMCs
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Monday imposed a total penalty of Rs15 million on three Oil Marketing Companies (OMCs)...
Four steel companies issued tax evasion notices
FBR seeks from the companies info regarding their involvement in tax evasion of up to Rs50bn per year
Pakistan launches electric vehicle plan with cars in slow lane
LAHORE: Ghulam Hussain was used to zipping through the streets of Lahore with his wife and three young children perched perilously on his...
Covid-19 an opportunity to initiate structural reforms in Pakistan, says WB economist
LAHORE: World Bank Senior Economist Gonzalo Varela on Monday said that the Covid-19 pandemic is an opportunity to initiate structural reforms in...
‘SBP’s principal deferral scheme to facilitate cash-strapped cement sector’
LAHORE: The State Bank of Pakistan (SBP) has introduced a principal deferral scheme whereby principal to be repaid in FY21 can be...
Amid heated debates, National Assembly passes Finance Bill 2020-21
–160 lawmakers vote in favour of Finance Bill, 119 against it
–Bilawal asks PM to 'either resign or seek forgiveness from people for...
Govt to import 1.4mn tonnes wheat to fulfill shortfall
ISLAMABAD: The federal government is likely to import 1.4 million tonnes of wheat at an estimated price of Rs1,929 per 40 kilogrammes...
Taxpayers urge FBR to extend Tax Amnesty Scheme till December 31
ISLAMABAD: A larger number of taxpayers have urged the Federal Board of Revenue (FBR) to extend the last date of Tax Amnesty...
FBR begins stocktaking of OMCs
The Federal Board of Revenue has begun stocktaking of Oil Marketing Companies (OMCs) after the government increased petrol prices by Rs25.58 on...
Closure of cargo sheds on Saturdays hampering supply of medicine, medical equipment, says FBR
ISLAMABAD: The Federal Board of Revenue (FBR) in a letter written to the aviation secretary has requested that air freight units and...