FBR loses Rs45bn revenue as fuel consumption drops
KARACHI: The Federal Board of Revenue (FBR) said on Tuesday that any further drop in the price of fuel, consumption of which...
Textile exporters call for restoration of zero-rating facility
APTMA chairman says it will be unfair to expect textile value chain to keep paying sales tax in the absence of cash flow
IHC restores 21 demoted ZTBL officers to previous scales
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday restored 21 demoted officers of Zarai Tarqiati Bank Limited (ZTBL) to their previous scales.
The...
3.8m internal migrant workers will likely be laid off as Covid-19 crushes economy
LAHORE: As many as 3.78 million internal migrant workers across the country are expected to be unemployed due to the outbreak of...
Gwadar Port operationalised for Afghan transit trade: Dawood
Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood on Tuesday announced that the Ministry of Commerce has operationalised Gwadar...
Telenor gives Rs50m cheque to PM for Corona Relief Fund
ISLAMABAD:Chief Executive Officer (CEO) Telenor Pakistan Irfan Wahab call on Prime Minister Imran Khan and presented a cheque of worth Rs 50...
NAB to probe wheat, sugar crisis: report
The National Accountability Bureau (NAB) has launched a probe into the wheat and sugar crises and the accountability bureau’s Rawalpindi director general,...
CCE decides to hold wrongdoers in power sector accountable
ISLAMABAD: The Cabinet Committee on Energy (CCE) on Monday decided to hold wrongdoers in the power sector accountable for their deeds.
Sources told this...
SBP sets Zakat nisab at Rs46,329 for 2020
KARACHI: The government on Monday set the ‘nisab for Zakat’ at Rs46,329 for the current year, a statement from the State Bank of...
Omar Ayub asks IPPs to lower power tariff
ISLAMABAD: Energy Minister Omar Ayub Khan on Monday held a meeting with the independent power producers (IPPs) to discuss lowering of tariff...
SBP directs banks to deduct zakat on amount up to Rs46,329
ISLAMABAD: The State Bank of Pakistan (SBP) on Monday directed all banks to deduct zakat from saving as well as profit and...
PSDP: Govt yet to release funds for 180 development projects
The federal government has not yet released funds for more than 180 development projects during the current financial year, causing a delay...
Govt allows import of wheat, sugar, fertiliser at Gwadar Port
ISLAMABAD: The federal government has allowed the import of wheat, sugar and fertilisers at the Gwadar Port and onward transit to Afghanistan...
Experts hail govt’s concessional package for construction industry
ISLAMABAD: Prominent economists, businessmen and associations have hailed the government for providing tax relaxations to builders and developers amid the prevalent crisis...
Over Rs53bn disbursed among deserving families: Sania Nishtar
ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Social Protection and Poverty Alleviation Dr Sania Nishtar said on Saturday a sum of Rs53.336...