FBR to expedite operation against tax evasion
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Javed Ghani on Saturday directed all FBR field offices to expedite operation against tax evasion.
A...
IMF to provide $364m to Afghanistan for economic reforms
WASHINGTON: The International Monetary Fund (IMF) has reached a staff-level agreement with Afghanistan to provide a $364 million loan to the country...
Power plants installed during PMLN’s tenure helped end power crisis, says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razaq Dawood on Saturday gave credit to the...
PM Khan says ‘Blue Economy’ policy to revitalise shipping sector, save foreign exchange
Prime Minister Imran Khan on Saturday congratulated the Ministry of Maritime Affairs for finalising the ‘Blue Economy’ policy saying that it will...
Nine KP departments await release of ADP funds
PESHAWAR: Despite the approval of Rs317 billion for Khyber Pakhtunkhwa’s (KP) Annual Development Programme (ADP) for fiscal year 2020-21,the KP Finance Department...
PIA likely to resume flights to EU within two months, says aviation minister
Aviation Minister Ghulam Sarwar Khan on Friday said that the government is using all diplomatic and technical means to resume Pakistan International...
Sales of two-wheeler, three-wheeler vehicles shoot up after ease in lockdown
KARACHI: As Covid-19 lockdown began to ease, the sales of motorcycles gained momentum in the past month, a national daily reported.
Association of...
Federal govt spent less than half of Covid aid funds by end of fiscal year
ISLAMABAD: The federal government was only able to spend less than half of funds dedicated for tackling the impact of the coronavirus...
PM promises better maritime performance, nods to new shipping policy
ISLAMABAD: Prime Minister Imran Khan expressed his approval and hopes from the new shipping policy through a tweet on Saturday. He wrote,...
Waves Singer appoints new executives, moves into real estate
KARACHI: Pakistan’s home appliances manufacturer Waves Singer Pakistan Limited (Waves) filed intimation to the Pakistan Stock Exchange (PSX) on August 13, informing...
PIA to file another appeal to EASA by August end
KARACHI: Pakistan International Airlines (PIA) has decided to continue its efforts in getting European Air Safety Agency (EASA)’s ban on flights lifted....
FBR unearths Rs134.45m tax evasion; industrialist held
ISLAMABAD: The Directorate of Intelligence & Investigation (Inland Revenue), Faisalabad, unearthed Rs134.453 million sales tax evasion and arrested an industrialist on Friday.
According...
Chinese firms hit by new import hurdles in India
NEW DELHI/SHANGHAI: Chinese firms like Xiaomi are facing delays getting approvals from India’s quality control agency for their goods, five industry sources...
SBP’s export facilitation schemes entail substantial financial cost: WB
World Bank study suggests SBP reassess the refinancing rates it offers to commercial banks with a view to making export financing schemes more cost-effective
Oil slips below $45 on demand doubts, rising supply
LONDON: Oil edged further below $45 a barrel on Friday, giving up much of this week’s gain, under pressure from doubts about...