FBR exempts builders, developers from withholding income tax under FTS
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that builders and developers opting for the Fixed Tax Scheme (FTS) are not...
FBR shares CNICs of 0.1m unregistered persons to NADRA in a move to broaden tax base
ISLAMABAD: The Federal Board of Revenue (FBR) provided a list of 100,000 Computerised National Identity Card (CNIC) numbers of unregistered persons to...
China’s ByteDance to consider int’l HQ for TikTok, outside US
LONDON: Chinese tech company ByteDance said on Monday it was considering moving the headquarters of its TikTok video-sharing platform overseas, following a...
PIA sacks five more pilots over bogus licences
KARACHI: The Pakistan International Airlines (PIA) on Monday terminated five more pilots for possessing bogus flying licences.
According to a notification issued by PIA,...
Food prices continue to surge in KP
PESHAWAR: After the rise in the prices of flour and sugar in Khyber Pakhtunkhwa (KP), prices of fruits, vegetables and other general...
SMEDA increases R&D activities to further SME development in Pakistan
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has increased its Research and Development (R&D) activities aimed at planning the development of...
Aleem urges Sindh govt to release subsidised wheat to millers
Senior minister says Punjab alone cannot bear burden of entire country
Gold pulls back from record high on profit-taking, dollar strength
Gold prices retreated from a record high on Monday after investors booked some profits and the dollar rose, although concerns over rising...
WB approves $400m to help Pakistan combat locusts, reopen schools
ISLAMABAD: The World Bank has approved two projects worth $400 million for Pakistan with an aim to support interventions in reducing food insecurity...
Sharif Group’s CFO remanded in NAB custody for 14 days
LAHORE: An accountability court on Monday handed Chief Financial Officer (CFO) of the Sharif Group of Companies, Mohammad Usman to the National Accountability...
Export of transportation services falls 4.8pc to $758m
ISLAMABAD: Pakistan generated a revenue of $758.02 million by providing transportation services to different countries during the first 11 months (July-May) of...
Info ministry appoints Imran Ghazali to lead digital media wing
A seasoned media agency executive with industry expertise in digital content has been appointed the leader of digital media wing under the Ministry of Information and Broadcasting
Centre, provinces making all-out efforts to ensure wheat, flour supply at affordable prices: minister
ISLAMABAD: Minister for National Food Security and Research Syed Fakhar Imam on Monday said that the federal government in collaboration with the...
Oil steady as virus fears counter positive factory data
LONDON: Oil prices steadied on Monday as rising COVID-19 cases around the globe and oversupply worries fuelled by the prospect of OPEC...
Stocks gain 613 points on positive sentiments
KARACHI: Investors of the Pakistan Stock Exchange (PSX) returned after Eid holidays with positive sentiments, as the indices accumulated gains throughout the...