FBR falls short of Rs6bn in revenue target for H1FY21
ISLAMABAD: The Federal Board of Revenue (FBR) collected net revenue of Rs2,204 billion of its six-month revenue target of Rs2,210 billion from July...
Govt reduces duty on goods imported from Afghan
PESHAWAR: The government has decided to reduce custom taxes on Afghan origin goods imported into the country via Torkham and Chaman borders...
SECP allows digital account opening
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Thursday introduced the ‘Digital Onboarding Mechanism’ (DOM) for investors of Asset Management...
Govt offers to clear outstanding dues of IPPs
ISLAMABAD: The government has offered to release Rs450 billion to clear outstanding bills of the Independent Power Producers (IPPs) in a bid...
PLL to allocate non-utilised LNG terminals to private sector
ISLAMABAD: Pakistan LNG Limited (PLL) has floated a tender, seeking bids to allocate idle LNG terminals to the private sector for a...
PTCL licence expired on December 31 last year
LAHORE: The Pakistan Telecommunication Company Limited (PTCL) licence has expired on December 31, 2020, it was learnt on Friday.
The PTCL has started...
PM okays petrol price hike by Rs2.31 against OGRA proposal of Rs10.68
ISLAMABAD: Prime Minister Imran Khan on Thursday approved an increase of Rs2.31 and Rs1.80 in the prices of petrol and diesel, respectively,...
FBR to register new entrants in 9 export-oriented sectors
ISLAMABAD: The federal board of Revenue (FBR) will start registration of new entrants in nine export-oriented sectors for availing concessionary tariff rates...
Global supply, uncertain subsidy mechanism may increase DAP price
LAHORE: The increasing price trend of Di-Ammonium Phosphate (DAP) in the international market is likely to exert pressure on local prices and...
Govt eyes Rs400bn revenue from Ravi City’s first phase
ISLAMABAD: Prime Minister (PM) Imran Khan on Thursday was told that work on Ravi City’s first phase spanned over 5,000 acres was...
Pakistan wants strong trade ties with Djibouti: President Alvi
ISLAMABAD: President Dr Arif Alvi has said that Pakistan wants to further improve economic ties with Djibouti for mutual benefit of the...
OGRA notifies massive raise of Rs16/kg in LPG prices for January
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday notified a record increase of Rs16 per kilogramme in the prices of...
IKEA might not be coming to Pakistan after all
Ambassador deletes tweet after sharing news; BoI, MoC, SECP unaware of development
PM announces extension of fixed tax regime for construction sector till end 2021
Prime Minister (PM) Imran Khan on Thursday announced that the fixed tax regime for the construction sector that was introduced earlier this...
Bitcoin rises above $29,000 after climbing 50pc in December
NEW YORK: Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, showing no signs of...