Textile policy likely to be approved on 15th

'Approval got delayed owing to PM's focus on sugar, wheat crises'
Tax evasion

Excise dept reports more than 50pc shortfall due to property tax evasion

LAHORE: Despite huge evasions in property taxes, Punjab’s Excise, Taxation, and Narcotics Control Department (ET&NC) has collected almost Rs6.24 billion in property taxes...

SC wants Punjab to shut down 56 govt companies

ISLAMABAD: The Punjab government has decided to shut down “unnecessary” companies opened during previous tenures. Punjab Advocate General Sardar Ahmed Jamal Sukhera informed the...

Banks asked to improve digital payment system

KARACHI: The State Bank of Pakistan on Monday directed the banking industry to improve acceptance of payment cards across the country. The directive...
UK-EU

Pound falls on fears of ‘bare bones’ EU trade deal

The pound has fallen in value as comments from Prime Minister Boris Johnson renewed concerns the UK faces leaving the EU without...

‘Operational challenges’: Qatar Airways suspends flights to China

Qatar Airways has taken the decision to suspend flights to mainland China from Monday (3 February) until further notice due to significant...

SECP amends rules to ensure investor protection

LAHORE: The Securities and Exchange Commission of Pakistan (SECP), in a bid to minimize custody risks and safeguard investors, has approved amendments...

SAPM stresses on alternative energy resources

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar on Monday stressed the need to take practical measures to produce...

Gas price hike on agenda as ECC meets tomorrow

ISLAMABAD: The federal cabinet's Economic Coordination Committee (ECC), which is scheduled to hold a meeting tomorrow (Tuesday), is likely to approve the...

IMF concerned over expected change of face in FBR

--Officials say 'change in FBR admin may further reduce revenue collection' --IMF delegates not happy with delay in appointments of financial advisers for...
Urea fertiliser

Urea sales likely to register 67pc drop in January

LAHORE: Urea sales in Pakistan are likely to fall by 67 per cent to 187,000 tonnes YoY in January 2020, as compared...

IHC annuls notification dismissing CCP chairperson Vadiyya Khalil

Judge says govt cannot dismiss officials without following rules and procedures
pak-germany-flags

Germany keen to enhance trade with Pakistan: envoy

'Two German delegations will soon visit Pakistan to explore business collaborations'

Finance ministry seeks to calm inflation fears

'Change of weather and better supply of vegetables should decrease price pressure'

Tractor production falls 35pc in 1HFY20

ISLAMABAD: The manufacturing of farm tractors in the country decreased by 35.84 per cent to 16,661 units during the first six months...