Govt mulls offering tax breaks to 20 industrial sectors: Dawood
Adviser to Prime Minister on Commerce Abdul Razak Dawood has said Pakistan was considering offering tax breaks to various industries with export...
Disparity in sugar prices irks PM
ISLAMABAD: Prime Minister Imran Khan has expressed serious concerns over mounting sugar prices in the country.
As per the documents available with this...
NA panel calls for early formation of ZTBL board
ZTBL president urges govt to announce a bailout package in order to help the bank avert prevalent crisis
Cement exports decline 5.2pc in five months
ISLAMABAD: The export of cement witnessed a decrease of 5.27pc during the first five months of the current financial year (FY20) as...
Revised revenue target to be reviewed in upcoming quarters: IMF
--Official stresses implementation of Public Finance Management Law to ensure fiscal discipline in Pakistan
--Says a joint working group will be constituted by...
Uber founder Kalanick leaves board of directors
Uber Technologies Inc on Tuesday said its founder and former CEO Travis Kalanick will resign from the company’s board of directors by...
Cabinet decides to reduce prices of 89 medicines
With an aim to provide relief to people, the federal cabinet has decided to reduce the prices of 89 medicines, including life-saving...
IMF cuts Pakistan’s revenue target by Rs265bn
--'Tax collection target has been revised to Rs5.238tr keeping in view slippages in fiscal discipline, expenditures and revenue targets'
--'A potential blacklisting by...
Bulls return to bourse, lift KSE-100 by 320 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday as the bulls who were nowhere to be seen by...
Former finance minister Miftah Ismail gets bail in LNG case
ISLAMABAD: The Islamabad High Court (IHC) on Monday granted bail to former finance minister Miftah Ismail in the liquefied natural gas (LNG) case.
A...
Crackdown on income tax defaulters from March 2020, NA body told
ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 200,000 income tax defaulters and that the board would initiate...
ECC approves Rs6bn subsidy for Utility Stores Corporation
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a grant of Rs6 billion as subsidy for the Utility Stores Corporation.
The approval...
Boeing CEO ousted as 737 MAX crisis deepens
WASHINGTON: Boeing Co has ousted Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin...
Govt, stakeholders fail to reach consensus on urea price
--Fertiliser sector says OGRA-proposed gas price increase will have a direct impact on the cost of urea production
--Govt reaffirms that 'gas price...
‘World Bank willing to invest in PIA’
ISLAMABAD: Pakistan International Airlines (PIA) Chief Executive Officer (CEO) Air Marshal Arshad Malik said on Monday that the World Bank was willing to...