Energy entrepreneur Iqbal Z Ahmed seeks fairness and transparency
LAHORE: A senior member of the Associated Group Limited has shown extreme concern that it has been over 60 days since Mr Iqbal...
SBP reserves surge $443m to stand at $8.4bn
The foreign exchange reserves held by the central bank jumped 5.6pc on a weekly basis, according to data released by the State...
Govt starts restructuring BoDs of state-owned enterprises
ISLAMABAD: The government has started making changes to the Board of Directors (BoDs) of various state-owned companies, including the Sui Southern Gas Company...
Rs5.5bn collected through amnesty schemes, NA body told
--FBR chief says 135 individuals opted for tax amnesty scheme offered by PML-N govt in 2018, while 56 people availed PTI scheme...
Sindh govt orders K-Electric to pay Rs61.28m stamp duty fee
KARACHI: In an effort to recover the outstanding dues from different organisations, the Sindh government has ordered K-Electric Limited to pay at...
KSE-100 ends 105 points higher amid volatile trading
KARACHI: Investors of the Pakistan Stock Exchange (PSX) on Thursday witnessed a volatile trading session where the indices traded within a narrow range...
SECP proposes new broker regime, asks market participants for feedback
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has proposed new brokers regime for stock market brokers with financial resource requirements,...
Govt’s electric vehicle policy under fire from local industry
LAHORE: Local car manufacturers have expressed ‘shock’ and disappointment at the government’s introduction of the first electric vehicle policy.
A Japanese car manufacturer...
NAB opens inquiry against Millat Tractors MD; earlier nominated him to advise regarding business community
ISLAMABAD: The National Accountability Bureau (NAB) has decided to open an inquiry against Millat Tractors Managing Director Sikandar Mustafa Khan, who, ironically,...
Alternative Energy Board approves 11 wind power projects
ISLAMABAD: The Alternative Energy Development Board (AEDB) accorded approval for issuance of letters of support (LOS) for 11 wind power projects having...
World Bank to help raise country’s tax-to-GDP ratio
ISLAMABAD: The World Bank’s (WB) loan of $400 million for FBR will target raising the tax-to-GDP ratio to 17 percent by financial...
PM steps in to save civil servants from NAB prosecutions
ISLAMABAD: After a meeting with chief secretaries and federal secretaries to listen to their concerns vis-a-vis the National Accountability Bureau (NAB), Prime...
Govt working on ease of business regulatory laws: Chairman BoI
ISLAMABAD: Chairman, Board of Investment Zubair Gilani on Wednesday said the government was working to ease existing business regulatory laws for better...
Parliamentarians, FBR officials oppose tax restructuring plan
ISLAMABAD: In separate instances, parliamentarians, and the Inland Revenue Service Officers Association (IRSOA) – the representative body of top taxmen in Pakistan...
Consumer inflation for October remains in double digits
KARACHI: Annual consumer inflation accelerated to 11.04 percent in October from 6.5 percent in the corresponding month a year earlier as food...