Cement exports to India decline by 41% in FY19
LAHORE: Due to the imposition of 200 percent import duty by the Indian government, the cement exports to India has declined by...
Auto industry bands together to demand tax relief
ISLAMABAD: The key stakeholders of the auto industry met on Friday to chalk out a plan to be suggested to the government...
Sir Anwar Pervez hints at meeting army chief to complain about Saqib Nisar
LONDON: Pakistani-origin British billionaire and founder of Bestway Group Sir Anwar Pervez revealed he had a particular meeting with an influential personality...
Senate committee tells PTCL to prepare surcharge slabs for consumers
ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication directed Pakistan Telecommunication Company Limited (PTCL) to prepare slabs for extra surcharges...
Rs133 million fine imposed on three banks by SBP
KARACHI: The State Bank of Pakistan (SBP) has imposed a cumulative monetary fine of amounted to Rs 133 million on three banks...
Ghandhara Nissan may pull out from investing in the country
KARACHI: Ghandhara Nissan Ltd (GNL) is reviewing its plans to assemble Datsun vehicles in the country as the company feels that under...
PPL ends up paying Rs27.6 billion to settle tax demand
KARACHI: Pakistan Petroleum Limited (PPL) has paid and adjusted Rs27.609 billion in income tax demand created by the tax authorities for 15...
SSGC taking bids to procure LPG for remote consumers
KARACHI: Sui Southern Gas Company (SSGC) has invited bids from international suppliers to procure 3,000 metric tons of liquefied petroleum gas (LPG)...
India’s central bank cuts rates to near decade lows to revive growth
MUMBAI: The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping...
Despite 20pc quota, only two overseas Pakistanis hired as commercial attachés
ISLAMABAD: Only two overseas Pakistanis have been appointed to the post of commercial counsellors in Pakistani missions abroad, it was learnt on...
US economic bosses apprised of Pakistani market
During his recent visit to the United States, Prime Minister Imran Khan, along with his delegation that included Adviser on Finance Dr...
Govt prepares simplified tax scheme for property developers, builders
ISLAMABAD: The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday.
According to the draft of the...
Insufficient cotton production to lower GDP growth, inflate import bill
ISLAMABAD: Despite the cotton production target of 15 million bales set for this year by the Ministry of National Food Security and Research/Pakistan...
‘No restriction on non-commercial trade with India’
ISLAMABAD: The Ministry of Commerce (MoC) has clarified that there is no restriction on the shipment of letters, documents, business documents, documents...
FBR decides to intensify crackdown on non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) is all set to launch an aggressive campaign from October 15, 2019, to get the industrial...