Pakistan Raises Revenue Project draws planning ministry’s ire
ISLAMABAD: The Ministry of Planning and Development and Reforms has raised various objections over the PC-I of a World Bank-funded project, which...
FBR eyes Rs1.07tr revenue in first quarter FY20, NA told
ISLAMABAD: The National Assembly's Standing Committee on Finance, Revenue and Economic Affairs was informed on Wednesday that the Federal board of Revenue has...
HACPL launches 10th generation Honda Accord in Pakistan
Honda Atlas Cars Pakistan Limited (HACPL) has launched the All-new Honda Accord, one of the high-end models that have received an excellent...
Power supply to reach 26,000MW by next year, PM told
ISLAMABAD: Prime Minister Imran Khan was informed on Wednesday that for the first time in the country’s history, the target of 23,000 megawatts...
Govt to surpass 2.4pc growth target, says finance adviser
Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues
Says overall CAD reduced by 73pc due to considerable increase...
‘Govt to formulate comprehensive e-vehicle policy’
Adviser to Prime Minister on Commerce, Industries & Production Abdul Razzaq Dawood has said that the Ministry of Industries & Production will...
Asia’s growing coal use could negate global climate change progress: UN
BANGKOK: Asia's heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations...
NEPRA approves tariff hike of Rs1.78 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved 1.78 paisa per unit hike in power tariff under the fuel adjustment...
August inflation accelerates to 10.49pc
ISLAMABAD: The Consumer Price Index (CPI)-based monthly inflation grew by 10.49pc in August 2019, as compared to the same month of last...
ECC approves simplification of tax regime for non-resident companies
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved separate proposals for the simplification of tax regime for non-resident companies investing...
Stocks stage comeback as KSE-100 ends 435 points higher
KARACHI: After a rough start to the trading session on Wednesday, the Pakistan Stock Exchange (PSX) managed to stand its ground and closed...
Imran takes U-turn on GIDC waiver
PM directs attorney general to approach Supreme Court for urgent hearing of pending litigation
Says taxes were written off in...
Pakistan’s fate hangs in the balance as FATF convenes on Sep 9
The Financial Action Task Force (FATF) will meet in Bangkok from September 9-10 to discuss Pakistan's progress report, which would form the...
Iqbal Z Ahmed arrested by NAB in LNG case
LAHORE: Businessman and Associated Group chairman Iqbal Z Ahmed has been arrested by National Accountability Bureau (NAB) in Lahore for his involvement...
Political and government liquidity risks remain elevated in Pakistan: Moody’s
KARACHI: Moody's Investors Service, in a periodic review of ratings action, said the country’s credit profile reflects its “moderate (+) economic strength,...