KP govt allocates Rs36bn for education in tribal districts

PESHAWAR: Khyber Pakhtunkhwa government’s spokesman has said that the provincial government has allocated Rs36 billion during the ongoing financial year for promotion...

FBR extends date for filing tax returns till August 2

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Sunday extended the deadline to submit tax returns till August 2. According...

Traders warn govt of dire consequences if demands not met

--'We are mulling to hold a march to the FBR’s office, a possible sit-in or a shutter down strike for an indefinite...

US regulators approve $5bn Facebook settlement over privacy issues

The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc over its investigation into the social media company’s handling of...

Traders shut down markets across Pakistan

--Most businesses remain shut in Lahore, Karachi, Peshawar and Quetta in protest against ‘unfair’ taxes levied by govt LAHORE/KARACHI/ISLAMABAD: A countrywide shutter-down strike was...

Pakistan loses appeal against Broadsheet, asked to pay $33m

Pakistan has lost yet another case against Broadsheet LLC, as its plea has been dismissed by the London High Court, setting the...

World Bank court orders Pakistan pay $5.8bn damages to Tethyan Copper

--The company maintains it had invested more than $220m in Reko Diq by the time Pakistan’s govt, in 2011, unexpectedly refused to...

China to relax residency curbs, support employment

BEIJING: China will relax residency curbs in smaller cities and support employment in rural areas and at small firms, the country’s human resources ministry...

Japan-South Korea feud deepens with disputed accounts of trade meeting

TOKYO: A row between Japan and South Korea escalated on Saturday, with contested accounts of a frosty meeting the day before that...

China eyes Gilgit-Baltistan for cherry imports

--A delegation of Chinese quarantine experts and govt officials recently visited GB to check the farm-to-market quality of Pakistani cherry BEIJING: China has...

Govt decides to form Pak-China Business Forum

Planning Minister Makhdoom Khusro Bakhtiar revealed on Saturday that the government has decided to form a 'Pak-China Business Council', adding that names...

After Honda, Toyota to halt production in Pakistan

After the decision of Honda Atlas Cars Pakistan (HACP) to shut down its plant for 10 days, Indus Motor Company (IMC), which...

FBR chief rejects rumours, says no tax imposed on edible items

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Friday that no tax has been imposed on edible items, including...

SBP to announce new monetary policy on 16th

The State Bank of Pakistan (SBP) will announce its new monetary policy on July 16th (Tuesday). The Monetary Policy Committee of SBP is scheduled to...

FBR decides to honour martyred officer Dr Abdul Quddus

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to honour Shaheed Dr Abdul Quddus by building a monument and park in...