PM Imran hints at extending amnesty deadline
Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands...
PKR plunges to Rs164.06 against US dollar
Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in...
Fitch revises down Pakistan’s GDP growth forecast to 2.7pc for FY20
'Higher taxes will erode the purchasing power which in turn will slow down consumption growth to 5.3pc'
'Business sentiment will likely...
Exports surge 22.9pc to Rs2.86tr in 11 months
ISLAMABAD: Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last...
Govt urged to give clear policy on dollar
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has sought a clear policy statement from the government on the price of the...
IMF board to approve Pakistan bailout package on July 3
An IMF team will visit Islamabad every three months to review the economic indicators of the country
The Executive Board of the...
FBR barred from keeping taxpayer’s audit info secret
'How can a taxpayer defend himself during the audit process when parameters and reasons will not be disclosed to him?'
LAHORE: Putting the...
PSX closes fourth consecutive session in red
KARACHI: The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...
Still relevant, Benazir Bhutto explains taxation loopholes in Pakistan
Pakistan's economy was currently standing at the crossroads and the government intended to address the issues through meaningful tax reforms.
As relevant as...
China urges US to lift sanctions on Huawei as Trump-Xi meeting looms
BEIJING: The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before...
NA rejects all cut motions, approves Rs313bn for 26 grants
ISLAMABAD: The National Assembly on Wednesday approved 26 demands for grants worth Rs313 billion related to various ministries and departments for the next...
KP Assembly passes budget amid Opp’s ruckus
PESHAWAR: The Khyber Pakhtunkhwa (KP) Assembly on Wednesday passed the provincial budget for 2019-20 fiscal year despite the ruckus of opposition members in...
FPCCI demands amnesty for export-oriented industry
KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday demanded the government to announce first-ever “industrial amnesty” to the...
SBP issues directives to banks regarding Assets Declaration Ordinance
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued directives to all banks to incline their operations to the newly-issued Assets Declaration...
Govt mulls warehouse receipt financing to facilitate farmers
ISLAMABAD: Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday chaired a meeting to discuss the framework to facilitate the...