‘Crackdown against sugar mafia to be launched soon’
ISLAMABAD: Minister of State for Revenue Hammad Azhar said on Monday that although the government imposed a tax of only Rs3.30 per kg...
Bitcoin trades above $11,000, after 10pc weekend jump
LONDON/NEW YORK: Bitcoin tested 15-month highs on Monday after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing...
Huawei’s US research arm builds separate identity
The US-based research arm of China’s Huawei Technologies Co Ltd - Futurewei Technologies Inc - has moved to separate its operations from...
FPCCI vows to support govt in drive against tax evaders
ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday vowed to fully support the government in its crackdown on...
Senate approves 65 recommendations on Finance Bill 2019-20
ISLAMABAD: The Senate of Pakistan has unanimously approved 65 recommendations on the Finance Bill 2019-20 as well as 68 recommendations on the Public...
Automated system for sales tax registration to take effect from July 1st
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the automated system for sales tax registration will be effective from July 1st,...
Steel industry cries foul over ‘unfriendly budget’
ISLAMABAD: As the local steel industry was struggling to keep up with the regional competitors, the budget presented by the incumbent government would...
Textile exports increase 2pc to $11.4bn
ISLAMABAD: The export of textile and its articles from the country witnessed an increase of 2.17 per cent during the first ten months...
PSX plunges 653 points amid low turnover
KARACHI: Stocks bled on the first trading session of the week, as the KSE-100 index benchmark nosedived over 700 points intraday amid low...
Qatar announces $3bn investment in Pakistan
'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn'
ISLAMABAD: Following the two-day official visit of Qatar Emir Sheikh...
Gold reaches record high at Rs79,200 per tola
The value of gold in Pakistan has hit a record high, as the per tola price of the yellow metal reached 79,200...
PM’s aide urges UK companies to invest in Pakistan
ISLAMABAD: The United Kingdom can promote trade and investment opportunities in Pakistan by investing in competitive sectors, said adviser to Prime Minister on...
Uber, Careem fares expected to rise by approx 26pc in Sindh
KARACHI: Bringing ride hailing services under heavy service tax net in Sindh is likely to increase fares by 26 percent, said a...
Mughal Steel plans $137 million coal-fired power plant
KARACHI: Mughal Energy Limited (MEL), a subsidiary of Mughal Steel, plans to setup a 55MW coal-fired power plant with the proposed investment...
Motorbikes and rickshaws to be converted to electric vehicles first
ISLAMABAD: The global automobile manufacturers delegation hailing from China has welcomed the ministry of climate change's policy framework for fuel cars conversion...