FBR forms committee to identify, remove anomalies in finance bill
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has constituted an 'Anomaly Committee' to identify and remove the technical and legal anomalies...
71 out of 84 sugar mills declared losses in FY19: FBR chief
'FBR has agreed to reduce withholding tax for registered sugar dealers'
ISLAMABAD: In a briefing to the Senate's Standing Committee on Finance on...
KP govt authorises six departments for tax collection
PESHAWAR: Khyber Pakhtunkhwa government on Tuesday authorised six administrative departments responsible for tax collection, besides authorising 13 non-tax collecting bodies.
White Paper 2019-20 contained...
Trump says US, Chinese teams to restart trade talks ahead of G20
WASHINGTON: US President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders' teams...
Gwadar Master Plan to be finalised soon: minister
'A robust policy is being devised to transform the coastal city into a regional hub of trade and business activities'
ISLAMABAD: Planning, Development...
Pakistan, Iran agree to enhance trade ties, remove bottlenecks
ISLAMABAD: A delegation of the Iranian parliamentarians, led by Iran-Pakistan Parliamentary Friendship Group Chairman Ahmad Amirabadi Farahani, called on Adviser to Prime Minister...
India sacks 15 senior income tax officials over corruption
NEW DELHI: India on Tuesday sacked 15 senior tax officials facing probes in corruption cases, sending across a tough message to bureaucrats taking...
Alibaba puts CFO in charge of investment in major management reshuffle
BEIJING/SHANGHAI: China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement,...
PR earns over Rs1bn from special Eid trains
ISLAMABAD: Pakistan Railways has earned over Rs1 billion from special Eid trains, which were run by the department on a special discount to...
Bearish sentiment continues as KSE-100 sheds another 487 points
KARACHI: Continuing with the recent declining trend, the Pakistan Stock Exchange (PSX) ended the session on Tuesday in the red. Indices drove in...
Pakistan, World Bank sign loan agreements worth $918m
ISLAMABAD: Pakistan and World Bank (WB) on Tuesday signed three loan agreements worth $918 million to help support revenue mobilisation and higher...
After failing to curb phone smuggling, govt looks to withdraw baggage exemption
After its failure to curtail the smuggling of mobile phones, the government has decided to withdraw the baggage rule exemption, a facility...
Facebook plans its own currency for over two billion users
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months
SAN FRANCISCO: Facebook already rules daily...
Ruppe hits another low, falls to 157 in inter-bank trade
The Pakistani rupee took its seventh straight beating in as many sessions, hitting a brand new all time low of Rs 157...
Nothing has been decided yet, ADB announces
The Asian Development Bank (ADB) has distanced itself from the recent announcement of the government that it was furnishing budgetary support in...