SC orders sugar mill owners to pay dues by Friday
'If the commitment made with the court is not upheld, there will be dire consequences'
ISLAMABAD: The Supreme Court has ordered the sugar mill...
Discretionary fund for top govt officials fixed at Rs1,000
Govt lowers discretionary fund for president, Senate chairman, NA speaker, opposition leader
ISLAMABAD: The federal government has lowered the president’s discretionary fund...
Trump ‘feels’ US, China can strike trade deal
WASHINGTON: US President Donald Trump said on Wednesday he had a “feeling” that a US-China trade deal could be reached but again threatened...
Renault vows ‘fresh start’ for alliance with Nissan
PARIS: Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, saying its success was key...
PFC terms federal budget as growth-oriented, balanced
ISLAMABAD: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq on Wednesday termed the Federal Budget 2019-20 as balanced, growth-oriented and moderate, envisaging...
Cabinet’s decision to impose health tax set aside in budget
Sources claim that 'an influential lobby in the FBR' had opposed this tax
ISLAMABAD: The decision of the federal cabinet to impose health...
Govt allocates Rs100m for BOI in PSPD 2019-20
ISLAMABAD: The government has allocated Rs100 million in the Public Sector Development Programme (PSDP) 2019-20 for one ongoing scheme of the Board of...
No one will be allowed to escape tax net, vows PM’s adviser
Hafeez Shaikh says new budget aims to reach out to poor districts, including those in Balochistan and erstwhile FATA
Says govt...
APCNGA opposes increased taxes on LNG import
ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Wednesday sought reversal of the government's proposal to increase customs duty on the import of...
ICCI terms budget ‘burdensome’ for business community, common man
ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...
Stocks up, but IMF-friendly budget gets mixed reviews
KARACHI: Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan’s first budget aimed at securing...
Iran scrambles to lift petrochemical sales as sanctions hammer oil
LONDON/DUBAI/SAO PAULO: Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales,...
Ford launches testing of new self-driving fleet in Detroit
Ford Motor Co's majority-owned autonomous vehicle subsidiary, Argo AI, launched its new fleet of self-driving test vehicles - Ford Fusion Hybrid -...
UK’s Sikh community pledges to inject £500m into Pakistan to promote religious tourism
Bukhari discussed religious tourism projects in Pakistan with the representatives of the Sikh community.
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.