Huawei’s $105bn business at stake after US broadside
Trump administration says it will add Huawei Technologies and 70 affiliates to its 'Entity List'
HONG KONG/BEIJING: The latest US broadside against Huawei...
Details of offshore drilling to be announced within a week: minister
'Team working at Kekra-1 well has received pressure signals'
Maritime Affairs Minister Ali Zaidi has said that the details regarding the discovery...
Salaried class to suffer as govt mulls reversing income tax slabs
Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn
ISLAMABAD: In an effort to increase the tax revenue...
Karachi water supply, Yellow Line projects recommended to ECNEC
ISLAMABAD: The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6...
Asia’s worst performing currency takes another hit
Pakistani Rupee (PKR) weakened to a record in an apparent devaluation, four days after the South Asian nation secured a bailout from...
PSX ends 320 points lower as investors react to rupee devaluation
KARACHI: After ending the previous session with decent gains, the Pakistan Stock Exchange (PSX) was back in the grip of bears on Thursday.
The...
Pakistan, Al-Tuwairqi Steel Mills head to international court for resolution
It is speculated that during the time of the dispute there was a lobby within Pakistan that wanted the matter to stay unresolved so that TSML plant could be bought off later on.
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
FBR chief says individuals with ‘benami’ assets can be sentenced up to 5 years
'300 major taxpayers, including corporations, pay 80pc of overall tax collection of the country'
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi...
BoI committed to developing four SEZs in six months: chairman
ISLAMABAD: Board of Investment (BoI) Chairman Haroon Sharif said on Wednesday that the investment board is committed to completing four special economic zones...
Authorities seize 9,000kg lemons from Peshawar warehouse
PESHAWAR: As many as 9,000 kilogrammes of lemons were recovered from a storage house in Peshawar’s Chamkanai area on Wednesday.
The district administration raided...
Business community hails tax amnesty scheme, calls for extension till Dec
Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...
OICCI hails Shabbar Zaidi’s appointment as FBR chairman
Foreign investors' body says it looks forward to a major change in taxation structure under Zaidi's tenure
KARACHI: The Overseas Investors Chamber of...
President Alvi signs ordinance approving tax amnesty scheme
ISLAMABAD: President Arif Alvi on Wednesday issued the ordinance for the ‘Asset Declaration Scheme’ which had been approved by the federal cabinet a...
Govt lets rupee down!
Dollar touches all-time high at Rs146 before bouncing back to Rs144 later in day
Further devaluation on the cards after open...