Hascol denies allegations of tax fraud

LAHORE: Hascol Petroleum Limited Tuesday denied allegations of tax fraud after it was reported that the company was involved in tax evasion...

PSX sheds 104 point to close at 37,026 points

ISLAMABAD: The Pakistan Stock Exchange (PSX) on Monday witnessed bearish trend as KSE 100 index plunged by 104.36points (0.28percent) to close at...

FBR finds Hascol Petroleum involved in tax fraud of Rs3.9 billion

---Hascol denies allegations of wrongdoing ISLAMABAD: Hascol Petroleum Limited, a company engaged in the purchase, storage and sale of petroleum products, is committing...

Unprepared MoF to depend on IMF projections for next programme

---International Monetary Fund team holds meeting with officials of finance ministry ---Fund projects Pakistan’s growth to be 2.9% in 2019 ISLAMABAD: While the Ministry...

Hafeez Sheikh, Alice Wells discuss Pak-US economic relations

ISLAMABAD: A US delegation, led by US Principal Deputy Assistant Secretary of State for South and Central Asian Affairs Ambassador Alice Wells called...

Gold price dips by 200, trades at Rs68,900

ISLAMABAD: According to Karachi Sarafa Association, the per tola price of 24 karat gold dipped by Rs200 on Monday and was traded...

Master Motor, Foton sign MoU to manufacture vehicles in Pakistan

ISLAMABAD: Foton International Trade Co Ltd, Beijing signed a memorandum of understanding (MOU) to inject investment in the form of a joint...

Cabinet likely to approve R200bln worth Kamyab Jawan Programme

---Subsidised loans upto Rs5 million to be provided to youth under programme ISLAMABAD AHMAD AHMADANI The federal cabinet is likely to approve Rs200 billion worth...

Tobacco growers stage protest in front of FBR against high tax

ISLAMABAD: Tobacco growers of Khyber Pakhtunkhwa (KP), employees of multinational tobacco companies and KP Labour Federation Unions including KP Kisaan Board, Sarhad...

NA body expresses displeasure over FBR’s failure to respond to its recommendations

ISLAMABAD: Members of National Assembly's Standing on Finance Monday expressed their displeasure over the replies received from Federal Board of Revenue (FBR)...

Automobile Industry Survey 2018: Honda Civic, Suzuki GD110S declared biggest winners

According to PakWheels.com Automobile Industry Survey Report 2018, 35 per cent of the car market is dominated by Toyota, followed by Suzuki...

Investech Partners, Inbox to launch Blockchain-based digital platforms in Pakistan

Global investment management firm Investech Partners has teamed up with Inbox, one of the largest information technology company in Pakistan, to invest...

Cement exports rise by 33pc in first 3 quarter

ISLAMABAD: The exports of cement from the country witnessed an increase of 32.81 percent during the first three quarter of the current...

POL import bill up 3.81 pc to $10.6 bn in 3 quarters

ISLAMABAD: The overall imports of petroleum group witnessed 3.81 percent increase during the first three quarters of the current fiscal year as...

Agreement signed to facilitate ground breaking of first SEZ under CPEC

Pakistan fails to show progress on other identified zones 740 MW, 170 MMCFD required for only 3 SEZs ISLAMABAD: China has reportedly...