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PSX witnesses robust recovery: index edges up by 952.80 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Thursday continued with bullish trend as KSE 100 index closed at 34111.64...
28 Pakistani enterprises participate in cloud exhibition in China
BEIJING: As many as 28 Pakistani enterprises have been invited to participate in the Shandong Export Commodities (Pakistan) Cloud Exhibition...
Pak rupee jumps by Rs1.51 against US dollar
KARACHI: The rupee appreciated by Rs1.51 against the United States (US) dollar in the interbank market at the start of...
PSX suggests abolishing capital gains tax for two years
KARACHI: Pakistan Stock Exchange (PSX) has demanded eliminating Capital Gains Tax (CGT) for up to next two years in order...
Covid-19: Lahore Customs House building disinfected
LAHORE: In the wake of crisis time when COVID-19 has been infecting all and sundry, the Customs House Lahore authorities...
Senior FBR official tested positive for COVID-19, Board closed till Monday
ISLAMABAD: FBR Secretary Projects Anwar Zeb tested positive for COVID-19 and Board’s headquarters closed down till Monday for disinfection. The...
Peshawar Customs using all available resources against smuggling: ADC Faysal Bokhari
PESHAWAR: Faysal Bokhari the Additional Director Customs Intelligence Peshawar said that Anti Smuggling Organization of this Collectorate is doing their...
PSO incurs losses of more than Rs8b in 1Q of FY2020 as sales slump
KARACHI: Pakistan State Oil Company Limited (PSO) on Thursday said it took a hit of Rs8.750 billion during the quarter...
ECNEC okays projects worth Rs249.91b
ISLAMABAD: Executive Committee of the National Economic Council (ECNEC) has approved four major projects at a cost of nearly Rs...
FBR allows sales tax adjustment to Tier-1 retailers
ISLAMABAD: Federal Board of Revenue (FBR) allowed input adjustment of sales tax to Tier-1 retailers. The FBR issued SRO 344(I)/2020...
Industrial importers seek announcement of policy
LAHORE: The Friends of Economic and Business Reforms (FEBR) has appealed the central bank to formulate some financial policy for...
Better coordination mandatory to achieve set macro-economic targets: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has emphasized the need for better...
Govt to form customs border security force to curb smuggling
ISLAMABAD: The federal government gave approval to the formation of a customs border security force to curb smuggling and ensure...
APTMA Punjab flays DISCOs for charging GST, WHT
LAHORE: All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has criticised the distribution companies (DISCOs) for charging General...
KPT shipping intelligence report April 29
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Budget to be announced in first week of June: Hafeez Shaikh
ISLAMABAD: The federal government would present the budget for the fiscal year 2020-21 in the parliament in the first week...
Stocks extend rally with 605-point gain
KARACHI: Continuing with the positive trend from the previous session, indices of the Pakistan Stock Exchange (PSX) remained in the...
Gold price jumps Rs500 per tola in domestic market
KARACHI: Gold prices on Wednesday increased by Rs500 to Rs96,000 per tola in the domestic market. Likewise, the rate of...
Coronavirus infects 23 RTO Quetta officials
QUETTA: At least 23 tax officials posted at Regional Tax Office (RTO) Quetta have been tested positive for coronavirus. A...
ASO impounds Rs20.50m smuggled cigarettes
LAHORE: Collectorate of Customs Preventive Anti-Smuggling (ASO) Tuesday seized container of 543 cigarettes carton in a raid on information. As...
