Islamabad

19/12/2019

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,387 new companies in November, indicating rise of 30 percent...

OGDCL adds 373,515 BBL oil, 4,867 MMCF gas in production gathering system

19/12/2019

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has injected 13 operated wells, which cumulatively yielded 373,515 Barrels (BBL)...

Valuation system & processes are being improved: Shabbar Zaidi

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said that the tax collection body is committed to curb under-invoicing...

IMF likely to approve about $453m for Pakistan tomorrow

WASHINGTON: The International Monetary Fund (IMF) tomorrow will hold its board meeting for considering an approval of the disbursement of...

Foreign Direct Investment surges 78.1pc in five months of FY20

ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan surged 78.1pc to $850 million in July-November FY20, as compared to the investment...

APM Hafeez Shaikh presides over meeting to discuss Pak startup ecosystem

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday chaired a meeting held...

Petroleum division refutes reports for hike in gas prices

ISLAMABAD: Petroleum division has refuted the reports for the hike in gas prices for domestic consumers, clarifying that the recommendations...

AIIB assures support for policy reforms & project financing

ISLAMABAD: Asian Infrastructure Investment Bank (AIIB) President Jin Liqun held a meeting with the Federal Minister of Economic Affairs Division...

FBR decides to renew valuation of imported goods to expand tax net

ISLAMABAD: The Federal Board of Revenue (FBR) decided to issue new valuation tables of imported consumer goods to determine sales...

Pakistan to achieve success on FATF by Jan 2020: Hammad Azhar

ISLAMABAD: Federal Minister for Economic Affairs, Hamad Azhar on Monday claimed to achieve success on issues of Financial Action Task...

APM Hafeez Shaikh attends Christmas cake cutting ceremony

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday joined his team and...

Khusro Bakhtiar calls on APM Hafeez Shaikh to discuss FPA

ISLAMABAD: Federal Minister for National Food Security & Research Khusro Bakhtiar called on Advisor to Prime Minister on Finance Dr....

FBR extends date of filing of income tax returns till Dec 31

ISLAMABAD: Federal Board of Revenue (FBR) extended date of filing of income tax returns/statements for tax year 2019. A circular...

Govt to raise Rs700b through Ijara Sukuk from next month

ISLAMABAD: The government is expecting to raise up to Rs700 billion next month through domestic Ijara Sukuk to support its...

KSA, UAE provided $5b financial package to Pakistan: Hammad Azhar

ISLAMABAD: Minister for Revenue Hammad Azhar on Monday said that Saudi Arabia, United Arab Emirates and Qatar have provided $5.5...

Finance ministry rejects news report regarding uplift funds ‘foregone’ by provinces

ISLAMABAD: The Ministry of Finance has described as "misleading" and "incorrect" news reports appearing recently in a section of the...

Development spending posts 27pc growth in 4 months of current FY

ISLAMABAD: The Ministry of Finance has said that the development spending during the first four months witnessed a growth of...

Smuggled medicines: Collector Seema directs to seal 5 outlets of M/s D-Watson Chemists

byTariq Derya

14/12/2019

ISLAMABAD: Collectorate of Customs Collector Seema Raza ordered Anti-Smuggling Organization to seal five outlets of renowned chemist, M/s D-Watson for...

FBR unearths another scam of illegal funds transfer into bank accounts