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FTA between Pakistan, Indonesia to be a great initiative: envoy
KARACHI: Indonesian Consul General, Dr June Kuncoro Hadiningrat has said that FTA between Pakistan and Indonesia will certainly be a...
NAB asks govt to give it access to local & offshore tax records of all politically exposed persons
LAHORE: In a major development, the National Accountability Bureau (NAB) has asked the government to give it access to local...
World Bank approves $800m loan for Pakistan’s power sector reforms, human capital development
ISLAMABAD: The World Bank’s Board of Executive Directors on Tuesday approved $800 million worth of loans for two programmes in...
Section 203-A of budget 2021-22 be withdrawn immediately
LAHORE: Section 203A of the budget 2021-22, which gives powers to arrest and prosecute any person for concealment of income...
Customs Court approves progress report against M/s ZR Corporation in tax evasion scam
KARACHI: The investigation officer of Customs Appraisement East submitted a progress report against the owner of M/s ZR Corporation and...
M/s North West Petroleum moves SHC seeking exemption of SRO 678(1)/2004
KARACHI: M/s North West Petroleum Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition seeking...
12 PCS officers transferred to IOCO with immediate effect
ISLAMABAD: Second Secretary HRMC, Federal Board of Revenue (FBR) Khalid Mehmood has issued notification for transfer and posting of transferred...
Around 40pc of RDA funds invested in Naya Pakistan Certificate: SBP
ISLAMABAD: Out of the total $1.5 billion funds deposited by overseas Pakistanis through Roshan Digital Account (RDA), around $600 million...
NA approves federal budget for fiscal year 2021-22
ISLAMABAD: The session of National Assembly on Tuesday passed the budget for the next fiscal year. The Lower House of...
Pak Rupee gains 48 paisas against USD
KARACHI: The Pak Rupee appreciated by 48 paisas against the dollar on Tuesday owing to inflows of export receipts and...
IHC orders removal of NBP President Arif Usmani, chairman BoD
ISLAMABAD: The Islamabad High Court (IHC) has issued orders to remove National Bank of Pakistan (NBP) President Arif Usmani and...
ANF recovers 10,000 ecstasy pills from Dutch parcel
RAWALPINDI: Anti Narcotics Force (ANF) has recovered 10,000 ecstasy pills, also known as methylenedioxymethamphetamine, from a parcel that arrived from...
Govt decides to cut off gas supply to various sectors in Punjab, KP
LAHORE: The federal government decided to cut off gas supply to various sectors in Punjab and Khyber Pakhtunkhwa due to...
Govt seeks $300m IDA aid for KP tribal districts
ISLAMABAD: The federal government is seeking $300 million from the International Development Association (IDA) of the World Bank Group to...
External liquidity strains ease in Pakistan in H1FY21: Fitch
ISLAMABAD: External positions have strengthened for most rated frontier sovereigns in Asia, including Pakistan, over the first half of 2021...
SBP announces bank holiday on July 1
KARACHI: The State Bank of Pakistan (SBP) announced a bank holiday on July 1, as all banks shall remain closed...
FPCCI demands withdrawal increase in duty, taxes on CNG sector
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday demanded the government of withdraw its decision of...
Pakistan-Saudi Arabia ink deal for oil on deferred payments
ISLAMABAD: Pakistan and Saudi Arabia signed an agreement to resume oil supply on deferred payment. The $4.5 billion agreement was...
Kamyab Pakistan Program to benefit farmers, entrepreneurs directly: Tarin
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has said that Prime Minister Imran Khan aspired to uplift living...
ECC approves import of 100,000 metric tons of sugar
ISLAMABAD: The Economic Coordination Committee of the Cabinet on Monday approved import of 100,000 metric tons of Sugar. The decision...
