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Aruna Hussain, Soren Skou, Maersk said to loot the nation while SRB in deep sleep
KARACHI: Aruna Hussain, Soren Skou and other officials of Maersk Pakistan are said to be involved in tax evasion worth...
Customs Court approves charge sheet against suspects in contraband goods smuggling case
KARACHI: The customs court approved interim charge sheet against suspects namely Abdul Wali son of Abdul Karim and Anaar Gul...
SHC bars IR officials from taking action against M/s Al-Noor Sugar Mills & others
KARACHI: A division bench of the Sindh High Court (SHC) restrained officials from taking final adverse action against the petitioners...
Salary persons must retain tax deduction certificate for six years: FBR
ISLAMABAD: A person deriving income salary is required to retain salary certificate indicating amount of salary and tax deducted for...
Govt awards exploration rights of new block in Balochistan to OGDCL-PPL
KARACHI: The government has provisionally awarded exploration rights of a new block situated in the Balochistan Province to a joint...
PSX holds gong ceremony for the First Shelf Registered Instrument issued by Bank Alfalah
KARACHI: In a very encouraging development for the debt market of Pakistan, an innovative, new debt instrument has been issued...
Oil steady as supply cuts offset demand worries on stalled vaccine rollouts
MELBOURNE: Oil prices were mixed on Friday as a pending supply cut by Saudi Arabia and lower U.S. oil stocks...
OGRA recommends increase in petroleum prices by up to Rs12
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has on Friday recommended an increase in the price of petroleum products...
Zubair Motiwala for declaring 2021 as year of ‘Relief & Rescue’
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing serious...
SECP directs brokers to provide financial information via new online format
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) directed stock brokers to provide financial information through a newly developed online...
FBR issues SRO to abolish additional customs duty on import of raw material
ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn additional customs duty on import of raw materials of around 174 tariff...
ECC approves continuation of subsidy on five essential items through Utility Stores
ISLAMABAD: Economic Coordination Committee of the Cabinet has approved continuation of subsidy on five essential items through Utility Stores Corporation...
SHC directs to issue delay detention certificate on petition filed by M/s Imran Cloth Store
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to allow shifting of the subject consignments...
FIA completes probe into fake pilot license case
ISLAMABAD: Federal Investigation Agency (FIA) on Friday has completed inquiry into fake pilot license case and arrested six officers of...
Customs court approves physical remand of suspects in contraband goods smuggling case
KARACHI: The Customs Court approved physical remand of suspects namely Asghar Khan son of Abdul Ghaffar and Shah Jahan son...
Fauji Foundation to buy majority stake in Silk Bank
ISLAMABAD: Fauji Foundation has been given the go ahead by Silk Bank Limited to acquire a majority stake in the...
Pakistan, Kuwait agree to enhance trade, investment cooperation
ISLAMABAD: Pakistan and Kuwait have expressed resolve to enhance cooperation in economic, trade, oil and gas, energy, investment, agriculture, IT...
SBP foreign reserves fall $15m to $12.9b
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $15 million compared with $13,013...
US dollar sold at Rs160.8 in Pakistan on January 29
KARACHI: The buying rate of the US dollar was Rs160, while its selling rate was Rs160.8 on Friday, January 29...
Pak Rupee strengthens against US dollar
KARACHI: The Pakistani rupee appreciated by Rs0.26 against the United States (US) dollar in the interbank market on Thursday, according...
