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Balochistan govt extends smart lockdown till August 17
QUETTA: Government of Balochistan has extended coronavirus smart lockdown for 15 days across the province. According to the notification...
COVID-19: SBP reverts to normal timings from today
KARACHI: The State Bank of Pakistan (SBP) reverted to its normal office timings on Monday, August 3. According to a...
NAB tells court it arrested Sharif Group’s CFO on ‘solid evidence’
LAHORE: The National Accountability Bureau (NAB) has said it arrested Mohammad Usman, the Chief Financial Officer of the Sharif Group...
USD gains 52 paisa against Pak rupee in interbank
KARACHI: The exchange rate of US Dollar strengthened by 52 paisa in the interbank on Monday against Pakistani rupee. The...
‘Reduction in trade deficits, improvement in remittance inflows to improve Pakistan’s BoP’
ISLAMABAD: Pakistan’s Balance of Payment (BoP) position is set to improve, on the back of reduction in the trade deficit...
KPT shipping intelligence report August 3
KARACHI:The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Monday....
Asian markets mostly lower as virus forces new lockdowns
HONG KONG: Asian markets mostly fell Monday with sentiment depressed by a spike in coronavirus infections that has forced fresh...
Punjab lifts Eid-ul-Adha smart lockdown
LAHORE: The government of Punjab on Sunday announced it was lifting the “smart lockdown” imposed in certain cities in the...
FBR updates WHT card for salary income
ISLAMABAD: Federal Board of Revenue (FBR) has issued updated withholding tax card for salary income to be prevailed during Tax...
Inflation rises to 9.3pc in July
ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 9.3 percent on Year-on-Year (YoY) basis in...
COVID-19 impact: ADB predicts fall in remittances for Pakistan
ISLAMABAD: the Asian Development Bank (ADB) has predicted remittances to go down drastically in wake of the ongoing coronavirus...
Govt should treat traders as partner: LCCI
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Irfan Iqbal Sheikh said the government should treat the traders as...
Pakistan Cotton Ginners seek relief from excessive taxation
MULTAN: In a significant development, a delegation from the Pakistan Cotton Ginners Association (PCGA), headed by Chairman Chaudhry Waheed Arshad,...
Multan Dry Port collects Rs30776.367m under petroleum development levy
MULTAN: Collectorate of Customs Appraisement Faisalabad Dry Port Multan has collected Rs30776.367 million under the head of Petroleum Development Levy...
Suggestion tabled for joint usage of PIA’s Roosevelt Hotel
ISLAMABAD: The Privatisation Commission has announced that the services for the consortium of financial advisers will be acquired at earliest....
2.24pc decrease in vegetable exports during FY 2019-20: SBP
KARACHI: The exports of vegetables products from the country witnessed decrease of 2.24 percent during fiscal year 2019-20 as compared...
Excise dept collects Rs1.5b tax during July
LAHORE: The Excise and Taxation department has achieved another milestone in revenue collection and set a new record after collecting...
FBR announces updated WHT rates for imported goods
ISLAMABAD: Federal Board of Revenue (FBR) has issued updated withholding tax rates for imported goods. The FBR issued withholding tax...
MoF notifies new rules for treasury single account system
ISLAMABAD: The ministry of finance has notified Cash Management and Treasury Single Account Rules, 2020 under which treasury single account...
Banks to observe normal working hours from tomorrow
KARACHI: State Bank of Pakistan (SBP) has said that the banks will observe normal working hours from August 03, 2020....
