Equity market shows lukewarm response to historic Saudi accords

KARACHI: The equity market has not responded to historic accords signed between Pakistan and Saudi Arabia and ended down on Monday. Read more »

Rupee unable to maintain recovery against dollar

KARACHI: The Pak Rupee has failed to maintain recovery made in early trading against the dollar on Monday owing to demand for import and corporate payments. Read more »

Total foreign investment falls by 75 percent in seven months

KARACHI: Total foreign investment into Pakistan has declined by 75 percent to $1.042 billion during July – January 2018/2019 when compared with $4.138 billion in the corresponding period of the last fiscal... Read more »

International Steel announces 20 percent decline in profit after tax for first half

KARACHI: International Steel Limited (ISL) declared 20 percent decline in profit after tax for the first half ended December 31, 2018, according to financial results submitted to Pakistan Stock Exchange (PSX) on... Read more »

Procedure for import of motor vehicles into Pakistan

KARACHI: Pakistani nationals residing abroad including dual nationals can import old and used vehicles into Pakistan under three different schemes, according to a guide issued by Federal Board of Revenue (FBR). Read more »

Rupee makes significant gain against dollar in early trade

KARACHI: The Pak Rupee has made significant gain of 40 paisas against dollar in early trade on Monday due to positive sentiments on signing of huge investment deals between Saudi Arabia and... Read more »

PSO declares 50 percent decline in net profit for first half

KARACHI: Pakistan State Oil (PSO) has declared 50 percent decline in net profit for half-year period ended on December 31, 2018, according to financial results submitted to Pakistan Stock Exchange (PSX) on... Read more »

Income Tax Ordinance 2001: Commissioners power to amend assessment of annual income return

KARACHI: A commissioner of Inland Revenue has been empowered to alter annual income tax return of a person on detection of tax evasion or avoidance. Read more »

One-on-one meeting between Imran Khan, Saudi Prince

ISLAMABAD: Prime Minister Imran Khan had a one-on-one meeting with Saudi Prince Mohammad bin Salman at the Prime Minister House on Sunday. Read more »