Amendments to help Pakistan in controlling offshore tax evasion, avoidance: Vishno Raja

KARACHI: Amendments to Income Tax Ordinance, 2001 will help Pakistan in controlling offshore tax evasion and avoidance. Read more »

List of top 50 taxpayers in categories of individual, AOPs and companies

ISLAMABAD: The ministry of finance has issued list of top 50 taxpayers in categories of individuals, Association of Persons (AOPs) and companies. Read more »

KCCI expresses concerns over shifting weekly holiday rumors

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has cautioned that any move to shift weekly holiday from Sunday to Friday would be resisted and it should not be done as it... Read more »

FPCCI laments delay in releasing refunds, duty drawback

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lamented delay in issuance of refunds and duty drawback to exporters. Read more »

Foreign exchange reserves decline by $101 million to $14.795 billion

KARACHI: Pakistan’s total foreign exchange reserves declined by $101 million to $14.795 billion by week ended February 15, 2019 as compared with Rs14.895 billion a week ago, State Bank of Pakistan (SBP)... Read more »

Equity market plunges on selling pressure

KARACHI: The equity market plunged by 209 points on Thursday over financial results declared by banking sector, analysts said. Read more »

Rupee ends with 26 paisas gain to dollar

KARACHI: The Pak Rupee ended with gain of 26 paisas against dollar on Thursday owing to sufficient supply of the foreign currency in the market. Read more »

Meezan Bank announces 42 percent increase in annual profit

KARACHI: Meezan Bank Limited has declared sharp increase of 42 percent in profit after tax for the year ended December 31, 2018, according to financial results submitted to Pakistan Stock Exchange (PSX)... Read more »

HUBCO declares 26pc fall in half year profit

KARACHI: Hub Power Company Limited (HUBCO) has declared 26.6 percent fall in profit after tax for the half year ended December 31, 2018, according to financial results submitted to Pakistan Stock Exchange... Read more »

Import of up to 25 motor vehicles allowed duty, tax free for EPZ investment

KARACHI: The government has allowed free of duty and taxes on import of up to 25 motor vehicles to an investor making investment $125 million and above in export processing zones. Read more »

Rupee makes significant gain in early trade

KARACHI: The Pak Rupee made significant gain against US dollar in early trade on Thursday owing to sufficient supply of foreign current in the market. Read more »