Rupee ends stable in open market

KARACHI: The Pak Rupee ended stable against dollar in the open market on Saturday owing to lower demand of foreign currency. Read more »

Chinese delegation visits FPCCI to explore business opportunities

KARACHI: A delegation of Chinese businessmen has visited Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to explore business opportunities between the two countries, a statement said on Saturday. Read more »

Income Tax Ordinance 2001: Notice can not be issued after 180 days for incomplete return

KARACHI: A commissioner of Inland Revenue is required to send notice to taxpayers for incomplete annual income returns within 180 days from end of financial year in which return was filed. Read more »

Oil import bill soars to $8.68 billion in July –January

ISLAMABAD: The oil import bill has surged to $8.68 billion due to significant increase in import of liquefied natural gas (LNG), according to data released by Pakistan Bureau of Statistics (PBS). Read more »

Pakistan imports mobile phones worth Rs55 billion in seven months

ISLAMABAD: Despite the government’s effort to curtail import bill the country imported mobile phones worth Rs55 billion during first seven months of current fiscal year. Read more »

Weekly Review: Market expected to remain upbeat on visit of Saudi Crown Prince

KARACHI: The equity market likely to recover from recent correction and remain upbeat in the next week owing to historical visit of Saudi Crown Prince. Read more »

Import of used motor cars decline by 36 percent in seven months

KARACHI: The import of completely built unit (CBU) motor cars has sharply declined by 36 percent owing to restriction imposed on non-filers of income tax return filers, according to data released by... Read more »

Committee constituted to enhance cargo, container transportation through rail service

KARACHI: Sheikh Rashid Ahmed, Minister for Pakistan Railways along with his team visited head office of Karachi Port Trust on Friday to discuss the potential of transportation of cargo through rail service. Read more »