Engro Fertilizers donates crop protection product to combat locust attack

KARACHI: Engro Fertilizers Limited has donated 6.7 tons of crop protection product with a market value of around Rs6 million to provincial governments to combat locust attack, a statement said on Thursday. Read more »

Electric vehicles to help in saving $2 billion oil import payment: adviser

ISLAMABAD: The launch of electric vehicles in the country will help the country to save around $2 billion foreign exchange, which is spend on annually on oil import, Malik Amin Aslam, Prime... Read more »

Hafeez Shaikh calls for early resolution of pending issues between PTCL, Etisalat

ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue on Thursday directed early resolution of pending issues between PTCL and Etisalat. Read more »

Foreign exchange reserves decline by $40 million

KARACHI: Pakistan’s liquid foreign exchange reserves have declined by $40 million to $15.462 billion by week ended November 15, 2019 as compared with $15.502 billion a week ago, State Bank of Pakistan... Read more »

FBR transfers 11 senior IR officers of BS-20-21

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of 11 senior officers of Inland Revenue Service (IRS) in BS-20-21 with immediate effect and until further orders. Read more »

Stock market plunges by 936 points as selling pressure continues

KARACHI: The stock market plunged by 936 points on Thursday as selling pressure continued in the market. Read more »

Rupee gains three paisas against dollar

KARACHI: The Pak Rupee gained three paisas against dollar on Thursday owing to supply of the foreign currency in the market. Read more »

FBR appoints appraising, valuation officers

ISLAMABAD: Federal Board of Revenue (FBR) has appointed appraising and valuation officers (BS-16) in the Customs Department. Read more »

SECP directs life insurers to provide details of window Takaful operations

ISLAMABAD: Securities and Exchange Commission (SECP) has directed life insurers to provide details of their Family Takaful operations. Read more »

Non-ATL to pay 20 percent tax on property sale through auction

KARACHI: Properties sold through auction to attract 20 percent advance tax for persons not appearing on Active Taxpayers List (ATL). Read more »

Share of payment to Chinese imports increases 21.42pc

KARACHI: The share of import payment to China has increased to 21.42 percent during first four months (July – October) 2019/2020 as compared with share of 18 percent in the corresponding period... Read more »

FBR starts air travelers’ monitoring to detect money launderers, drug smugglers

ISLAMABAD: Federal Board of Revenue (FBR) has launched passenger profiling system at international airports to curb money laundering and drug smuggling. Read more »