‘Business Optimism Index’ launched: Business optimistic on situation to improve

KARACHI: Dun & Bradstreet has launched its World Renowned ‘Business Optimism Index’ for Pakistan according to which Businesses in Pakistan are overall optimistic about their outlook for Q1, 2020. Read more »

ECC bans sugar export to control prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday banned the export of sugar to maintain the prices in domestic market. Read more »

FBR notifies transfer, postings of BS-20 IRS officers

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

MCB Bank submits SOQ for SME Bank privatization

KARACHI: MCB Bank Limited on Monday submitted a statement of qualification (SOQ) for participating in privatization of SME Bank Limited. Read more »

Stock market plunges by 847 points on political uncertainty, high inflation

KARACHI: The stock market plunged by 847 points on Monday owing to political uncertainty and high inflation numbers. Read more »

Rupee falls by two paisas on import payment demand

KARACHI: The Pak Rupee fell by two paisas against dollar on Monday owing to higher demand for import and corporate payments, dealers said. Read more »

FBR to impose penalty on withholding agent for not submitting taxpayers’ information

ISLAMABAD: Federal Board of Revenue (FBR) will impose penalty on withholding agents for failure in submitting withholding statement or information of taxpayers for the period July – December 2019. Read more »

NCCPL directs verification of stock investors through biometric

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has issued guidelines to register / verify all investors of stock market through biometric system. Read more »

Cabinet to announce major relief in prices of basic food items

ISLAMABAD: The federal cabinet in its meeting scheduled for Tuesday, February 12, 2020 will announce major relief in prices of basic food items, Prime Minister Imran Khan announced on Sunday. Read more »

Criminal proceedings to be initiated for taking or offering bribe

KARACHI: Federal Board of Revenue (FBR) is determined to eliminate corrupt practices in the official matters in Inland Revenue and Pakistan Customs and decided to take action against officials taking bribe or... Read more »