Imran Khan for monitoring accountants, lawyers to stop financial crimes

ISLAMABAD: The ‘enablers’ of corruption and bribery, such as accountants, lawyers and other intermediaries, must be closely regulated, monitored and held accountable, said Prime Minister Imran Khan said on Thursday. He was... Read more »

PTA asks TikTok to block immoral content

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has asked administration of TikTok platform to block/remove immoral and vulgar content for viewership in Pakistan. In a statement issued on Thursday, the telecom authority asked TikTok... Read more »

CCP raids cement manufacturers association for possible cartelization

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Thursday raided the central office of All Pakistan Cement Manufacturers Association (APCMA) and seized suspicious record. In a statement the CCP said that as... Read more »

Rupee gains 26 paisas on inflows

KARACHI: The Pak Rupee gained 26 paisas against dollar on Thursday owing to better inflows and surplus current account balance. The rupee ended Rs165.96 to the dollar from previous day’s closing of... Read more »

Foreign exchange reserves ease to $19.904 billion

KARACHI: The liquid foreign exchange reserves of the country fell by $55 million to $19.904 billion by week ended September 18, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign... Read more »

Index slips by 70 points amid heavy selling

KARACHI: The stock market fell by 70 points on Thursday as the market witnessed heavy selling during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,806 points... Read more »

SBP relaxes 100pc cash margin condition on import of certain raw materials

KARACHI: The State Bank of Pakistan (SBP) on Thursday relaxed the condition of 100 percent cash margin requirement on import of certain raw materials. A statement issued by the SBP stated that... Read more »

Fake, flying invoices: IR intelligence unearths mega sales tax evasion

ISLAMABAD: The Directorate of Intelligence and Investigation, Inland Revenue, Faisalabad has unearthed huge sales tax evasion and arrested culprits for issuing fake and flying invoices. A spokesman of Federal Board of Revenue... Read more »