Prime Minister launches campaign to control price hike

ISLAMABAD: Prime Minister Imran Khan on Thursday took serious notice of abnormal price hike and launched a special campaign to control increase in prices of essential items. Read more »

FBR directs recovery of revenue loss from customs intelligence officers

ISLAMABAD: Federal Board of Revenue (FBR) has imposed penalty on two customs intelligence officers and directed recovery from these officials of such government revenue lost due to their negligence. Read more »

Bank holiday

KARACHI: The banks will remain close for public dealing on July 01, 2019, which will be observed as bank holiday on Monday. Read more »

Pakistan’s forex reserves deplete by $288 million to $14.351 billion

KARACHI: The liquid foreign exchange reserves of Pakistan fell by $288 million to $14.351 billion by week ended June 21 as against $14.639 billion a week ago, State Bank of Pakistan (SBP)... Read more »

Stock market witnesses continuous decline on selling pressure

KARACHI: The stock market witnessed another fall of 314 points on Thursday over concerns related to inflationary pressure and monetary tightening. Read more »

Dollar makes new high at Rs164.06

KARACHI: The deterioration in Pak Rupee continued against dollar on Thursday as the foreign currency made a new high at Rs164.06 in interbank foreign exchange market. Read more »

Pending ADR cases can avail amnesty scheme: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday said that cases pending before the Alternate Dispute Resolution Committee (ADRC) can avail tax amnesty scheme. Read more »

Tax credit allowed for hiring fresh graduates

KARACHI: In order to generate employment in the country, the government allowed tax credit to employers for hiring fresh graduates from July 01, 2019. Read more »

Panama, Paradise leaks and other offshore undeclared assets holders can avail present amnesty scheme

ISLAMABAD: Persons having offshore undeclared assets in Panama and Paradise leaks can avail the latest Asset Declaration Scheme 2019, according to a presentation made by Federal Board of Revenue (FBR). Read more »

ECC approves tax incentives to shipping industry for next 10 years

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Wednesday extended tax incentives to shipping industry for next 10 years. Read more »