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Middle Class to bear the brunt of taxation

News Desk
2019-07-20

ISLAMABAD: Chairman Federal Board Revenue Shabbar Zaidi says reforms arebeing made in the Federal Board of Revenue under the leadership...

Pakistan petroleum products imports register significant decline in FY 2019

News Desk
2019-07-20

ISLAMABAD: The imports of petroleum products into the country duringfinancial year ended on June 30, had witnessed 15.95pc decrease as...

Pakistan gets the most advanced Radar System in the region

News Desk
2019-07-19

ISLAMABAD – Pakistan Meteorological Department (PMD) has finally receivedfunds and support to replace its three-decade-old radar system with new,advanced equipment....

State Bank of Pakistan injects Rs 465 billion into the money market

News Desk
2019-07-19

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs465 billioninto money market for seven days as reverse repo...

PIA to launch yet another international route flights

News Desk
2019-07-19

ISLAMABAD – Pakistan International Airlines (PIA) to launch yet anotherinternational route flights. PIA is gearing up to resume direct flights...

State Bank of Pakistan issues new SOP for politicians bank accounts

News Desk
2019-07-19

ISLAMABAD – State Bank of Pakistan (SBP) has devised the StandardOperating Procedures (SOPs) to facilitate and streamline account openingprocess of...

IMF sees dangers from trade tensions, overvalued dollar

News Desk
2019-07-18

WASHINGTON: The International Monetary Fund said that the US dollar was overvalued by 6 percent to 12 percent, based on...

Huawei plans 170mln investment in Pakistan

News Desk
2019-07-18

ISLAMABAD: Chinese multinational technology company Huawei Group on Wednesday unveiled $170 million investment plan to set up its regional headquarters...

Pakistan foreign exchange reserves register sudden growth

News Desk
2019-07-18

KARACHI: Total liquid foreign reserves of the country stand at dollars15.249 billion, said the State Bank of Pakistan (SBP). SBP’s...

Is FBR Chairman Shabbar Zaidi being removed from his post?

News Desk
2019-07-18

Special Assistant to Prime Minister Naeemul Haque on Thursday rebuffed therumours regarding the removal of Federal Board of Revenue (FBR)...