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Pakistan energy sector circular debt again touches highest level

News Desk
2018-05-06

KARACHI: Rising on a yearly basis, circular debt is especially prevalent inthe oil and gas sector of the country. At...

NLC to produce Mercedes Benz trucks in Pakistan

News Desk
2018-05-06

ISLAMABAD – National Logistics Cell (NLC) has signed a memorandum ofunderstanding (MoU) with German Daimler AG for local production of...

Pakistan aims to become self sufficient in energy sector with discovery of new oil and gas wells: Report

News Desk
2018-05-06

ISLAMABAD: Oil and Gas Exploration and Production (E&P) companies haveplanned to drill 90 wells in different areas of the country...

Operation Zarb e Azb is long over but government to continue with Zarb e Azb super tax

News Desk
2018-05-06

ISLAMABAD – Federal Board of Revenue (FBR) has stated that super taximposed to finance Zarb-e-Azab operation will be withdrawn in...

IMF says Egypt must deepen reforms to catch window of global growth

News Desk
2018-05-06

CAIRO: Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash...

India eyes 30 billion trade with Pakistan

News Desk
2018-05-06

KARACHI: Indian High Commissioner to Pakistan Ajay Bisaria on Saturdaysaid, “There is need for taking at least small positive steps...

Top International carmakers to setup one of the largest car plant in Pakistan

News Desk
2018-05-05

KARACHI: French automaker Renault has now decided to establish its carmanufacturing plant in Faisalabad after facing long delays in landacquisition...

What is your salary? Check out the tax relief for you in budget 2018

News Desk
2018-05-05

ISLAMABAD – In the current budget, the government has defined 12 categories(slabs) for the salaried class, and fixed tax rate...

How much loan payment Pakistan would have to repay back annually for CPEC?

News Desk
2018-05-05

ISLAMABAD – A Brokerage Topline Securities estimated that Pakistan needs toannually pay three to four billion dollars for a decade...

In a first, Pakistan to impose tax on Facebook, Google earnings

News Desk
2018-05-05

*ISLAMABAD: Pakistan is considering to impose tax on offshore digitalcompanies, including tech giants such as Amazon Facebook, and Google inorder...