*ISLAMABAD: A startling report, compiled by 12-member committee of experts, reveals that Pakistani citizens have transferred a sum of $ 15 billion abroad during the financial year 2016-17.* Chief Justice of Pakistan Mian Saqib Nisar had ordered the court on March 26 to constitute a committee of ...

KARACHI: Secretary Finance informed a three-member bench of the apex court, headed by Chief Justice Saqib Nisar, that since previous government hasn’t approved sufficient raise in the price of petroleum the caretaker government has to do it and it may further increase the prices. When made this ...

KARACHI - State Bank of Pakistan (SBP) on Thursday issued the procedure for repatriation of liquid assets and deposit of tax under Foreign Assets (Declaration and Repatriation) Act-2018. The government has fixed June 30 as the last date for the declaration of assets and income under Tax Amnesty ...

ISLAMABAD – South Korea has expressed its willingness to construct a hydel power station on River Indus in district Kohistan. A spokesman of Pakhtunkhwa Energy Development Organization told Radio Pakistan that a South Korean team of experts will arrive in Peshawar soon to finalize modalities ...

KARACHI: Red ink splashed everywhere at the local bourse with the benchmark KSE-100 index losing 644 points, to close at 42,359. The index continued to slide throughout the session, hitting a day’s low of -707 points towards close. Market opened negative and continued its slide throughout the ...

ISLAMABAD: The State bank of Pakistan on Thursday said that the total liquid foreign reserves held by the country stood at US$16,798.0 million on June 14, 2018, in a press release issued on Thursday. In a brief breakdown, the country’s central bank disclosed: Foreign reserves held by the ...

ISLAMABAD: The State bank of Pakistan on Thursday said that the total liquid foreign reserves held by the country stood at US$16,798.0 million on June 14, 2018, in a press release issued on Thursday. In a brief breakdown, the country’s central bank disclosed: Foreign reserves held by the ...

KARACHI: The Federal Board of Revenue (FBR) sealed off central office of Shaheen Air in Karachi on Thursday, over non-payment of Rs910 million in Federal Excise Duty (FED). According to the revenue authority, the office was ordered to be reopened after the private airline provided it with two ...

*KARACHI: *The Supreme Court was told on Thursday that the actual price of petrol is Rs62.38 per litre and all the amounts charged above amounting to Rs 35-40 were various forms of taxes. Chief Justice of Pakistan (CJP) Mian Saqib Nisar was hearing the case pertaining to the gradual increase in ...

ISLAMABAD - A team of Federal Board of Revenue headed by its Chairman will visit various cities of the country to meet Chambers and Tax Bars for promoting the tax amnesty scheme. According FBR, the Government has announced two tax amnesty schemes for undisclosed income, domestic and foreign ...