Business

Business

Flattened by erratic rain, Pakistani farmers ditch crop farming

Islamabad: In late April, after 28 hours of heavy rain, Noor Hussain and his two brothers surveyed his three-hectare wheat…

5 Min Read

Rs180bn tax exemptions to be withdrawn next year

Islamabad: A high-powered committee has decided to withdraw tax exemptions worth Rs180 billion, or 0.5 per cent of gross domestic…

3 Min Read

Zero-rating status for key exportables proposed

Islamabad: The commerce ministry has proposed zero-rating for major exportable products in the next budget. The major exportable items are…

4 Min Read

Govt. mulls over War Tax option for high income individuals

In an effort to raise funds for the war against terror, the government is likely to levy an income tax…

4 Min Read

Govt plans to spend Rs1.4tr on development

Islamabad: The Annual Plan Coordination Committee (APCC) meets today to finalise around Rs1.4 trillion development programme, aimed at achieving 5.5…

3 Min Read

Mango exports fetch $1.1m in five days

Karachi: Pakistan has exported around 2,200 tonnes of mangoes, fetching $1.1 million, since the start of export season on May…

2 Min Read

KSE Market Watch: Market in the Black

The monetary policy announcement over the weekend provided some much-needed relief, where the government reduced the discount rate to a…

2 Min Read

Rise in value-added textile exports

The export of textile goods grew by a marginal 2pc to $1.08bn in April, according to data released by the…

3 Min Read

HSBC to impose charges on bank deposits in some currencies

HSBC has become one of the biggest global banks to say that it will begin charging clients on deposits in…

3 Min Read