Business
Business
Govt to impose Rs.40 billion more taxes on ‘luxury goods’
An unrealistic tax target, coupled with a highly inefficient tax machinery, has led to a situation where a shortfall of…
Business confidence in Pakistan on the rise
"Overall business confidence in the country has improved relative to March 2015," stated a survey result that is part of…
As deadline looms, govt to bypass parliament again for PIA privatization
With the International Monetary Fund (IMF) deadline approaching fast, the government is all set to promulgate a presidential ordinance. Instead…
Used car sales to fall as govt jacks up duties
"A 10% increase in import duty on used cars will only slow down sales and ultimately hit government revenues that…
CNG industry gets go ahead for direct LNG import
The government has allowed compressed natural gas (CNG) station operators that they could directly import liquefied natural gas (LNG) without…
Russia turns focus to Pakistan’s energy market
Islamabad: In a significant development, Russia has offered to lay a pipeline for gas export to Pakistan, a proposal that stems…
Panic takes its toll on currency market as dollar nears Rs108
Karachi: The US dollar continued to rise despite ample supply and traded as high as Rs107.70 in the open market…
Sialkot’s sports industry looks to regain its sheen
The 2014 FIFA World Cup had the entire audience caught in football frenzy. Sialkot made it to the headlines, delivering…
Horror story: A bloody Monday
Karachi: Pakistan equities took a major beating on Monday, feeling the heat of several triggers to end negative for a ninth…