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Amount for Zakat deduction fixed at Rs33,641
Islamabad: The State Bank of Pakistan on Tuesday fixed Rs33,641 as the minimum amount for deduction of Zakat on bank…
Arab world’s biggest bourse opens to foreigners
Riyadh: Saudi Arabia’s stock exchange allowed foreign investors to trade shares for the first time on Monday, boosting efforts by…
Pakistan’s stand on death penalty to hurt investment, says Germany
Karachi : Germany asked Pakistan on Friday to rethink its stand on death penalty as it would affect both investment…
Internet escapes tax net
Lahore: The Punjab government on Friday withdrew tax on internet services apparently on ‘pressure of social media’. Hundreds of websites…
Stocks finish weekend session with 57-point gain
Karachi: Stocks continued the winning streak for the fifth successive session on Friday with the KSE-100 adding 56.59 points to…
Bulls toss index to four-month high at 34,595
Karachi: Stocks continued to rally on Thursday which saw the bulls toss the KSE-100 index over the 34,500 level for…
‘Govt violating APC decision on China corridor’
Islamabad: The Senate standing committee on finance and revenue has demanded an investigation into alleged violations of the consensus reached…
Punjab Assembly presents budget with outlay of Rs1.2tr
Lahore: Punjab Finance Minister Dr Ayesha Ghous-Pasha presented the provincial budget for fiscal year 2015-2016 (FY15-16) in the Punjab Assembly…
FBR sees no hope for recovery of money in Swiss accounts
Islamabad: The Federal Board of Revenue (FBR) on Wednesday dashed hopes of any success in recovering the money stashed by…