Business

Business

Govt to tax remittances, cut customs tariff slabs to three in budget

Islamabad: Having legally secured Rs145 billion Gas Infrastructure Development Cess (GIDC), the government has announced to expand the scope of…

5 Min Read

Power sector subsidy reduced by Rs250bn

Islamabad: The government made on Thursday a financial adjustment of more than Rs250 billion by deciding to reduce power sector…

6 Min Read

Dollar rises on soaring demand

Karachi: The US dollar rose to as high as Rs103.35 in the open market on Thursday, as buying from the…

3 Min Read

Trading in new crop begins

Karachi: Trading in new crop cotton started on the cotton market on Wednesday as buyers entered into future deliveries with…

2 Min Read

GE to overhaul PIA aircraft engines

Islamabad: The General Electric (GE) entered into an agreement with Pakistan International Airlines (PIA) here on Wednesday to overhaul and…

2 Min Read

Textile, clothing exports fall 1.21pc

Islamabad: Pakistan’s exports of textile and clothing fell by 1.21 per cent in 10 months of the current fiscal year…

2 Min Read

Flaws found in PTCL sale deal, PAC told

Islamabad: The National Accountability Bureau has found defects in the $2.6 billion deal for sale of 26 per cent shares…

3 Min Read

40pc regulatory duty on steel bars, billets opposed

Karachi: Pakistan Iron and Steel Merchants Association (PISMA) on Tuesday opposed a proposal to impose 40 per cent regulatory duty…

3 Min Read

Govt urged to end NICL ‘monopoly’

Islamabad: The Competition Commission of Pakistan (CCP) has asked the government to end the monopoly of the National Insurance Company…

2 Min Read