Business

Business

Internet escapes tax net

Lahore: The Punjab government on Friday withdrew tax on internet services apparently on ‘pressure of social media’. Hundreds of websites…

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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…

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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…

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‘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…

3 Min Read

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…

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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…

4 Min Read

Pakistan wheat surplus to cool imports this year

London: Wheat surplus in the country is likely to mean little appetite for imports this year, although it will purchase…

3 Min Read

‘No boost in infrastructure investments in Pakistan’

Washington: Brazil, Turkey, Peru, Colombia and India were among the five top destinations for infrastructure investments in 2014, says a…

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Merchandise exports fell by 5pc in July-May

Islamabad: Merchandise exports fell by 5.23 per cent to $21.875 billion during the first 11 months (July-May) of 2014-15 from…

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