Business

Business

Foreign investment falls by 26pc in Jul-Sept

Foreign investment further fell in the first quarter of the current fiscal year. The government is inviting investors from the…

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Income Tax collection on demand falls 10pc

Income tax collection on demand fell by 9.9 per cent in 2013-14 from a year ago. According to official statistics,…

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WHT on imported used cars not collected claims PAADA

The Pakistan Automobile Assemblers and Dealers Association has claimed that the government had lost over Rs100 million in three months…

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Attorney general and Nepra both issued notices in overbilling case

Justice Athar Minallah of Islamabad High Court (IHC), on Friday, issued notices to the attorney general (AG), the National Electric…

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NAB Mufti Saqib in Rs350m Modarba scam case

The National Accountability Bureau (NAB) Rawalpindi earlier yesterday arrested Mohammad Saqib of M/s Global Concerns in connection with the Modaraba…

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KP govt gives the nod to Rs10bn for oil and gas exploration company

The Khyber Pakhtunkhwa government yesterday approved Rs10 billion for the provincial Oil and Gas Development Company Limited (KPOGDCL) with a…

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Textile policy in the doldrums pending govt approval

Despite a lapse of three months, the federal finance ministry is yet to approve the new textile policy which carries…

1 Min Read

PTCL’s profit take a nose dive

Pakistan Telecommunication Company Limited (PTCL) posted profit-after-tax (PAT) at Rs7.8 billion for the nine months (9M2014) ended Sept 30, translating…

1 Min Read

SBP decides to outrightly sale/purchase sukuks

The State Bank earlier today took an important decision regarding facilitating Islamic Banking through outright purchase and sale of Islamic…

1 Min Read