Business

Business

Tax facilitation centres set up by FBR

The Federal Board of Revenue has established 200 tax facilitation kiosks for filing of income tax returns. The centres have…

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Textile, clothing exports fall in July-August of current fiscal year

Pakistan’s export of textile and clothing fell by over five per cent in the first two months of the current…

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Current account deficit gap widens to $1.4bn

The current account deficit in the first two months of this fiscal year has widened to almost half of the…

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Bears return to stock market

Profit-taking ahead of an eventful week-end pulled KSE-100 index down by 78.36 points yesterday, though the benchmark kept clinging to…

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Massive over-billing been conducted by power companies: Report

A preliminary analysis of random data of electricity distribution companies (Discos) has found massive presumptive billing, overcharging and increase in…

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Interest rate likely to remain unchanged in upcoming monetary policy statement

The State Bank of Pakistan (SBP) will unveil its Monetary Policy Statement (MPS) for the next two months on Sept…

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International Finance Corporation to invest $67m in Bank Alfalah

The International Finance Corporation (IFC), a member of the World Bank Group, has entered into an agreement with Bank Alfalah…

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Dar rules out easy recovery of the billions stashed away in Swiss banks

Finance Minister Ishaq Dar yesterday ruled out the possibility of the recovery of billions of dollars stashed in Swiss banks…

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“Western sanctions violate WTO principles”: Russian President Putin

Russian President Vladimir Putin yesterday lambasted the European Union and the United States for violating basic World Trade Organisation principles…

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