Bullion prices surge in international, local markets
With the bullion price continues surging the per tola price of the precious metal surged by Rs 450 to Rs 46,950. Substantial increase in bullion
Provincial surplus: Budget deficit peaks to Rs 1,049B
ISLAMABAD: Surplus budget released by the provinces led budget deficit pushed up to Rs 1,049 billion during first nine months of current fiscal year. Finance
Punjab Budget likely to be presented on June 10, summary sent to CM Punjab
LAHORE: Punjab budget likely to be presented on June 10, while Budget session summary has been sent to CM Punjab Shahbaz Sharif. Punjab Minister for
Dairy sector may draw tax in fiscal year 2015-16
Consumers would have to dig deeper in their pockets because if the news of levying tax on dairy sector in the next budget turns out
Week ending May 8: Forex Reserves up by over $ 40M
KARACHI: Foreign exchange reserves increased from $ 17.6901 billion to $ 17.7393 billion depicting an increase of over $ 40 million last week. According to
CM Shahbaz announces special relief package for Ramadan
LAHORE: Chief Minister Punjab Shahbaz Sharif said that special relief package would be given to the locals during Ramadan month and nobody will be allowed
Punjab govt approves Ramadan Package for public
LAHORE: Punjab government has approved Ramadan Package for the public, while 318 Ramadan markets will be installed across the province, while 17 Model markets will
Sit-in ends on 5th day against proposed privatization of LESCO
LAHORE: Pakistan Wapda and Electric Hydro Power Union has ended four-day sit-in, while Union officials have threatened to besiege Jati Umrah if demands were not
Pakistan economy growing despite difficulties: UN report
United Nations has released an economic and social survey report related to Pakistan, stating that Pakistani economy is growing despite all difficulties, while budget deficit
Latest technology to be promoted to conserve energy: Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that the government would promote latest technology to conserve energy. Solar power generation would be ensured as per
Lahore: WAPDA workers’ protest continue for the third day
LAHORE: The protest of the workers of WAPDA against the privatization of the entity continued for the third day here. The protesting Pakistan WAPDA Hydro-electric
PTCL restricted to transfer properties to Etisalat
Public Accounts Committee (PAC) ordered ministry of privatisation to stop transferring Pakistan Telecommunication Limited (PTCL) properties to Etisalat. Khursheed Shah said that cent per cent
Corrective measures a must to save industrial sector from collapse: President FPCCI
President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Idrees has stressed on the need of reformative measures to help save
Punjab Govt to take action against substandard, adulterated seed sellers
LAHORE: Punjab Government has decided to take action against sellers of substandard seeds and adulterated fertilizers, while Agriculture Minister Dr. Farrukh Javed has said that
Meeting on May 19 to finalize annual development plan
ISLAMABAD: Budget preparation work has entered into the final stage and the meeting for the finalization of the annual development plan has been called on
CNG sector sales tax rate cut by 5 percent
ISLAMABAD: CNG and Fertilizer Sector Sales Tax rate has been reduced by 5 percent. According to notification issued by FBR, five percent sales tax to
KSE-100 Index closes at 33023 points
KARACHI: Karachi Stock market showed positive trend today and KSE-100 index succeeded in crossing the psychological barrier of 33000 points. The market was positive on
Fulfilling legalities for continuation GSP Plus’ benefits
Federal Minister Trade Khurram Dastagir Khan has said that the government is fulfilling the legalities for the continuation of GSP Plus benefits. He also rejected
KCCI demands tax system, its enforcement be reviewed
KARACHI: The Karachi Chamber of Commerce and Industry has demanded that tax system and its enforcement be reviewed. The acting vice president of the KCCI
Exports start from Gwadar Port for first time in history
GWADAR: First exports shipment has been dispatched from Gwadar Port to Dubai, while Federal Minister for Ports and Shipping, Kamran Michael said that 20 thousand