inflation increases by 8.8 percent in April 2019

ISLAMABAD: The headline inflation has surged by 8.8 percent on year on year (YoY) in April 2019 as compared to an increase of 9.4...

PSX warns PIA of suspending its share trading for non-compliance

KARACHI: Pakistan Stock Exchange (PSX) has warned Pakistan International Airline (PIA) of suspending share trading from May 22, 2019 for non-compliance of regulations. In a...

FBR reduces up to 88 percent sales tax on petroleum products

ISLAMABAD: Federal Board of Revenue (FBR) has significantly reduced the sales tax rates up to 88 percent on supply of petroleum products for five...

FBR hints at raise in tax collection target by Rs600bn for...

ISLAMABAD: A delegation of Federal Board of Revenue (FBR), headed by its Chairman Jehanzeb Khan held negotiation with the officials of International Monetary Fund...

Sindh receives Rs441.8 billion in nine months: finance ministry

ISLAMABAD: The ministry of finance on Monday said that Sindh has received Rs441.8 billion during the first nine months of current fiscal year. While clarifying...

FBR IR offices to remain open till 8:00pm on April 30...

ISLAMABAD: Federal Board of Revenue (FBR) on Monday directed the offices of Inland Revenue to observe extended working hours to facilitate taxpayers for filing...

Pakistan, China agree on duty free access to 313 tariff lines

ISLAMABAD: Pakistan and China have signed second phase of Free Trade Agreement (FTA) under which both the countries have agreed allowing duty free access...

Inflation increases by 17.15pc for higher income group

KARACHI: The prices of essential items has increased by 17.15 percent for higher income group above Rs35,000, according to weekly Sensitive Price Indicator (SPI)...

Prime Minister, World Bank CEO discuss economic, fiscal situation

ISLAMABAD: Prime Minister Imran Khan on Friday met Ms. Kristalina Georgieva, Chief Executive Officer (CEO) of the World Bank on the sidelines of the...

Country’s foreign exchange reserves declines by $202 million

KARACHI: The liquid foreign exchange reserves of the country declined by $202 million to $15.994 billion by week ended April 19, 2019 as compared...

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