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FBR to probe 25 aviation companies amid fraud allegations

The Federal Board of Revenue (FBR) has received reports of misappropriation in the income tax and federal excise duty by several aviation companies. As per...

Cryptocurrency can be used among Islamic countries

ISTANBUL: A common cryptocurrency system should be formed among Islamic states, said International Business Forum (IBF) Chairman Erol Yarar. “The US dollar is beyond a common...
state bank of pakistan

SBP mops up Rs91bn from market

KARACHI: The State Bank of Pakistan on Tuesday mopped up Rs91 billion from the money market for one day as repo sale through its open...

IMF bailout still in Pakistan’s best interest, says Asad Umar

Finance Minister Asad Umar on Wednesday said that despite financial assistance from other countries, approaching the International Monetary Fund (IMF) is still in the...

Fresh audit reveals PIA’s market share greatly diminished between 2008-2017

ISLAMABAD: A recently conducted fresh audit report on the accounts of state-owned Pakistan International Airlines (PIA) between 2008-2017 has revealed its market share greatly diminished...