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15th Health and Pharma International Exhibition

Deals worth $150 million signed at health, pharma expo

KARACHI: Participants of 15th Health and Pharma International Exhibition on Wednesday signed agreements worth $150 million.The exhibition along with series of seminars was continued...
Engro

In shift, Pakistani giant Engro to bet big on rising middle class

Pakistan’s chemicals-to-energy conglomerate Engro Corp has seen its fortunes rise on the back of massive Chinese investment, but plans to shape its future growth...

No plans to dissolve PTA: IT minister

ISLAMABAD - Minister for Information Technology and Telecommunication (MoITT) Dr Khalid Maqbool Siddiqui here on Monday said that there is no plan to dissolve...
FBR

Withholding tax rate on non-cash banking transactions reduced to 0.4pc: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has said that the rate of withholding tax on non-cash banking transactions is reduced to 0.4 percent for...
state bank of pakistan

Dam fund raising reaches to Rs3bn: SBP

KARACHI: State Bank of Pakistan (SBP) has received an amount around Rs3 billion as collection for fund established for the construction of Diamer Basha...
state bank of pakistan

SBP allows import of life saving medicines worth $50,000 per invoice on open account

KARACHI: State Bank of Pakistan (SBP) has allowed imports on open account basis and advance payment up to $50,000 per invoice on import of...
fbr

Withholding tax on functions, gatherings rationalized on city basis: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday said that withholding tax rate on functions and gatherings has been rationalized on the basis of...
fbr

Payment of advance tax allowed on immovable property purchased on installment

ISLAMABAD: Purchasers of immovable properties have been allowed to pay advance tax along with installment paid instead of paying full tax while making final...
secp

Applications invited for hiring SECP commissioners

ISLAMABAD: The ministry of finance has invited applications to fill two vacant positions of commissioners at Securities and Exchange Commission of Pakistan (SECP). According to...
dollar

Trade war concerns underpin dollar gains

LONDON: The dollar consolidated gains on Wednesday as markets remained cautious about trade talks between the United States and Canada, as protracted weakness in...
FBR

Foreign payments through ATM card also liable to tax: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has included ATM Card for tax purpose in case amount remitted outside Pakistan. The FBR issued Income Tax...