Determining an individual’s residency status: some taxation anomalies The Finance Act, 2022 has virtually decided that a Pakistani citizen can be taxed in Pakistan even if he never comes... Published 24 Aug, 2022 05:08am
Business & Finance PSMA urges govt to allow export of surplus sugar LAHORE: The Pakistan Sugar Mills Association (PSMA) reiterating its demand on Tuesday has appealed to the federal... Published 24 Aug, 2022 05:08am
Business & Finance ‘Illegally imported’: FBR allowed to release CBU consignments on 100pc surcharge ISLAMABAD: The federal government has allowed the Federal Board of Revenue (FBR) to release ‘illegally imported’ CBU... Updated 24 Aug, 2022 09:44am
Opinion Burgeoning budget deficit The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are... Published 23 Aug, 2022 05:56am
Pakistan Govt wants digital census done before next polls ISLAMABAD: Federal government wants to complete the process for the digital census in the country before holding of... Updated 23 Aug, 2022 06:29am
Markets Export-oriented sectors: Govt backs out of subsidised power decision Insiders claim that the decision has been taken to meet the conditions of International Monetary Fund (IMF) as the Fund has not supported additional funding for export-oriented industry Updated 23 Aug, 2022 09:25am
Print Govt not happy with Nepra’s decision on wheeling charges ISLAMABAD: The Federal Government is reportedly unhappy with the power sector regulator for giving “unfair”... Updated 23 Aug, 2022 09:19am
Business & Finance Hasnie assigned ‘look after charge’ of NBP president ISLAMABAD: The federal government has assigned “look after charge” of president/CEO National Bank of Pakistan... Published 23 Aug, 2022 05:56am
Print SAP reverted to Cabinet Division Minister for Planning & Development, Ahsan Iqbal had recommended that the programme be shifted back to the Cabinet Division Updated 22 Aug, 2022 10:01am
Pakistan PMA calls for resolution of PMC issue KARACHI: Pakistan Medical Association in its Central Council meeting at PMA House Karachi on Sunday urged the ... Published 22 Aug, 2022 06:33am
Pakistan Custodial death Govt bill draws huge criticism from opposition in Senate ISLAMABAD: The federal government Thursday moved the Torture and Custodial Death (Prevention and Punishment) Bill... Published 19 Aug, 2022 08:21am
Business & Finance 1H2022: NBP pre-tax profit soars 21pc to Rs33.9bn YoY KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on Wednesday to approve ... Published 19 Aug, 2022 05:57am
Business & Finance Farman made PRCL’s CEO ISLAMABAD: The Federal Government has appointed Farman Ullah as Chief Executive Officer (CEO) Pakistan Reinsurance... Updated 18 Aug, 2022 09:31am
Pakistan Captain Usman (retd) made Chief Commissioner ICT ISLAMABAD: Federal government on Tuesday transferred Captain Muhammad Usman (retd) from Punjab government and is... Published 17 Aug, 2022 06:07am
Print NA passes ‘Inter-Governmental Commercial Transactions Bill, 2022’ ISLAMABAD: The National Assembly on Monday passed the Inter-Governmental Commercial Transactions Bill, 2022 aimed at... Updated 16 Aug, 2022 09:35am
Pakistan Flood-affected areas: PM orders Rs50,000 per family financial assistance thru BISP ISLAMABAD: Prime Minister Shehbaz Sharif has directed that Rs50,000 per family instead of Rs30,000 should be... Updated 16 Aug, 2022 09:30am
Print Debt and liabilities hit historic high of Rs59.6trn KARACHI: Pakistan’s total debt and liabilities (domestic and external) continued to grow and reached the historic... Updated 16 Aug, 2022 09:57am
Pakistan Govt moves IHC for physical custody of Gill ISLAMABAD: The federal government has approached Islamabad High Court (IHC) for physical custody of Shahbaz Gill... Published 14 Aug, 2022 07:26am
Print Oil refineries’ estimates: POL products’ prices may soar by up to Rs16.48 per litre OGRA will send summary to finance division seeking revision on Monday Updated 14 Aug, 2022 04:53pm
Pakistan Swat, Miramshah and Mir Ali areas: PM forms 16-member Jirga to deal with law and order challenge Locals are currently staging sit-in protest against increased incidents of target killings, militant activities Updated 12 Aug, 2022 10:20am
Print USF and Ignite: Telecom operators seek suspension of their contribution for two years Proposal aimed at partially mitigating digital emergency triggered by exponential increase in cost of doing business Updated 12 Aug, 2022 09:41am
Opinion Prospects brighten for shipping sector? Growth or development has not come to Pakistan’s shipping sector naturally. In fact, for a large chunk of its... Published 11 Aug, 2022 04:35am
Print Move aims at keeping uniform rate across country: Nepra approves Re0.57 per unit hike in KE tariff ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase of Re0.57 per unit in... Updated 11 Aug, 2022 09:48am
Markets ‘Incentivised’ zero-rated sectors: Govt in a ‘quandary’ over supply of cheap power Ensuring supply of electricity at 9 cents per unit to cost Rs80 billion in FY23 Updated 09 Aug, 2022 03:24pm
Editorials When it rains, it pours EDITORIAL: It goes from bad to worse every day in the south, especially Balochistan, as earthquakes now compound the... Published 08 Aug, 2022 05:41am
Print Country a net importer, says Miftah somberly KARACHI: Federal Minister for Finance and Revenue Miftah Ismail has said that the federal government had made tough... Updated 07 Aug, 2022 01:12pm
Pakistan PM orders release of Rs5bn to NDMA Says government has to help people above its party interests Updated 06 Aug, 2022 12:00pm
Pakistan Martyrs of helicopter crash: KP businessmen hold condolence reference PESHAWAR: Business community of Khyber Pakhtunkhwa have demanded from the federal government to announce the... Published 04 Aug, 2022 07:05am
Pakistan Leaders of PDM, ruling coalition meet: Bodies formed to draft measures against PTI following ECP verdict ISLAMABAD: The joint meeting of ruling coalition partners and Pakistan Democratic Movement (PDM) on Tuesday... Published 03 Aug, 2022 06:51am
Print Govt reconstitutes boards of four Discos ISLAMABAD: The Federal Government has reconstituted Boards of four power Distribution Companies (Discos), i.e.,... Updated 02 Aug, 2022 10:19am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees