UAE now among world’s top ten tax havens PARIS: The UAE has entered the world’s top ten tax havens for the first time, research showed Tuesday, in a report... Published 15 Mar, 2021 05:22am
Business & Finance Empowered SBP to help control inflation, improve economy: PBIF KARACHI: Chairman of National Business Group and President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian... Published 13 Mar, 2021 04:28am
Business & Finance Govt urged to curb illicit trade KARACHI: The Stop Illicit Trade (SIT), an advisory forum for the prevention of illicit trade in the country, has... Published 13 Mar, 2021 04:28am
Pakistan Fiscal deficit contained at 2.5pc of GDP in first half of FY21 For the Financial Year 2020-21, the overall fiscal deficit was projected at 7.0 percent of the GDP. Published 11 Mar, 2021 05:55pm
Markets Pandemic could lower Polish 2021 GDP growth to 2-3%, says state fund head "The pace of GDP growth (in 2021) may be 4-5%," Pawel Borys told Dziennik Gazeta Prawna daily. Published 11 Mar, 2021 12:55pm
Markets US may label Taiwan a currency manipulator, says central bank gov Both exceed by a wide margin Washington's criteria for labelling a country a currency manipulator. Published 11 Mar, 2021 11:59am
Print China approves $1.5bn currency swap with Sri Lanka COLOMBO: China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman ... Published 11 Mar, 2021 05:25am
Print Vaccines, US stimulus boost global GDP forecast: OECD PARIS: The OECD sharply raised its 2021 global growth forecast on Tuesday as the deployment of vaccines and a huge ... Published 10 Mar, 2021 04:59am
Pakistan Speakers urge govt to ensure ‘gender equity’ KARACHI: Speakers at a seminar on Monday urged the government to ensure ‘gender equity’ and full participation ... Updated 09 Mar, 2021 09:40am
Opinion Covid-19 and provincial finances The focus of the consequences of Covid-19 on public finances has generally been at the Federal level. Some impacts... Published 09 Mar, 2021 05:45am
Markets Shares falter as tech skids, yields and oil ring inflation alarm Prices had already been supported by a decision by OPEC and its allies not to increase supply in April. Published 08 Mar, 2021 10:04am
Print Charities blast British aid cut for war-torn Yemen LONDON: Over 100 charities including Oxfam and Save the Children hit out Saturday at UK’s plans to slash by half... Published 07 Mar, 2021 04:07am
Business & Finance Multinationals mask lockdown damage in Irish 2020 GDP growth DUBLIN: Irish gross domestic product grew by 3.4% in 2020 as the large and relatively pandemic-proof multinational... Published 06 Mar, 2021 05:01am
Business & Finance China says wants economy to grow over 6pc in 2021 BEIJING: China’s leaders said Friday they had set a target for GDP to grow more than six percent this year, as the... Published 06 Mar, 2021 05:01am
Business & Finance China sets 'low bar' for GDP growth, pledges more jobs There was also no target for job creation over the next five years, though the government said China's urban survey-based jobless rate will be kept under 5.5%. Published 05 Mar, 2021 10:55am
Markets Australian shares track Wall Street lower on weak US jobs data In New Zealand, the benchmark S&P/NZX 50 index skidded 0.8% to 12,258.7. Published 04 Mar, 2021 10:01am
Markets Australia shares set to fall tracking Wall Street on disappointing jobs data, NZ down New Zealand's benchmark S&P/NZX 50 index was down 0.3% in early trade. Published 04 Mar, 2021 09:58am
Business & Finance US private payrolls rise modestly, worker shortages emerging Many services businesses complained about supply delays and raw material shortages caused by the dearth of workers. Published 04 Mar, 2021 09:40am
Business & Finance Brazil ends new 'lost decade' with GDP drop of 4.1pc in 2020 The economists have been revising down their 2021 growth forecasts for Brazil, in the face of a worsening wave of Covid-19. Published 03 Mar, 2021 08:01pm
Markets Australia shares climb as upbeat GDP data cements economic recovery hopes In New Zealand, the benchmark S&P/NZX 50 index slipped 0.4% to 12,296.07. Published 03 Mar, 2021 10:07am
Print PML-N criticises govt for country’s burgeoning debt ISLAMABAD: The Pakistan Muslim League-Nawaz senior leader and former finance minister Miftah Ismail, on Tuesday,... Updated 03 Mar, 2021 09:35am
Print Over Rs1trn borrowed for budgetary support KARACHI: The federal government has borrowed over Rs 1 trillion for budgetary support from scheduled banks during... Updated 03 Mar, 2021 09:35am
Business & Finance Canada’s economy contracted by a record 5.4pc in 2020 OTTAWA: Canada’s pandemic-hit economy contracted 5.4 percent in 2020, its worst plunge on record, despite a strong... Published 03 Mar, 2021 05:49am
Print NA told: Debt-to-GDP ratio may soar to 87pc by end-FY21 ISLAMABAD: Finance Minister Dr Abdul Hafeez Shaikh Monday informed the National Assembly that the debt-to-GDP ratio... Updated 02 Mar, 2021 09:41am
Business & Finance Tax-to-GDP ratio goes below average in 2 fiscal years: WB official ISLAMABAD: World Bank’s senior tax specialist has pointed out that Pakistan’s tax-to-GDP ratio dropped and went... Updated 02 Mar, 2021 09:44am
Print FY21 fiscal deficit projected at 7pc of GDP ISLAMABAD: The Finance Ministry has informed the National Assembly, on Monday that the federal fiscal deficit was ... Updated 02 Mar, 2021 09:41am
Business & Finance Italy debt soars ROME: Italy’s public debt soared last year, rising more than 20 percentage points as the coronavirus pandemic... Updated 02 Mar, 2021 09:44am
Business & Finance Turkey emerges from Covid-19 hit with 1.8pc economic growth ISTANBUL Turkey’s economy grew 5.9% in the fourth quarter and 1.8% in 2020 as a whole, annual data showed on... Updated 02 Mar, 2021 09:44am
Markets Turkish economy grew 2.3% in 2020 despite pandemic "Indicators still show growing demand for manufacturing despite COVID-19 restrictions," BofA added. Published 01 Mar, 2021 12:28pm
Business & Finance Hong Kong plans lower budget deficit as economy expected to recover Gross domestic product (GDP) shrank 6.1% in 2020, its worst annual performance on record since 1962. Published 24 Feb, 2021 02:57pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees