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Body set up to plug Rs5.6tr tax gap
ISLAMABAD: The interim government on Wednesday set up yet another task force for tax reforms, as an internal assessment revealed…
‘CPEC’s Suki Kinari project progressing fast’
ISLAMABAD: The Pakistan Managing Director of China Energy International Group, Wang Huihua, has announced that the construction of…
Rupee breaches Rs290 mark against US dollar
KARACHI: The Pakistani rupee has displayed significant strength, breaching the Rs290 mark against the US dollar for the first time…
P2M option deployed on Raast
KARACHI: Pakistan’s central bank has deployed the person-to-merchant (P2M) online payment option on its instant payment system,…
Fiscal consolidation of Rs3.2tr sought
ISLAMABAD: The interim government has finalised its strategy to revive the economy, focusing on increasing taxes on key sectors,…
‘Challenging situation’ besets China in Pakistan
ISLAMABAD: Pakistan has decided to further beef up security to safeguard the commercial interests of China after both the sides…
Minister urges strict price control measures
ISLAMABAD: Minister for Planning, Development, and Special Initiatives, Muhammad Sami Saeed, chaired a meeting of the National…
Rupee reaches six-week high, stands below 291/$
KARACHI: Pakistani currency on Monday hit a six-week high below Rs291 to a dollar in the inter-bank market, extending its winning…
Pakistan introduces eco-friendly VLSFO
KARACHI: In a long-awaited move, Pakistan has introduced Very Low Sulphur Furnace Oil (VLSFO), the only approved fuel for sea…
Govt warned of rise in rebar prices
ISLAMABAD: Large steel producers have warned the government that a surge in steel rebar prices is imminent owing to the…