Category Archives: Business & Finance

Govt to Investigate Rs. 75 Billion Islamabad Airport Corruption Scandal

Aviation Minister, GhulamSarwar Khan, has informed the Senate of the government's plan to probe Islamabad Airport corruption scandal.He said that the cost had exceeded by Rs 70 billion i.e. from Rs 35 billion to Rs 105 billion. The project that

Pakistan’s export to Europe increased 55% after GSP Plus status: EU Ambassador

European Union Ambassador to Pakistan Jean-Francois Cautain says Pakistan's export to Europe has increased fifty five percent after grant of GSP Plus status to the country.Talking to representatives of Council of Pakistan Newspaper Editors at National ...

Pakistan Stock Exchange closes with bearish trend on Friday

Pakistan Stock Exchange was bearish on Friday.The KSE-100 Index closed today at 33672.49 points as compared to 33875.40 points on the last working day with a negative change of 202.91 points.The total turnover was 55,509,750 as compared to 39,486,850 o...

FBR to Introduce a Single Tax Portal for Filers

The Federal Board of Revenue (FBR) and the four provinces have decided to launch a single online portal for taxpayers for filing of sales tax returns of goods and services under the government's ease of doing business initiative.The single portal

Govt taking steps to attract national, foreign investors in GB: Adviser to CM

Adviser to Chief Minister Gilgit-Baltistan on Information Shams Mir says government is taking various steps to attract national and foreign investors in the area.Talking to media in Gilgit on Thursday, he said the area has great potential for investmen...

Pakistan Stock Exchange witnesses bullish trend on Thursday

The Pakistan Stock Exchange was bullish today.The KSE-100 Index closed today at 33875.40 points as compared to 33840.05 points on the last working day with a positive change of 35.35 points.The total turnover was 39,486,850 as compared to 40,611,860 on...

Export-led industry being focused by govt: Bakhtyar

Planning Minister Makhdum Khusro Bakhtyar says government is focusing on promoting export-led industry and import substitution for sustained economic growth. Chairing a meeting with Chinese Business delegation in Islamabad today, he said China can help...

FBR to Launch an Automated System for Tax Exemption Certificates

The Federal Board of Revenue (FBR) has proposed an automated system for the issuance of exemption certificates to importers of raw materials in a bid to expedite the processing time and remove human interaction.The FBR has sought proposals from all