Business

FBR slashes income tax rate to 0.25pc for sugar, cement, and edible oil dealers

FBR slashes income tax rate to 0.25pc for sugar, cement, and edible oil dealers

The Federal Board of Revenue (FBR) has slashed the income tax rate for dealers and sub-dealers of sugar, cement, and…
SBP allows banks to accept third party guarantee for house financing

SBP allows banks to accept third party guarantee for house financing

With an aim to facilitate the banks in extending low-cost housing finance, the State Bank of Pakistan (SBP) on Tuesday…
Bitcoin rises above $50,000 to a new record high

Bitcoin rises above $50,000 to a new record high

Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the…
Javed Afridi points finger at automobile industry as FBR probes import of MG Motors vehicles

Javed Afridi points finger at automobile industry as FBR probes import of MG Motors vehicles

Businessman Javed Afridi has indirectly accused the movers and shakers of the country’s automobile industry of launching a smear campaign…
Pakistan records remittances over $2b for eighth consecutive month

Pakistan records remittances over $2b for eighth consecutive month

Prime Minister Imran Khan thanked on Monday the overseas Pakistanis once again for ensuring that the country recorded remittances over…
Gwadar has potential to become a regional hub: Qureshi

Gwadar has potential to become a regional hub: Qureshi

Gwadar has the potential to be developed into a full-fledged regional hub and transshipment port, Foreign Minister Shah Mahmood Qureshi…
No supply agreement with any hospital, says exclusive distributor of Sputnik vaccine

No supply agreement with any hospital, says exclusive distributor of Sputnik vaccine

The exclusive distributor of the Sputnik V vaccine in the country, Ali Gohar Pharmaceuticals Pvt, says it has not entered into…
FBR claims tax reforms introduced in country starting to pay dividends

FBR claims tax reforms introduced in country starting to pay dividends

The Federal Board of Revenue (FBR) claimed on Friday that the tax reforms introduced by the country’s tax authority have…
Strepsils to file an appeal against competition commission’s decision: company

Strepsils to file an appeal against competition commission’s decision: company

Reckitt Benckiser has announced it will file an appeal against the Competition Commission of Pakistan’s (CCP) decision that penalised the…
Large-scale manufacturing expands 11.4pc in December

Large-scale manufacturing expands 11.4pc in December

 Large-scale manufacturing (LSM) in Pakistan grew 11.4 per cent in December 2020 as compared to December 2019, data released by…
Back to top button