KARACHI: The Sate Bank of Pakistan on Tuesday allowed domestic mills to export 500,000 MTs of the sugar without any quota restriction. Following the decision of the Economic Co-ordination Committee (ECC) of the Cabinet, the

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ISLAMABAD: The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday allowed Trading Corporation of Pakistan to dispose of 700 metric tons (MTs) imported stock of sugar and constituted a committee to decide about the

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ISLAMABAD: Parliamentarians on Wednesday criticised the Federal Board of Revenue and held it responsible for leakage of confidential tax return information to a Non-Governmental Organisation (NGO). In a rare demonstration of unanimity, senior leaders of

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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Ali Arshad Hakim on Wednesday said the FBR will stand behind parliamentarians who want to adopt legal course against their understated or misstated tax figures in a report

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ISLAMABAD: The Federal Board of Revenue will only allow the US cargo, including military vehicles for transit to Afghanistan via Torkham and Chaman, which is certified as free of hazardous waste material, and depleted uranium

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KARACHI: The country's economy is still in recession with challenges such as energy crisis, decline in investment and poor law & order, said the Sate Bank of Pakistan (SBP) in its quarterly development finance review.

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ISLAMABAD: The Supreme Court in its reserved judgement on Compressed Natural Gas (CNG) pricing that it announced on Friday directed Oil and Gas Regulatory Authority (Ogra) to come up with a consumer-friendly pricing formula after

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ISLAMABAD: Prime Minister Raja Pervez Ashraf on Friday cleared a three-year Strategic Trade Policy Framework (STPF) 2012-15 with the Planning Commission and Finance Ministry finally extending support to the Commerce Ministry's draft after six months.

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ISLAMABAD: Prime Minister Raja Pervez Ashraf was misguided by the economic team that National Accountability Bureau's (NAB) daily corruption estimate exceeded the total income of the country, economists maintain. The size of the economy is

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ISLAMABAD: Pakistan has imposed provisional anti-dumping duty, ranging between 2.09 percent to 8.82 percent on the import of Polyester Staple Fibre (PSF) from China with effect from December 21, 2012 to April 20, 2013. Official

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