Business

These are taxing times. Everyone is talking taxes and feeling taxed.

A mixed trend kicked in at the stock market on Tuesday as the index somehow managed to resurface after a 100-point fall.

The head of IMF praised Pakistan's commitment to an $11.3 billion rescue package, despite a delay in setting up tax.

Capital Gains Tax is to be levied on all shares from July 1.

The FBR has confirmed that thousands of containers have passed through the customs authorities without payment of duties.

Stocks were again lacklustre on Monday with the index ending lower as most investors chose to remain cautious.

The ADB disbursements have fallen short of the total target by over 40 per cent for 2010.

The Karachi Stock Exchange began a new week on Monday with key indices mildly down in negative zone.

The financial accounts of the food department face ever rising burdens as has risen to Rs190 billion.

Thousands of Pakistanis live and die never knowing what a full stomach feels like.

Being a multi-billionaire dollar business tycoon is not an easy job.

In 2007 Pakistani markets witnessed an unprecedented event, capitalisation increased to 49.2 per cent.

Romanian Ambassador to Pakistan said that Romania will soon reopen its consulate in Karachi to facilitate trade.

Nepra has set a hearing on June 29 of petitions filed by power distribution companies for an increase of Rs1.07 per unit.

Gold prices hit a record high on Saturday as per-tola prices surged by Rs200 to Rs39,900.

The market continued its upward climb as the benchmark KSE-100 index rose 1.6 per cent.

The State Bank of Pakistan (SBP) has developed criteria for the conversion of conventional branches into Islamic banking.

The KSE-100 index, which posted a return of 37 per cent, has outperformed various asset classes in the current fiscal year.

Stocks ended flat in slow trade as investors remained cautious ahead of the fiscal year-end and amid uncertainty over CGT.

The committee set up to investigate fudging of economic growth data has exonerated the government from the allegation.

British Foreign Secretary William Hague said that he hopes to see stronger relations between Pakistan and the UK.