Business

Prices rise as companies pass impact of new taxes on to customers

Cement industry contributed Rs110 billion to the national exchequer in the last fiscal year

Cumulatively, the rupee has depreciated almost 49% since December 2017

Behbood certificates, meant for pensioners and families of martyrs, will have profit rate of 14.76%

Says gratuity, PF and leave encashment are not liability of federal government

Decision violates law which binds authorities to approve only financially viable schemes

FBR has not issued any notice to people who have offshore accounts after Jan

Financial institution will assist in all stages of development schemes, from conceptualisation to its financial close

Finance adviser says 100,000 non-filers added to tax net with amnesty scheme

Decrease comes on account of external debt servicing and other official payments

Markets remain unmoved by detention of supertanker by British Royal Marines in Gibraltar

Benchmark index decreases 0.93% to settle at 34,570.62

Hafeez Shaikh says nearly 137,000 people registered at the closure of the amnesty this week

Pakistan is preparing for the sale of Eurobonds, Sukuk and Chinese Renminbi bonds

Plan to engage in Islamabad IT SEZ project as a public-private partnership

PM aide calls relief to farmers, working relationship with industry top priority

EU leaders choose France’s Lagarde as next ECB chief; euro zone bond yields hit record lows

Former UK govt official says planning for no-deal is like preparing for crisis

He informed that ITMA was one of the biggest exhibition of latest and modern textile machinery

Power companies will borrow from banks through Sukuk issue to reduce their liabilities

It is believed the restriction may not stop smuggling to Afghanistan

Lender to immediately disburse $1 billion out of total package

Benchmark index increases 589.44 points to settle at 34,896.55

OPEC+ decision to extend output cuts is not enough to counter investors' concerns

He was of the view that tax return filing was the responsibility of every citizen to ensure growth

The business community had been pushed deep into the quagmire of uncertainty

Urges Chinese team to cooperate in development of industry

PJMA secretary says industry relies heavily on imports from Bangladesh

Seeks further investigation and action against the accused

Reading came in at 7.3% for FY19 due to expensive power and gas, 32% rupee fall

Is digging records of people, asking them to file tax returns

Ask govt to withdraw 17% sales tax; requirement for buyers CNICs and stop harassment by FBR

Stands at 158.06 against US dollar in inter-bank market

If approved, first tranche of $500m will be released in current month

Benchmark index increases 310.78 points to settle at 34,307.11

USTR released a list of products including olives, Italian cheese that could be hit with tariffs

Agreement reached in wake of fears about weaker global demand due to US-China spat

Sixteen projects will be initiated under the PM's agri-emergency programme

The rupee has strengthened Rs6 against the greenback in the two days

Assets under management of mutual funds fall to Rs610 billion

Begins processing a million eggs per day, aims to modernise supply chain

Analysts remain cautious about way forward to a mutually beneficial trade deal

This is 4.36b units more than the hydel power generation in FY18

The SPI for the lowest income group increased 0.11% compared to the previous week

Traders will also participate in rally on Tuesday to get demands heard

CNG price in Sindh, Balochistan, K-P raised by up to Rs22 per kg

Centre seeks help of provinces to broaden tax net

Establishes committee, headed by Adviser to PM Dr Ishrat Hussain, to form uniform policy for the purpose

Former president Zardari arrested in Park Lane Company case

Benchmark index increases 0.28% to settle at 33,996.33