Authorities had issued 120,350 first tax notice, of which 17,314 filed income tax returns, totalling to Rs306 million.

Average exchange rate for the current fiscal year is being worked out at Rs111.4 to a dollar.

The person was called by SBP and told to sell his stake to a blue-eyed banker or face the music.

Picks consortium to complete PIA transaction by June 2015.

Outdated staff service rules, preference of contractual employees causing dismay.

Shares plans of China-Pakistan Economic Corridor projects worth $39.6b .

Pakistan may benefit if it becomes member in near future of New Development Bank.

Dar directs water and power ministry to unplug connections of defaulters.

Manila-based lender projects growth rate for 2013-14 to be 3.4%, close to IMF’s estimates.

Planning ministry says cost not based on detailed feasibility study.