A 22-member delegation of Omani businessmen, led by Chairman Oman Chamber of Commerce and Industry Redha Juma Mohamed Ali Al Saleh, and comprising Pakistani businessmen in Oman, called on Prime Minister Imran Khan on Thursday. After 20 years, this is t…

Discussing the Finance Supplementary Bill 2021 for the second consecutive day, the Senate Standing Committee on Finance recommended on Thursday withdrawal of the proposed 17 percent general sales tax (GST) on gold jewelry and also opposed the proposal …

The Pakistani Rupee (PKR) once again posted losses against the US Dollar (USD) in the interbank market today. It depreciated by 18 paisas against the greenback after hitting an intra-day low of Rs. 177.07 against the latter during today’s open market s…

A business delegation of Oman led by Engr. Redha Al Saleh, Chairman, Oman Chamber of Commerce & Industry visited Islamabad Chamber of Commerce & Industry and held B2B meeti…

Systems Limited has expanded its operations in the heartland of the Arab world with the establishment of its 100 percent owned subsidiary in the Kingdom of Saudi Arabia, aimed at enhancing its footprint in the foreign markets.The company has set up the…

Pakistan-China Institute (PCI) and All-Pakistan Chinese Enterprises Association (APCEA) launched the ‘APCEA Sustainable Development Report 2021’ during an event organized at the Chinese Embassy.The event was attended by over 100 participants and featur…

The Federal Board of Revenue (FBR) has assigned jurisdiction to the officials of Designated Non-Financial Businesses and Professions (DNFBP) to comply with the Financial Action Task Force (FATF) requirements.DNFBP is a classification used by FATF denot…

With an objective to improve the timely inflow of foreign exchange from export proceeds in the market, the State Bank of Pakistan (SBP) has amended the foreign exchange regulations and directed the exporters to bring export proceeds within a maximum pe…

Prime Minister (PM) Imran Khan chaired a meeting to review the progress on development projects in Balochistan yesterday in Islamabad.The meeting was given a comprehensive overview regarding Improvement in Governance Structure, Execution of Government-…

The government is likely to remove all tax exemptions by the next budget, i.e., for the fiscal year 2022-23 which would entail around Rs. 350 billion additional revenue measures.Chairman FBR Dr. Ashfaq Ahmed revealed this while briefing the Senate Stan…