The Federal Board of Revenue is verifying authenticity of thousands of exemption certificates used for clearance of imported consignments without payment of withholding tax during July 1, 2013 - January 2014. The FBR issued instructions to field formation
The Federal Board of Revenue is verifying authenticity of thousands of exemption certificates used for clearance of imported consignments without payment of withholding tax during July 1, 2013 - January 2014. The FBR issued instructions to field formation
The Federal Board of Revenue is verifying authenticity of thousands of exemption certificates used for clearance of imported consignments without payment of withholding tax during July 1, 2013 - January 2014. The FBR issued instructions to field formation
The government has committed to include sales tax and income tax crimes in the Schedule of Offences in the Anti-Money Laundering Act 2010 (AMLA) under a new structural benchmark in the second review of the $6.4 billion Extended Fund Facility by the IMF. T
The government has committed to include sales tax and income tax crimes in the Schedule of Offences in the Anti-Money Laundering Act 2010 (AMLA) under a new structural benchmark in the second review of the $6.4 billion Extended Fund Facility by the IMF. T
The government has committed to include sales tax and income tax crimes in the Schedule of Offences in the Anti-Money Laundering Act 2010 (AMLA) under a new structural benchmark in the second review of the $6.4 billion Extended Fund Facility by the IMF. T
The United Nation's Human Rights Council on Friday adopted a Pakistan sponsored resolution by an overwhelming majority on the use of armed drones. The resolution urges the member states to ensure that the use of armed drones comply with their obligations
The United Nation's Human Rights Council on Friday adopted a Pakistan sponsored resolution by an overwhelming majority on the use of armed drones. The resolution urges the member states to ensure that the use of armed drones comply with their obligations
Khyber Pakhtunkhwa cabinet was expanded on Friday with induction of five new ministers, three advisors and as many special assistants to the chief minister. The portfolio of health minister was also changed. Provincial Information Minister Shah Farman ann
Director General Strategic Plans Division (SPD) Lieutenant General Zubair Mehmood Hayat and Chairman Pakistan Atomic Energy Commission (PAEC) Ansar Pervez here on Friday called on the Minister for Finance Ishaq Dar. The Chairman PAEC briefed the Minister
The UN is sending a human rights expert to Britain for the first time to investigate violence against women, it was announced on Friday. Rashida Manjoo will visit Britain from March 31 to April 15 to "to study the main manifestations of violence perpetrat
The Board of Investment (BoI) has started appointing Honorary Investment Counsellors (HICs) abroad, who would work in co-ordination with the board to promote international trade and investment opportunities in Pakistan. The board in consultation with the
The Board of Investment (BoI) has started appointing Honorary Investment Counsellors (HICs) abroad, who would work in co-ordination with the board to promote international trade and investment opportunities in Pakistan. The board in consultation with the
The Board of Investment (BoI) has started appointing Honorary Investment Counsellors (HICs) abroad, who would work in co-ordination with the board to promote international trade and investment opportunities in Pakistan. The board in consultation with the
Unknown gunmen on Friday opened fire at the car of a prominent television anchor known for his outspoken views against the Taliban, killing his driver and injuring his bodyguard. Raza Rumi was returning home from the Express Television office when his car
Taliban militants on Friday attacked a Kabul guesthouse used by a US anti-landmine charity, killing one girl as gunfire and explosions rocked the Afghan capital one week before the presidential election. A terrified group of foreigners, including several
Taliban militants on Friday attacked a Kabul guesthouse used by a US anti-landmine charity, killing one girl as gunfire and explosions rocked the Afghan capital one week before the presidential election. A terrified group of foreigners, including several
Brent crude oil rose for a fourth straight session on Friday, notching its first weekly gain since February, on promising US economic data and concern that possible Western sanctions on Russia's energy sector could disrupt global supplies. The United Stat
Cotton futures rose 1 percent on Thursday on encouraging US export sales and tight physical supplies, rebounding from the previous session's sharp selloff after prices touched a two-year high. Investors bought cotton contracts after US weekly cotton expor
Tokyo rubber futures ended lower on Friday as a firm yen spurred selling, but steadier oil prices still lent support, dealers said. The Tokyo Commodity Exchange rubber contract for September delivery fell 3.4 yen to settle at 233.5 yen ($2.29) per kg. "Th
The most-traded June copper contract on the Shanghai Futures Exchange climbed 0.5 percent to 46,190 yuan ($7,400) a tonne on Friday as hopes for stimulus in top metals user China put it on target for its biggest weekly rise in six months. Worries about un
Aluminium climbed on Friday after US producer Alcoa cut more capacity from an over-supplied market while copper hit its highest level in 2-1/2 weeks as speculation gathered pace that China could step in to stimulate its economy. Three-month aluminium on t
Malaysian palm oil futures ended nearly flat on Friday, reversing gains earlier in the session to hover at six-week lows, as investor uncertainty about lacklustre demand for the tropical oil dragged prices to their third straight weekly loss. Malaysian pa
Cocoa futures closed firm on volatile chart-based dealings on Friday, as the market formed a potentially bullish indicator, while ICE arabica rose with any crop relief from rain in top grower Brazil's coffee belt seen as limited. Raw sugar on ICE Futures
US corn climbed 1.6 percent to its highest in nearly three weeks on Thursday, lifted by large export sales, while wheat futures also rose as grain prices rebounded after two sessions of declines. Soyabean futures edged lower at the Chicago Board of Trade,
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Gold dropped about 1 percent on Thursday, breaking below $1,300 an ounce for the first time since mid-February, as encouraging US economic growth in the fourth quarter diminished the metal's appeal as a hedge. Spot gold was down 0.9 percent at $1,291.56 a
Gold recovered slightly on Friday after sharp overnight declines but the metal remained near six-week lows and on track for a second straight weekly decline, as improving sentiment over the US economic outlook dented its safe-haven appeal. Spot gold was u
Gold fell briefly to fresh six-week lows under $1,300 an ounce on Friday, on track for a second straight weekly decline as an improving US economic outlook lifted the dollar and bolstered appetite for risk. Bullion has dropped about $100 an ounce from a s
US wheat futures fell 2.2 percent on Friday as investors awaited key US planting and stocks data but stayed on course for a small weekly rise as the market worried about dry weather in the US Plains. Corn and soyabeans inched higher in subdued trading in
Bridge is a game where your skill as a player is tested almost on every deal that is a bit challenging. Most of the deals are routine. Some have a bit of a problem with an adverse opening lead. At times you feel pinched when the defense is extraordinarily
Gold turned higher after touching six-week lows under $1,300 an ounce on Friday, but marked its second straight weekly decline as an improving US economic outlook lifted the dollar and bolstered appetite for risk. Bullion has been volatile and has dropped
When Jennifer Lawrence tripped on her way to accept her best actress Oscar last year, her blush pink princess-like Dior Haute Couture gown was captured in all its glory as the unscripted moment made ripples around the world. That bonus air-time for a sing
On Friday, BRIndex30 opened at 16,479.54. It touched an intraday high of 16,567.76 and an intraday low of 16,351.40 and closed at 16,364.21 which was -115.33 points or -0.7 percent lower than previous close. Total volume was 94,982,800, which was 55.62 pe
With sales in the global luxury sector starting to slow, Italian shoes and handbags stand out as powerful growth engines as the middle classes in emerging economies indulge the urge to accessorise. Companies like Casadei and Furla, which showed off their
On Friday, BRIndex30 opened at 16,479.54. It touched an intraday high of 16,567.76 and an intraday low of 16,351.40 and closed at 16,364.21 which was -115.33 points or -0.7 percent lower than previous close. Total volume was 94,982,800, which was 55.62 pe
It took Woody Allen to lure Australian star Cate Blanchett back to the silver screen, but her Oscar-winning turn as a disgraced New York socialite initially left the legendary director cold. Blanchett, 44, earlier this month took home the best actress Osc
After gaining some 775 points in last three sessions, profit-taking dragged the equities into the negative zone on the last working day of the week Friday. The index lost 49.36 points to close 27,116 points down from 27,166 points Thursday. Ahsan Mehanti,
Most people entering crocodile territory keep a wary eye out on water and land, but research suggests they need to look up. Though the reptiles lack obvious physical features to suggest this is possible, crocodiles in fact climb trees all the way to the c
After gaining some 775 points in last three sessions, profit-taking dragged the equities into the negative zone on the last working day of the week Friday. The index lost 49.36 points to close 27,116 points down from 27,166 points Thursday. Ahsan Mehanti,
It's not hard for them to pile up. Here's the game you downloaded once when you were bored. There's the office assistant that didn't work as well as you hoped. Before you know it, you've got a smartphone full of apps you never use. Get rid of them immedia
After gaining some 775 points in last three sessions, profit-taking dragged the equities into the negative zone on the last working day of the week Friday. The index lost 49.36 points to close 27,116 points down from 27,166 points Thursday. Ahsan Mehanti,
If you delete something on your computer, don't assume it's gone. Even emptying the wastebasket or recycling bin of a computer does little more than remove the path to the file and clear the space it uses for being written over. But until that happens, th
The Executive Committee of the National Economic Council (Ecnec) has approved Rs 486 billion for construction of Dasu hydro power project (stage-I) with a foreign exchange component of Rs 218 billion. The meeting chaired by Finance Minister Ishaq Dar subm
Amina Saiyid, Managing Director of Oxford University Press and on the Board of Trustees of the newly established Mahomed Ali Habib University, did it once again, drawing mammoth crowds to the English Literature Festival on the three consecutive days, name
The Executive Committee of the National Economic Council (Ecnec) has approved Rs 486 billion for construction of Dasu hydro power project (stage-I) with a foreign exchange component of Rs 218 billion. The meeting chaired by Finance Minister Ishaq Dar subm
Pre-schoolers who sing, tell stories and eat dinner with their families tend to be emotionally healthier and better adjusted socially than kids who don't have such routines, a recent study has found.
The Executive Committee of the National Economic Council (Ecnec) has approved Rs 486 billion for construction of Dasu hydro power project (stage-I) with a foreign exchange component of Rs 218 billion. The meeting chaired by Finance Minister Ishaq Dar subm
A recent group show at Unicorn Gallery, Karachi gives an opportunity to the art lovers to witness nature's beauty through senior artist's landscape paintings. The exhibition is a tribute to the beauty of nature. All artworks are fascinating and exhilarati
The federal government has started the scrutiny of a list of 'non-combatant' Taliban detainees provided by the Taliban and sought further details for their possible release as a step forward towards further confidence-building measures to ensure the conti
A metalled but badly battered road from the Iranian border to Karachi does bring to one's mind the remains of a people-friendly Regional Co-operation for Development (RCD) between Turkey, Iran and Pakistan. Karachiites were especially excited when this hi
The federal government has started the scrutiny of a list of 'non-combatant' Taliban detainees provided by the Taliban and sought further details for their possible release as a step forward towards further confidence-building measures to ensure the conti
The State Bank of Pakistan on Friday projected that average inflation to be in the range of 8.5 to 9.5 percent in FY14. SBP in its first quarterly report, issued on February 28, 2014, was expecting CPI inflation in double digit (10-11 percent) end of this
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3,900 million. Number of lots traded were reported at 13,497 and PMEX Commodity Index closed at 3,022. Major business was contributed by crude oil amounting to PKR 2,564 million, follow
The State Bank of Pakistan on Friday projected that average inflation to be in the range of 8.5 to 9.5 percent in FY14. SBP in its first quarterly report, issued on February 28, 2014, was expecting CPI inflation in double digit (10-11 percent) end of this
Indian oilseeds and soyaoil futures rose on thin supplies of soyabeans and a drop in edible oil imports in February. Futures are likely to tread water on Thursday as rapeseed supplies from the new season crop are expected to rise in the coming weeks. The
The State Bank of Pakistan on Friday projected that average inflation to be in the range of 8.5 to 9.5 percent in FY14. SBP in its first quarterly report, issued on February 28, 2014, was expecting CPI inflation in double digit (10-11 percent) end of this
Corn and soyabean cash basis bids held mostly steady around the US Midwest on Thursday, supported by seasonally light farmer sales and expectations for reduced deliveries during the approaching spring planting season, grain merchants said. Cash corn price
The State Bank of Pakistan on Friday projected that average inflation to be in the range of 8.5 to 9.5 percent in FY14. SBP in its first quarterly report, issued on February 28, 2014, was expecting CPI inflation in double digit (10-11 percent) end of this
European wheat prices fell on Wednesday, pushed down by a drop in US markets but in thin trade ahead of major US government spring grain sowing and grain inventory reports next week. May milling wheat on the Paris-based Euronext market was down 2 euros or
The State Bank of Pakistan on Friday projected that average inflation to be in the range of 8.5 to 9.5 percent in FY14. SBP in its first quarterly report, issued on February 28, 2014, was expecting CPI inflation in double digit (10-11 percent) end of this
Wheat futures on the Chicago Board of Trade closed higher Thursday on technical buying and concerns about dry conditions in the US Plains as the hard red winter wheat crop exits dormancy, traders said. Benchmark CBOT May wheat traded lower overnight but t
Fiscal deficit fell to a four-year low of 2.1 percent during the first half of this fiscal year (FY14). According to SBP''''s Second Quarterly Report for FY14 on the State of Economy, this was lower than the average deficit in the preceding four years as
Ivory Coast plans to seize all undeclared cocoa stocks at the end of the marketing season in September in order to keep operators from withholding beans and causing shortages at the ports, the country's marketing board, the CCC, said on Thursday.
Fiscal deficit fell to a four-year low of 2.1 percent during the first half of this fiscal year (FY14). According to SBP''s Second Quarterly Report for FY14 on the State of Economy, this was lower than the average deficit in the preceding four years as 4
The Karachi Port handled 188,106 tonnes of cargo comprising 139,255 tonnes of import cargo and 48,851 tonnes of export cargo including 5,811 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Fiscal deficit fell to a four-year low of 2.1 percent during the first half of this fiscal year (FY14). According to SBP's Second Quarterly Report for FY14 on the State of Economy, this was lower than the average deficit in the preceding four years as 4 y