Business
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Mandatory expiry dates on cement bags proposed
ISLAMABAD: The Ministry of Science and Technology (MoST) has decided to forward the Competition Commission of Pakistan’s (CCP) proposal to…
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Govt borrows record Rs5.7tr at high rates
KARACHI: The government borrowed a record amount from banks at record high prices, which ate up 76 per cent of…
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Telcos question FBR’s SIM blocking move
ISLAMABAD: The Federal Board of Revenue’s (FBR) decision to block the mobile phone SIMs of non-filers has generated a new controversy as…
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Influx of Iranian oil surges after polls
Intelligence report identifies 100 black sheep • National kitty losing Rs227bn in annual tax revenues ISLAMABAD: While local refineries and…
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FBR to slap 10pc withholding tax on unregistered retailers
ISLAMABAD: After an unsuccessful voluntary registration push for the Tajir Dost Scheme (TDS), the Federal Board of Revenue (FBR) has…
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SBP receives $1.1 billion IMF loan tranche
KARACHI:Pakistan’s central bank reported on Tuesday that it had received the International Monetary Fund (IMF)’s last tranche of $1.1 billion,…
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Pakistan requires key infrastructure to launch 5G
ISLAMABAD:Chinese tech giant Huawei has planned to launch a new calling feature under the 5G technology to enable telecom operators…
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European company plans big investment in data centre
KARACHI:After a useful strategy developed by the SIFC and the successful launch of National Incubation Centres (NICs), local emerging startups…
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Budget numbers belie IMF’s claims
ISLAMABAD:Pakistan ended the International Monetary Fund (IMF) programme on a sour note as it booked a budget deficit of Rs4.33…
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Govt tightens noose on non-filers
ISLAMABAD:In a major development, the Federal Board of Revenue (FBR) on Tuesday issued legally-binding instructions to the relevant departments to…
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