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Traders holding shutter down against Withholding Tax

KARACHI: Traders observing countrywide shutter down on Saturday (today) against 0.3 per cent withholding tax on the banking transactions and other taxation measures of the federal government, ARY News reported. Traders observing complete shutter down in some cities, while in … Read More

Govt reduces petrol prices

ISLAMABAD: Federal government announced cuts in prices of petroleum goods on Friday, ARY News reports. According to details, the federal government has decreased per litre price of petrol by Rs. 1.03 while the cost of high-speed diesel has been dropped … Read More

Car sales in Pakistan show major boost this year

KARACHI: The Automobile industry of Pakistan showed astonishing progress in the month of March 2015 with record sale. According to sources, the car sales have not been as high as now since the last five years.

The number of units … Read More

ECC takes notice of non-availability of products at Utility Stores

ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar on Wednesday chaired meeting of the Economic Coordination Committee (ECC) of the Cabinet.

During the meeting, ECC gave approval for the Sale of Lint Cotton procured by TCP during 2014-15.

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ADB considering to enhance funding for Pakistan

ISLAMABAD: Asian Development Bank (ADB) says it is considering enhancing funding for Pakistan. Executive Director of the bank, Sami Saeed made this assurance during his meeting with Finance Minister Ishaq Dar in Islamabad on Tuesday.

Sami Saeed said the ADB … Read More

Facebook tests video ads in budding YouTube challenge

SAN FRANCISCO: Facebook on Thursday confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.

An advertising model being tested by the leading online social network is … Read More

Finance Minister signs AIIB articles of agreement for Pakistan

ISLAMABAD: Pakistan has signed the articles of agreement (AoA) amongst 57 other founding members of the Asian Infrastructure Investment Bank (AIIB) on Monday. Finance Minister, Senator Muhammad Ishaq Dar represented Pakistan at the signing ceremony in the Great Hall of … Read More

POL prices to remain unchanged for July

ISLAMABAD: The Finance Ministry has decided to keep the petroleum prices unchanged for the month of July, ARY News has learnt. Finance Minister, Senator Mohammad Ishaq Dar who is currently visiting Beijing, in a statement received here said that with … Read More

US Navy paying $9 million to Microsoft for using Windows XP

KARACHI: The United States Navy is still using Windows XP operating system and is paying Microsoft $9 million every year for its updates. According to a foreign news channel, Microsoft stopped providing updates support for the operating system more than … Read More

Meezan Bank signs agreement to acquire HSBC Bank Oman

KARACHI: Karachi-based Meezan Bank Ltd has signed an arrangement with the Pakistani unit of HSBC Bank Oman to acquire the latter’s banking business in Pakistan, said in a bourse filing on Friday. In May, Meezan received central bank approval to … Read More