President Zardari was never comfortable with me: Hafeez Shaikh

ISLAMABAD: The government and the opposition on Friday withdrew the names of Hafeez Shaikh and Justice (retd) Shakirullah Jan respectively from their nominees for the office of caretaker prime minister. Now former State Bank governor Dr Ishrat ...

After years long delay the federal government has finally completed the quorum on the Central Board of Directors of the State Bank of Pakistan (SBP) by appointing two more non-executive directors on the board Monday. The appointment of Muhammad ...

The Federal Board of Revenue (FBR) in a recent study has revealed that "income tax paid by the wholesale and retail sector is less than one percent of total income tax collection, reflecting negligible contribution to taxes by the non-compliant ...

Finance Minister-designate Senator Ishaq Dar is likely to cite in his budget 2013-14 speech gross mismanagement and massive corruption of the Pakistan People''s Party (PPP)-led coalition government as two factors responsible for the current economic ...

ISLAMABAD: In a major policy shift, tax authorities are contemplating holding back the process of abolishing federal excise duty on goods and services, started two years ago, and instead want to impose the duty on two dozen items in next year's ...

My brothers, calls the rotund, balding, middle-aged man on the stage. The words, distorted by a poor public address system, are barely audible. My brothers, crackles again across the stadium in Sargodha, a nondescript small city in central Punjab, ...

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has implemented a controversial decision taken by the former government by notifying a raise in the wellhead prices of the Qadirpur gas field. The move will transfer an additional burden worth ...

ISLAMABAD: The current fiscal year will go down in history as yet another year of missed opportunities: the country's economy grew only 3.6% during the year, far below official targets but in line with projections made by international financial ...

ISLAMABAD: The interim government unceremoniously removed Planning Commission Deputy Chairman Dr Nadeemul Haque on Friday, following his refusal to call a meeting for the approval of projects deemed important by the caretaker prime minister. ...