Pakistan News

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  • ICAP urges steps to promote tax compliance culture

    ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has said that the corporate sector, being the most documented segment of the economy, has been neglected by the government in its effort to cater to annual budget targets...

    On the other hand, the services, wholesale/retail, transport and agriculture sectors are still not fully documented; their contribution to the national exchequer is negligible; and the majority...

  • Convicted murderer at Karachi jail tops HSC exams, wins Rs1m scholarship from ICAP

    Syed Naeem Shah, 35, scored the highest in the exams among private candidates — that is, among non-traditional students — last year in Karachi, winning a scholarship for further studies from the Institute of Chartered Accountants of Pakistan (ICAP)...

    Shah still has to pass an entrance exam to formally take up the scholarship, an ICAP official said, requesting anonymity as he was not authorised to talk to the media...

  • Pakistan wants result-oriented dialogue with India: Aziz

    KUALA LUMPUR: Prime Minister's Adviser on National Security and Foreign Affairs Sartaj Aziz said on Friday that Pakistan wants result-oriented dialogue with India on all issues of mutual concern including the core issue of Kashmir...

    Speaking at the 22nd Ministerial Meeting of the ASEAN (Association of Southeast Asian Nations) Regional Forum in Kuala Lumpur, Aziz maintained that Pakistan pursues a policy of good relations with all the...

  • Pakistan wants result-oriented talks, says Aziz

    ISLAMABAD: Adviser to Prime Minister on National Security and Foreign Affairs Sartaj Aziz has said that Pakistan wants result-oriented dialogue with India on all issues of mutual concern, including the core issue of Kashmir...

    Addressing the ministerial meeting of the Asean regional forum in Kuala Lumpur on Friday, Mr Aziz emphasised that Pakistan pursued a policy of good-neighbourly relations with all countries...

  • Pakistan’s population is 207.68m, shows 2017 census result

    LAHORE: The Pakistan Bureau of Statistics (PBS) has posted the final results of the 6th Population and Housing Census 2017 on its website, according to which the country’s total population stands at 207...

    “For a successful conduct of the census, improvement in census processes and involvement of stakeholders, the government of Pakistan constituted a sub-committee of the Governing Council of PBS consisting of renowned demographers and...

  • Documents show PFF sold 2014 World Cup tickets at inflated prices

    Problem was that he hadn’t paid FIFA or its ticketing associate MATCH services that was handling tickets for the World Cup in Brazil; instead he’d paid the Pakistan Football Federation (PFF) for the tickets...

    In what seems to be a breach — and a big one for that matter from what recent developments show — officials of Pakistan’s football governing body were re-selling tickets, and that too at a higher price...

  • Saudi reserves dip $49bn from end-2014

    The reserves, piled up in the past decade due to high crude prices, dropped from $732bn at the end of 2014 to $683bn at the end of April, Saudi firm Jadwa Research said in a report...

    A large chunk of the forecast deficit — around $30bn — is a result of new King Salman having granted Saudi workers two months extra pay...

  • Eleven members of Ahmadi minority killed in 2014: report

    ISLAMABAD: Eleven Pakistani members of the Ahmadi religious minority were murdered for their faith in 2014 and authorities failed to apprehend any of the killers, a report said Monday, highlighting growing intolerance toward the sect...

    In May, gunmen shot dead an American heart surgeon, Mehdi Ali, who was visiting Pakistan on a charity mission in Sindh...

  • CTD official summoned with record of 2014 school attack case

    PESHAWAR: A Peshawar High Court bench has summoned the counter-terrorism department’s DSP (investigation) along with the relevant records over a plea of the father of a student martyred in the 2014 Peshawar Army Public School carnage that his statement be recorded by the agency probing the killings...

    Meanwhile, the bench also adjourned hearing into another petition filed by slain APS student Asfand Khan’s father, advocate Ajun Khan,...

  • ATC orders Imran Khan to record statement in 2014 PTV attack cases

    An Anti-Terrorism court (ATC) in Islamabad on Friday ordered Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan to record his statement in four cases — including the Asmatullah Junejo assault case — registered after the PTI's months-long 2014 dharna which left the capital city paralysed...

    "Referring to this 2014 dharna, Khan claimed the sit-in was "politically driven"...

  • Banks earned record Rs247bn in 2014

    KARACHI: Banking industry’s pre-tax profit surged by 52 per cent to an all-time high of Rs247 billion in 2014 thanks to their huge investments in government securities, the State Bank said on Thursday...

    In its quarterly report ‘Performance of Banking Industry’ for Oct-Dec 2014, the SBP said, “Banks holding of government securities surged to Rs4...

  • Developing Asia invested $440bn in other countries in 2014: UNCTAD

    The report revealed that Foreign Direct Investment (FDI) outflows from developing Asia increased by a third to $440 billion in 2014, followed by North America ($390bn) and Europe ($286bn)...

    Moreover, transnational corporations (TNCs) from developing economies invested almost half a trillion US dollars abroad in 2014 — a 30 per cent increase from the previous year...

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