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Steps underway to postpone payment of electricity, gas bills
ISLAMABAD: The spokesperson of the Ministry of Commerce has announced that steps were being taken to postpone payments of electricity...
FBR chairperson Nausheen Javed asked to resolve issues of Sales Tax Officers
ISLAMABAD: The Sales Tax Officers Association has asked the newly-appointed FBR Chairperson Nausheen Amjad Javed to intervene and direct the...
Govt, FBR asked to take concrete measures to waive demurrage, detention charges
LAHORE: It is very unfortunate that repeated requests have been made to the government to waive off detention demurrage charges...
Finance ministry directs FBR, SBP to provide data of SMEs’
ISLAMABAD: In a bid to provide some breathing space to small industries which have been largely affected by the lockdown,...
Chinese companies donate Rs5m to PM’s coronavirus fund
ISLAMABAD: Two Chinese companies on Wednesday donated five million rupees to the Prime Minister’s Coronavirus Relief Fund after their heads...
ECC approves Rs50b for Utility Stores under PM relief package
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh presided over meeting of the Economic...
Customs House closed after employee diagnosed with COVID-19
KARACHI: Sindh health department decided to close Customs House after an employee at PRAL Data Center is diagnosed with COVID-19....
SHC directs to release consignment imported by M/s S.U. Enterprises
KARACHI: The Sindh High Court (SHC) directed customs officials to release the consignment of imported chlorinated paraffin plastoil on bank...
SBP generates Rs458.8b from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs458.8 billion through T-bills, against the auction...
Remittances inflow to suffer slowdown due to COVIC-19 pandemic
KARACHI: The remittance outflows too will bear the brunt especially for countries dependent on them including Pakistan. As per Bloomberg,...
Karachi Electric offers negligible relief to power consumers
KARACHI: Karachi Electric (KE) has asked for a relief in payment of pending dues to the government and its related...
Shipping industry seeks free movement of crews to keep trade moving
LONDON: Ships must be allowed to change overworked and exhausted crews to help keep trade flowing as coronavirus lockdowns have...
FATF extends action plan deadline for Pakistan till October
ISLAMABAD: The Financial Action Task Force (FATF) has decided to extend the deadline for Pakistan to achieve all 27 points...
Gold price surges to Rs103,800 per tola
ISLAMABAD: The price of a tola of 24-karat gold rose by Rs2,500 on Tuesday to Rs103,800, as per the Karachi...
RCCI ask govt to open business centers for restricted time
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has asked the government, especially the district administration, to issue standard...
Textile mills partially resume operations in Pakistan
KARACHI: A number of textile mills have decided to partially resume their operations in the county, after the green signal...
Bullish trend prevails as KSE-100 recovers 652 points
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) managed to recover some losses accumulated in the last session, with the...
Faisalabad Customs foils bid to smuggle goods worth Rs30m from Jhang Road
FAISALABAD: Collectorate of Customs anti-smuggling squad foiled a smuggling attempt and seized cumin and china salt worth Rs 30 million...
US dollar hits all-time high against rupee in interbank market
KARACHI: The US dollar has hit an all-time high against the Pakistani rupee in the interbank market on Tuesday. According...
Punjab considers offering interest-free loan to commercial tenants
LAHORE: Government of Punjab is considering to offer interest-free loans to commercial tenants in order to ease impact of coronavirus...
