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Rs269b disbursed for uplift schemes under PSDP
ISLAMABAD: The federal government has disbursed Rs269 billion funds for new and ongoing uplift schemes under the Public Sector Development...
Cases disposal rate at NIRC goes up by 37% in 2020
ISLAMABAD:T he disposal rate of cases at National Industrial Relation Commission (NIRC) has jumped to 8,633 in first eight months...
Resolute commitment must be to judge on merit only: KCCI
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has advised the cabinet members of National Youth...
No restriction on withdrawal, transfers from foreign currency accounts: MoF
ISLAMABAD: The ministry of finance on Friday issued rules governing foreign currency accounts of individuals under which there shall be...
Pak Rupee depreciates by 12 paisas against US dollar
KARACHI: The Pak Rupee fell by 12 paisas against dollar on Friday owing to enhanced demand for import and corporate...
Tax reforms imperative to facilitate businesses: PM
ISLAMABAD: Prime Minister Imran Khan has said that the government is striving hard to eliminate unnecessary regulations in the taxation...
PIA’s iconic Roosevelt Hotel to close its doors ‘permanently’ from October 31
NEW YORK: The Pakistan International Airline's (PIA) iconic Roosevelt Hotel will close its doors to customers permanently from October 31...
Sugar mills to pay cane growers via banks in Punjab
LAHORE: The government of Punjab has mandated the sugar millers to carry out their transactions to sugarcane growers via banks....
SRO 889 to cause more problems for industry: KCCI
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has drawn the attention of Dr. Abdul Hafeez Shaikh, Advisor to...
Dr. Sadiqullah Khan’s Hyderabad I&I recovers smuggled goods worth Rs158.31m from two godowns
HYDERABAD: Keeping in line with the specific direction of Abdul Rasheed Shaikh, Director-General, Customs Intelligence & Investigation, Islamabad to focus/locate...
Asian traders cautious on stimulus uncertainty after Trump U-turn
HONG KONG: Asian markets drifted Friday on uncertainty about the chances of a fresh US stimulus package as talks...
SBP reserves fall $205m to $12,154.7m
KARACHI: Pakistan’s foreign reserves declined by US$205 million or 1.7% and the total liquid foreign reserves held by the country...
PTA blocks TikTok in Pakistan
ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Friday announced to ban popular short-video app TikTok in Pakistan. The authority, in a...
FBR grants tax exemption of Rs1.1b on gratuity payments to govt employees
ISLAMABAD: Federal Board of Revenue (FBR) has granted exemption of Rs1.11 billion on payment of gratuities to government employees or...
Demand notice issued lawfully against M/s ENI Pakistan, customs officials told SHC
KARACHI: Collector of Customs Exports and other customs officials have submitted their para wise comments in a constitutional petition filed...
Businessmen of South Punjab express concerns over decision to monitor production through cameras
MULTAN: Business community of South Punjab Tajir Ittehad has opposed decision of Federal Board of Revenue (FBR) to monitor production...
SBP allows banks to outsource cash management function to provide more flexibility
KARACHI: State Bank of Pakistan (SBP) on Thursday allowed banks to outsource their case processing functions in order to provide...
Govt intends to remove additional customs duties on another 152 items
ISLAMABAD: As the government, through tariff rationalization, has already removed various duties on 164 items, it also intends to remove...
Customs Preventive submits final charge sheet in contraband goods smuggling case
KARACHI: Collectorate of Customs Preventive has submitted final charge sheet against suspects namely Nadeem Iqbal son of Muzamil Hussain, Muhammad...
SHC disposes of petition filed by Omni Group against FIA
KARACHI: A divisional bench of the Sindh High Court (SHC) disposed of constitutional petition filed by Anwar Majeed, Chairman Omni...
