Tax payers increased from 1.5 mln to 2.5 mln: Shabbar Zaidi
Chairman Federal Board of Revenue Shabbar Zaidi says Pakistan’s survival lies in enhancing the exports and there is a need to stop deindustrialization and urbanization.Talking to PTV in a programme tonight, he said tax payers have increased from 1.5 mi…
SBP announces to continue current interest rate of 13.25pc for next two months
State Bank of Pakistan today announced the Monetary Policy for next two months and kept the rate of interest unchanged at 13.25 percent. According to a press release issued on Monday, the rupee has strengthened modestly against the US dollar.It is said…
International Oil Prices Surge After Attack on Saudi Arabia’s Largest Oil Plant
The Oil prices surged on Monday after hitting their highest since May at the open, due to fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on Saturday that cut more than 5% of global oil supply.Benchmark Brent crude fu…
Pakistan Investment Conference 2019 Concludes With Decision to Enhance Bilateral Ties Between Pakistan & US
The 4th annual Pakistan Investment Conference wrapped up after wide-ranging discussions on the enhancement of bilateral trade ties between Pakistan and the United States alongside the exploration of foreign investment avenues. Hosted by JS Global � a s…
IsDB approves $238.1 million project financing for Benin, Cote D’Ivoire, Kyrgyzstan, and Nigeria
Jeddah The Board of Executive Directors (BED) of Islamic Development Bank (IsDB) has approved $238.1 million worth of project financing for Benin Republic, Cote D’Ivoire, Kyrgyz Republic and Nigeria.The BED also approved the financing of a pilot pro…
Govt committed to complete international gas pipeline projects
The government is aggressively pursuing international gas pipeline projects to meet energy needs of the country.A press release issued by Ministry of Energy in Islamabad said Turkmenistan-Afghanistan-Pakistan-India Gas Pipeline Project and North South …
Govt working on policy to increase petroleum commodities production
The government is working on a multi-pronged strategy to increase production of petroleum commodities by revamping the existing oil refineries and opening up the sector for private companies to create an environment of competition.According to a senior…
FBR launches ‘Mobile App’ for filing return of income for salaried persons
Federal Board of Revenue launched a ‘Mobile App’ for filing return of income for salaried persons on Friday (September 13).This was announced by Chairman Federal Board of Revenue Shabbar Zaidi in a tweet.He said return of income for such persons, inclu…
Govt to Privatize 17 Public Sector Companies for Debt Servicing
The Federal Minister for Privatization, Muhammad Mian Soomro says that the commission has initiated a program to privatize 17 public sector entities and sell 32 real estate properties of state-owned entities (SOEs).He said this while chairing a program…