Govt Doubles Local Car Production Target Under New Auto Policy
Federal Minister for Information and Broadcasting, Fawad Chaudhry, has said that the government has set a 0.5 million car production target under the new auto policy.The minister after the cabinet briefing informed the media that the government has set…
Habib Bank and China Machinery Engineering Pen MoU on Agriculture
A Memorandum of Understanding (MoU) between Habib Bank Limited (HBL) and China Machinery Engineering Corporation (CMEC) on Agricultural Cooperation was signed towards the end of the CPEC Industrial Cooperation B2B Investment Conference in Lahore.Federa…
QisstPay Gets Pakistan’s First Non Banking Finance Company License
For the first time in the country’s bleak startup history, the Securities and Exchange Commission of Pakistan (SECP) has awarded a Non-Banking Finance License to the highly popular Buy Now Pay Later (BNPL) startup QisstPay.According to the company’s co…
FBR Ordered to Automate Baggage Processing for Transparency
In a bid to restore the confidence of taxpayers in the tax system and to ensure transparency and quick processing of the consignments, the office of the Federal Tax Ombudsman (FTO) has been consistently taking measures to eliminate maladministration an…
Cabinet Delays Rs. 360 Billion Mini-Budget As IMF Loan Nears Maturity
The federal cabinet has postponed the ratification of the proposed Rs. 360 billion mini-budget and a contentious central bank autonomy legislation to analyze government capital and national security.The government has delayed the announcement for the i…
FBR Automation Important for Taxpayers’ Facilitation: Shaukat Tarin
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, emphasized the significance of Automation of processes at the Federal Board of Revenue (FBR) and deemed it crucial in facilitating taxpayers.He made these remarks while chairing a mee…