PSX Puts Hascol on Defaulters’ List
The management of the Pakistan Stock Exchange (PSX) has put the name of Hascol Petroleum Ltd on the list of defaults for failure to comply with the rules and regulations of the exchange.Hence, the share trading of the company has been suspended at PSX….
CCP to Hire Experts in 12 Fields to Improve Performance
Competition Commission of Pakistan (CCP) is hiring experts in 12 sectors to enhance its performance and penetration in specific high-priority areas of businesses.The sectors are i.e. automobile, cement, energy (electric power and renewable energy), ghe…
Tehzeeb Bakery Slapped With Rs. 1 Million Fine
The Federal Board of Revenue (FBR) has imposed a fine of Rs. 1 million on “Tehzeeb Bakers” for failing to connect their retail outlets with FBR’s Point of Sale (POS) system.A senior official told of FBR told Propakistani that the tax department has imp…
Pakistan to Adopt Bottom-Up Approach for Growth: Shaukat Tarin
Shaukat Tarin, Federal Minister for Finance and Revenue Pakistan said that Pakistan is going for growth with a bottom-up approach as the trickle-down approach didn’t yield results in the last 72 years.Tarin said the government will use commercial banks…
IT Exports Maintain Growth of 47% in 11 Months of FY21
The IT and IT-enabled Services (ITeS) export remittances comprising of computer services and call center services have surged to $1.98 billion at a growth rate of 47.1 percent in the first eleven months of the current fiscal year 2020-2021 (July-May), …
FBR’s Field Offices to Remain Open till Midnight on 30th June
The Federal Board of Revenue (FBR) has issued instructions to all the Field Offices to remain open and observe extended working hours till 12:00 midnight on 30th June 2021 (Wednesday) to facilitate the taxpayers’ in payment of duties and taxes.FBR has …