Daily Archives: September 21, 2020

Free books being provided to students under ‘Accelerated Learning Program’ in Punjab

In Punjab, under Accelerated Learning Program, free books are being provided to students at school level in all 36 districts of the province. Punjab Minister for School Education Dr. Murad Raas while talking to media persons in Lahore said that

FBR’s Tax Credit Formula is Absurd & Unfair: Fawad Chaudhry

Federal Minister for Science and Technology, Fawad Chaudhry, has raised objections on the Federal Board of Revenue’s (FBR) tax credit formula and termed it as absurd. In a Twitter post, the Minister wrote: He added that we suffer environmental and

SECP Orders to Raise Red Flags Against Individuals/Entities Involved in Money Laundering

The Securities and Exchange Commission of Pakistan (SECP) has directed the securities brokers, futures brokers, insurance companies, Takaful Operators, non-banking finance companies (NBFCs), and Modarabas to raise red flags/indicators for the identification of persons or entities suspected to be acting

All Imports Worth Rs. 5,000 or More Can be Detained by Customs: FBR

Any product imported into Pakistan through postal or air courier services with a declared value up to Rs. 5,000 will be examined, checked, and could be detained by the customs authorities to revise and verify the declared values of imported

Govt to Set Up a Common Expo Centre for Sialkot, Gujrat, Gujranwala & Wazirabad

In a bid to boost the industrial sector, a new common Expo Centre will be established for cities of Sialkot, Gujrat, Wazirabad, and Gujranwala. This was agreed in principle by Advisor to the Prime Minister on Commerce and Investment, Abdul

SBP Leaves Interest Rate Unchanged at 7%

SBP expects the economy to recover to slightly above 2pc in FY21 primarily through manufacturing and construction, but warns against risks of the second wave of Covid-19 and locust attacks The State Bank of Pakistan (SBP) has decided to keep

KP collects Rs.42b revenue from own resources: Jhagra

KP Minister for Finance, Taimur Saleem Jhagra has said that the provincial government during last financial 2019-20 has collected record revenue of Rs.42 billion from its own resources. In a tweet, he said that despite coronavirus pandemic the provincial government

Balochistan Govt completed over 1000 development schemes during last year

Under PSDP 1437 development schemes had been completed in Balochistan last year at a cost of Rs.60 billion. Finance Secretary Balochistan Noor-ul-Haq Baloch told Radio Pakistan on Saturday that 2568 development projects have been included in the development programme for

Punjab Govt to take strict action against manufacturers, sellers of fake cosmetics

The Punjab government has decided to take action against those who are manufacturing and selling fake and counterfeit cosmetics which are harmful for the human skin. In a statement, Punjab Chief Minister Sardar Usman Buzdar said that the Punjab cabinet

AJK PM calls for taking steps to lead freedom struggle in IIOJ&K

Azad Jammu and Kashmir Prime Minister Raja Muhammad Farooq Haider Khan says settlement of Kashmir dispute in accordance with aspirations of Kashmiri people is the only way to establish durable peace in the region. In a statement in Muzaffarabad, he