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CCOP defers sell-off of PIA’s Roosvelt Hotel, approves OGDCL, PPL shares public offering
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) with advisor to the prime minister on Finance, Dr Abdul Hafeez Shaikh on the recommendation of the Aviation Division, directed that sell-off of Hotel Roosevelt Manhattan and updating…
FBR exempts imported sugar from duty, sales tax
ISLAMABAD; The Federal Board of Revenue (FBR) on Thursday issued a notification for EXEMPTION of sales tax and import duty on imported sugar. The decision to exempt imported sugar from 17 percent sales tax and import duty has been taken to…
TCP’s entry set to cost $ 111 million, push sugar prices substantially up
ISLAMABAD: The Trading Corporation of Pakistan (TCP) has received $ 371 per ton offer from the parties for sugar import whose sealed bids were opened on August 18 and if the corporation accepts this offer it will cost landed price over Rs…
Unaccountable NAB
Lahore; NAB is in unusual focus throughout the past couple of years. And for all the wrong reasons, rather wrongful reasons. With unfathomable deficits in terms of legitimacy , impartiality and credibility. Even the balance sheet in terms…
COAS reaches Riyadh on soothing mission
ISLAMABAD; Chief of Army Staff (COAS), Qamar Javed Bajwa, has reached Riyadh to have an indeth discussion with Saudi leadership on all important issues of mutual interest between the two countries. Army chief is accompanied by Inter…
Sindh; Centre weighing option of takeover
ISLAMABAD; The federal government is likely to move shortly to take over administrative role of the province. The federal government is giving final touches to a charge-sheet to be given to end the Pakistan People Party (PPP) to end -up…
Violation of SoPs caused hacking of government, security apparatus
Islamabad: During initial investigations, it has established that a special advisor to prime minister (SAPM) violated standard operating procedures (SOPs) early this week which led to intrusion of Indian intelligence agencies for hacking of…
Pakistan take-up case of unfair CAIE grades with Cambridge University
Islamabad: Pakistan has entered in the list of those aggrieved countries which have rejected the CAIE grading formula for O/ A level exam 2020, terming it as an extremely unfair and demanded of the Cambridge University London to look into…
PML N workers, police clash on Maryam Nawaz appearance before NAB
Lahore: National Accountability Bureau (NAB) office in Lahore turned into a battlefield between PMLN workers and police on Tuesday when Maryam Nawaz reached outside the bureau to get record her statement in a land procurement case. The…
OGDCL gets poor response for over $ 60 m compression project.
ISLAMABD: The Oil and Gas Development Company Limited (OGDCL) has received poor response from the bidders for its over $ 60 million compression project as only three parties submitted bids to win the contract. These companies included…