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BUSINESS
FPCCI demands zero tax on food items for relief
KARACHI: Mian Nasser Hyatt Maggon, president Pakistan Federation of Chambers of Commerce and Industry (FPCCI) has expressed his profound concern over surging and unbearable food inflation in the country; and, the resultant unrest among the…
Accountability court grants physical remand of NBP nabbed officials
KARACHI: An accountability court of Karachi has granted a 6- day physical remand of both top arrested officials of National Bank of Pakistan (NBP) in a ghost pension graft scam.
The National Accountability Bureau (NAB) karachi office had…
FBR receives record high number of returns
ISLAMABAD: The Federal Board of Revenue (FBR) has received the highest number of returns ever in its history on 15th October, 2021. As the fifteen days extended deadline ended at midnight on Friday, FBR received a staggering number of 2.6…
Punjab launches crackdown against defaulter sugar mills
LAHORE. The Punjab government has launched a province-wide crackdown against defaulter sugar mills.
In the first phase, the authorites raided at Pasrur Sugar Mills, Chinar Sugar Mills, Shakir Gung Sugar Mills and arrested their member of…
Jehlum needs promotion of business, industry: Bukhtawari
JEHLUM: Zafar Bakhtawari, secretary general, United Business Group Pakistan, on Thursday said Jhelum is a land of martyrs and veterans there is a needs to promote trade and industries in Jhelum on urgent basis and The new leadership of…
FPCCI warns FBR of sharp reaction over attaching bank accounts for forced tax recovery
KARACHI: Mian Nasser Hyatt Maggo, President the Federation of Pakistan Chambers of Commerce and Industry record his strong reservations on the attachment of bank account under section 140 of the income tax ordinance, 2001 and section 48 of…
Pak, Hungry to increase trade to $ 250 m. Hungrian envoy
ISLAMABAD, Oct 13 (APP):Ambassador of Hungary to Pakistan, Béla Fazekas on Wednesday pledged to increase bilateral trade with Pakistan to US $250 million, paving new avenues for bilateral economic cooperation.
The two countries had…
IMF projects Pakistan’s growth rate for 2021-22 at 4 %
ISLAMABAD: The International Monetary Fund (IMF) has downgraded Pakistan's GDP growth forecast to 4% against the government's target of 4.8%. Though the Fund’s first assessment is out on Pak economy confirming its last fiscal year forecast…
Lord Wajid Khan calls on FBR chairman
ISLAMABAD: Lord Wajid Khan, a member of the House of Lords, England called on Dr. Muhammad Ashfaq Ahmed, Chairman Federal Board of Revenue here at FBR HQs on Thursday. During the meeting, Lord Wajid Khan congratulated the Chairman on…
FPCCI delegation meets governor KPK, deputy chairman Senate
ISLAMABAD: Vice President SAARC Chamber of Commerce and Industry Senator Haji Ghulam Ali, President FPCCI Mian Naseer Hyatt Maggo, Chief Coordinator FPCCI Mirza Abdul Rehman, Former President Karachi Chamber of Commerce and Industry Junaid…
