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BUSINESS
Become approver against Nawaz Sharif or get grilled , FIA tells sugar dealers
ISLAMABAD: The Federal Investigation Agency (FIA) is summoning the sugar dealers for recording their statements in Chaudhary Sugar Mill money laundering case and forcing many of them to confess that they used to buy the commodity from this…
Dr Waqar Masood appointed as SAPM
ISLAMABAD; Dr Waqar Masood Khan, a senior retired grade 22 officer, has been appointed as special assistant to the prime minister on revenue.
The Cabinet Division issued a formal notification to this effect on October 5,2020.
Dr Waqar…
MoU signed between FBR and PSMA for electronic monitoring of production
ISLAMABAD: In order to operationalize Video Analytics Rules, 2020 on sugar sector, a memorandum of understanding (MoU) was signed by FBR with Pakistan Sugar Mills Association in a ceremony held in FBR Islamabad.
Dr. Muhammad Ashfaq…
ECNEC approves simplification of Planning Commission procedures
ISLAMABAD: Adviser to the prime minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Executive Committee of the National Economic Council (ECNEC) here on Thursday.
ECNEC considered and approved the…
PPIB declares financial close of 330 MW thar coal based IPP
ISLAMABAD: Another Thar coal based power generation project has achieved financial close in a ceremony at Private Power and Infrastructure Board (PPIB). Financial closing documents for 330 MW mine mouth lignite coal power project at Thar…
FBR raids shoe factory in Lahore for tax evasion
ISLAMABAD; In a drive against registered persons involved in massive evasion of sales tax, the Directorate of Intelligence and Investigation-Inland Revenue, Lahore raided the business premises of a shoe manufacturing unit in Lahore on…
CCP raids Jahangir Tareen’s sugar mills office in Lahore
ISLAMABAD, The Competition Commission of Pakistan (CCP) carried out a search and inspection of JWD sugar mill head office in Lahore, to impound proofs of the group’s suspected involvement in anti-competitive activities in violation of the…
CCP conducts raid on All Pakistan Cement Manufacturers Association Lahore office
ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an inquiry launched in May 2020 to investigate the possible anti-competitive activities by the cement manufacturers carried out a raid at All Pakistan Cement Manufacturers…
Hope FATF October session will go well for Pakistan, Chinese outgoing envoy
ISLAMABAD: Chinese ambassador to Pakistan, Yao Jing made a farewell call on to adviser to prime minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh here on Thursday. .
The adviser appreciated the commitment with which Mr. Jing…
FBR revises upward duty drawback for fan industry
ISLAMABAD: In line with the vision and directives of the prime minister to boost exports and trade, the Federal Board of Revenue (Customs Wing) has issued a notification resolving the long standing demand of fan manufacturers, a handout…