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BUSINESS
Good News, FBR surpasdes July-August revenue target
ISLAMABAD; The Federal Board of Revenue (FBR) has released the revenue collection figures of first two months of current financial yearJuly and August-2020. According to the coolection data ,FBR collecyed Rs 593 billion against the target…
BOI launches investment promotion strategy 2020-23
ISLAMABAD: Board of Investment (BOI), in collaboration with the World Bank, International Finance Corporation (IFC) and Foreign and Commonwealth Office of the United Kingdom organized a seminar on “Doing Business Reforms in Pakistan” and…
We will watch national interest in Roosevelt Hotel transaction, Hafeez says
ISLAMABAD: Adviser to the prime minister on Finance and Revenue, Abdul Hafeez Shaikh, chaired a meeting of the Economic Coordination Committee of the Cabinet (ECC) here on Thursday. The meeting was given an update on the issue of the…
CCP holds consultative meeting to discuss distortions in wheat sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) held a consultative meeting with the key stakeholders to discuss the competition distortions and consumer protection issues in the wheat sector of Pakistan. The meeting was attended…
FBR to release long outstanding refunds
ISLAMABAD. In the context of worsened economic situation after the outbreak of Corona virus pandemic, the government has decided to issue long-pending Income Tax Refunds to facilitate the business community. To fulfill all legal…
FBR chairman holds E kutchery
ISLAMABAD; To comply with the directions of the prime minister, Chairman Federal Board of Revenue (FBR) Javed Ghani held an E-Kutchery at FBR HQ on Friday to listen to the complaints and issues of taxpayers. The complainants called by phone…
Meezan Bank announces half yearly financial results
ISLAMABAD; The Board of Directors of Meezan Bank Limited in its meeting, approved the financial statements of the Bank for the half year ended June 30, 2020. The meeting was presided by Riyadh S.A. A. Edrees - chairman of the board, Faisal…
MPCL finds gas, oil from Iqbal-1 well
ISLAMABAD; Mari Petroleum Company Limited (MPCL), operator of Mari development and production lease (D&PL) with 100% working interest has made a gas discovery at Iqbal-1, drilled in Mari lease area, located in district Ghotki, Sind.…
Audit regulator deregisters CA Qadeer & Company
ISLAMABAD: The Audit Oversight Board has removed Qadeer & Company, Chartered Accountants from its register of auditors of public interest companies. The firm had committed multiple violations of the law including failure to rotate audit…
Another first by PSO – Launches Euro 5 standard fuel in Pakistan
ISLAMABAD: As a national oil marketing company, Pakistan State Oil (PSO) revolutionized the industry by becoming the first oil marketing company (OMC) to upgrade Pakistan’s fuel standard from Euro 2 to Euro 5. PSO’s Hi-Octane 97 Euro 5…