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BUSINESS
Traders call for protest against FBR on September 29
ISLAMABAD; Traders community has given a call for launching protest against Federal Board of Revenue ( FBR) for September 29, against what its leaders and action committee termed " Harassment to the traders and industrialists.
Ajmal…
Finance Division proposes names for NBP board of directors
ISLAMABAD: Excluding the additional secretary’s name from the National Bank of Pakistan (NBP) board, the Finance Division on Monday asked the federal cabinet to appoint an independent director for three years out of three proposed names.…
Widening trade deficit, pressure on rupee; SBP increases interest rate by 25 BP
KARACHI: In its meeting held on September 20, 2021 here, the Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent.
A statement issued by the State Bank of Pakistan ( SBP) on Monday said…
Digital payment mode: FBR mulls extention
ISLAMABAD: The Federal Board of Revenue (FBR) is considering to allow the corporate taxpayers a grace period of 40 days to switch over to the digital mode of payments w.e.f. November 1, 2021 under Tax Laws (3rd Amendment) Ordinance, 2021.…
NEPRA team visits KE facilities in Karachi
ISLAMABAD: Chairman NEPRA, Tauseef H. Farooqi along-with Members of the Authority, Rafique Ahmad Shaikh and Engr. Maqsood Anwar Khan visited various facilities of K-Electric (KE) to get appraised about KE’s multiple initiatives in respect…
Founder Group gets landslide victory in ICCI elections
ISLAMABAD; Founder Group (FG) won elections of Islamabad Chamber of Commerce and Industry (ICCI) here on Thursday.
According to final result announced by chief election commissioner, Chaudhary Abdul Ghaffar,, 16 candidates were in the…
Founder Group, ICCI growing togather: Mian Akram Farid
ISLALMABAD , Sep 12: The Islamabad Chamber of Commerce (ICCI) chairman Founder Group Mian Akram Farid while addressing as a chief guest in a dinner hosted by Islamabad Industrial Association (IIA) in honor of Supreme Council, Co-Chairmen…
Delay in wheat quota release causes surge in flour rates
LAHORE: The Punjab government decision of delaying release of wheat quota to the flour mills has resulted in surge in the flour (Atta) prices in the open market.
A bag of 20 kg wheat flour has gone up by Rs 20 to take its to net price to…
USC opens- up new floodgate of pricehike, revises rates of essential items
ISLAMABAD; The Utility Store Corporation (USC) on Saturday opened -up a new floodgate of pricehike by upward revising the rates of all household items.
It increased ghee / cooking oil prices by Rs 97 a kg. Likewise, the rates of other…
E commerce provides opportunities to SMEs to boost exports
ISLAMABAD: (September 10, 2021): The internet has most critical role to play in emerging business environment and has already been able to contribute more than 15% of global GDP. Likewise, digital economy and e-commerce are great…