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BUSINESS
Construction industry gives inspiring response to PM scheme
ISLAMABAD.The prime minister’s incentive scheme for builders and developers has started to pick-up momentum , showing encouraging sign of interest by the construction industry. According to the Federal Board of Revenue (FBR) as of October…
FBR intellegence wing raids industial unit involved in tax evasion
ISLAMABAD; Directorate of Intelligence & Investigation (Inland Revenue), Hyderabad received a credible information that a business entity of manufacturing of pulp, paper & paper board has claimed huge electricity…
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…