UBG commends government to give sales tax refunds

Islamabad: United Business Group (UBG) of FPCCI on Wednesday lauded Finance Minister Ishaq Dar for directing Federal Board of Revenue (FBR) to release Sales Tax refunds. The FBR has started transferring refunds worth almost Rs 30 billion directly in the accounts of exporters and other recipients which is heartening as it will relieve exporters and others More...

Published 10 months ago
Published On Thursday, December 3rd, 2015
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Holding back energy sector reforms can bankrupt country: PBIF

Islamabad: Pakistan Businessmen and Intellectuals Forum (PBIF) on Wednesday said delay in critical reforms in the energy sector has the potential to bankrupt country. The official power sector losses which are Rs320 More...

Published On Saturday, August 1st, 2015
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Islamabad traders announce shutdown strike on 3rd

Islamabad: The business community of Islamabad have agreed to go for shutter down strike on 3rd August 2015 against the imposition of 0.3 percent withholding tax on banking transactions. The consensus decision was More...

Published On Wednesday, June 24th, 2015
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PBIF expresses concern over fast depletion of water resources

Islamabad: President Pakistan Businessmen and Intellectuals Forum (PBIF) Zahid Hussain on Tuesday called for settling disputes to construct mega projects without which future of the country seems bleak. Zahid Hussain More...

Published On Monday, June 15th, 2015
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Public-private dialogue creates a foundation approach to policymaking: FPCCI Panel Chief

Islamabad: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Chairman on Horticulture & Agriculture Produce Ahmad Jawad said that Public-private dialogue (PPD) is a structured, participatory More...

Published On Saturday, June 13th, 2015
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Closing rates of Karachi Stock Exchange

KARACHI: The following were the closing rates of shares at the Karachi Stock Exchange (KSE) issued here on Friday. AUTOMOBILE ASSEMBLER: AL-Ghazi Trac. 475.4 Atlas Honda LtdXD  More...

Published On Saturday, June 13th, 2015
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Rates for conversion of FCD, DBC, FCBC, US dollar bonds

KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits More...

Published On Saturday, June 13th, 2015
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KPT shipping intelligence report

KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Friday. ALONG SIDE (Bulk Oil Pier): Berth No Ship Working Agent  More...

Published On Saturday, June 13th, 2015
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Foreign exchange rates

KARACHI: The Exchange Rates issued by Financial Markets Association of Pakistan/ Standard Chartered Bank here on Friday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & More...

Published On Saturday, June 13th, 2015
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Pb announces Rs 11bn for clean water programme

LAHORE: The Punjab government has earmarked Rs 11 billion for clean drinking water under the Punjab Clean Water programme. Provincial Finance Minister Dr Ayesha Ghaus Pasha said this in her budget speech for the More...


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