M J Hayat

Our Special Correspondent  LAHORE: Dr. Reza Baqir has assumed the charge of Governor State Bank of Pakistan after President of Pakistan appointed him as Governor State Bank of Pakistan for a period of three years in pursuance of Section…

Listing Top 20 criminals and anti-social elements from every district, should be apprehended by 5th June. All RPOs and DPOs should personally monitor security duty and security plan of Churches. During Ramzan around 80 thousand police…

Our Special Correspondent LAHORE: The government is said to have appointed Ahmed Mujtaba Memon as chairman of the Federal Board of Revenue (FBR). The notification of Memon’s appointment is likely to be issued…

Our Special Correspondent Lahore:A three-day Pakistan Coating Industry Mega Show being inaugurated today (May 02) at Expo Centre Lahore. The Mega Show will have more than 250 stalls of local and international companies. As many as…

Federal Board of Revenue (FBR) has issued instructions to all Large Taxpayer Units (LTUs), Corporate Regional Tax Offices (CRTOs) and Regional Tax Offices (RTOs) of Federal Board to open their offices on 30th April, 2019 and extend…

Our Special Correspondent Lahore: Avanceon Ltd hosted its Analyst Briefing on Monday April 29, 2019. The main focus of the briefing revolved around the successful conclusion of Highway 50, annual results of 2018, the outline of…

Pakistan National Council of the Art, Islamabad organized an Exhibition of paint in "Pansive Nature " by Dr. Masooma  Abbas on 25th April 2019 at National Art Gallery. The event was inaugurated by the Chief Guest Ms. Kashmala Tariq…

Overhaul of education system, focus on vocational, skills training of the work force required Jahangir Hayat In order to maximize returns from the opportunities arising out of the implementation of CPEC projects, Pakistan would have…

Our special Correspondent Several media outlets have erroneously reported that the U.S. Embassy in Islamabad is building a firing range on the U.S. Embassy compound. These reports are baseless and untrue.  In fact, the U.S. Embassy…

Over Rs 12b Habib Bank Money Laundering Scame Breaks The Surface Comments from Abu Dhabi Sohail Hussain Abu Dhabi: Went through this devastating news published in The Business dated 23-April-2019 about an over PKR 12 Billion TBML…

Lahore: Aiming to further its efforts towards bringing the unbanked and underbanked into the fold of financial services, Pakistan Microfinance Network (PMN) has signed an agreement with Telenor Microfinance Bank (TMB), in the presence of…

LAHORE: The trainee officers of 25th Senior Management Course, National Management College, Lahore visited FBR on Wednesday and got a detailed briefing on the functioning and performance of Federal Board of Revenue. Later, the…

By Jahangir Hayat LAHORE: In the second mega money laundering scam of over Rs 15 billion after “serious deficiencies” in its anti-money laundering programme wherein New York’s banking regulator sought up to $630m in penalties from…

 M Jahangir Hayat LAHORE: An over rupees 12 billion money laundering has been undertaken by the Habib Bank Limited Import and Export Hub during the last two years as more than once bills of lading have…

Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) officers and officials barred from visiting headquarters frequently unnecessarily. It has been noted that officers/officials of the…

Jahangir Hayat Our Special Correspondent LAHORE: The All Pakistan Textile Mills Association (APTMA) Patron-in-Chief Gohar Ejaz has said the overall imports may end up at $53 billion, exports at $24 billion. He said exports have…

Our Special Correspondent  LAHORE: - Board of Management Sundar Industrial Estate (BOM-SIE) held the 2nd Sundar Industrial Expo at Expo Centre Lahore on the 20th and 21st of April 2019. Minister Industries, Commerce, Investment &…

Our Special Correspondent LAHORE: Over the past three decades, Pakistan has reduced poppy cultivation by 87 percent.  The United States is pleased to partner with Pakistan in these ongoing efforts.  In a bid to continue to combat…

 ISLAMABAD: The business community of the country has sought Rs 800 billion worth budgetary concessions, exemptions and tax reductions for the next financial year 2019-20 as compared to estimated tax expenditure of over Rs 680 billion…

M Jahangir Hayat LAHORE: JS Bank Tuesday announced to appoint new Chairman of the Board of Directors of JS Bank Limited. AS per details the bank under the headline of Appointment of Chairman has informed that Suleman Lalani has been…

LAHORE: The Federal Board of Revenue (FBR) has reshuffled BS-16 and BS-17 Officers of Pakistan Customs across Punjab. The name and designation of the officers along with their place of transfer are such as Principal Appraiser MCC,…

Our Special Correspondent Lahore: Exploitation of the Customs lowers staff at the hands of the top customs officers has been disclosed by some unknown officials at the Pakistan Citizen’s Portal and the portal management has forwarded…

Jahangir Hayat Lahore: Ambassador of Vietnam Pham Hoang Kim has said that exchange of business delegations between Pakistan and Vietnam is must to explore each other’s market. He was talking to the LCCI Acting President Khawaja…

Lahore: online focused smartphone maker Realme on the heels of the launch of Realme 3. The latest device of realme has been confirmed for a launch in the coming week (on April 15, 2019) in Lahore. Realme is a smartphone brand that…

Lahore, April 10, 2019: BankIslami Pakistan Limited, one of the leading Islamic Banks in the country, has signed a Memorandum of Understanding (MOU) with National University of Sciences & Technology (NUST), one of the leading…

Our Special Correspondent LAHORE: Punjab Revenue Authority (PRA) organized an event in connection with celebrations of Tax Day on 10th April 2019. The day was celebrated to promote awareness regarding importance of paying taxes and…

Lahore: Strong linkages between business communities of the Pakistan and Czech Republic will enhance bilateral trade volume. This was stated by the Commercial Attaché of Czech Republic Michal Bobek while speaking at the Lahore Chamber…

Along with Saudi deferred oil payment facilities, forex inflows are vital in meeting the external financing gap for FY19, relieving pressure on the foreign exchange reserves M Jahangir Hayat LAHORE: The Current Account Deficit (CAD) is…

Our Special Correspondent Lahore: The Federal Board of Revenue (FBR) has reshuffled several Inland Revenue Service. The transfers and postings are made with immediate effect till further orders. According to the notification issued,…