Business

Our Special Correspondent  LAHORE: Governor SBP Dr. Reza Baqir unveiled the commemorative coin of Rs.550 to mark the 550th birth anniversary of Baba Guru Nanak at State Bank of Pakistan.A delegation of Sikh Community led by Sardar Ramesh Singh Khalsa, Patron in Chief Pakistan Sikh Council & Member Prime Minister’s Taskforce for Evacuee Trust…

Postfiling index invokes for massive scale of reforms in tax audit, compliance structure. It takes around an average of 45 days to dispose a complaint against…

Our Special Correspondent Lahore :The Punjab Industrial Estates Management & Development Company (PIEDMC) has decided to convert Quaid-e- Azam Apparel Park…

We need to incentivise the industry that uses mechanical dryers for paddy drying, CEO Atlas Foods and  REAP ex-chairman Samee Ullah Naeem Chaudhry M Jahangir Hayat LAHORE: Rice exports can be bolstered up to $5billion in the next three years provided latest technologies are introduced in the sector. At present manually, around 50,000-60,000…

By M Jahangir Hayat LAHORE: A joint team of the Customs Sialkot and Lahore officers has indicated insufficient staff, building, residential infrastructure…

M Jahangir Hayat

Operating Expenses escalate from Rs56.26billion in 9M’18 to Rs69billion 9M’19 M Jahangir Hayat LAHORE: Habib Bank Limited (HBL) has posted 11 percent decline in profit after tax of Rs 8.8 billion for nine month 2019, Rs 1.1 billion lower than last year’s profit of Rs 9.9 billion during the same period, the bank’s’ nine month’s financial…

Our Special Correspondent LAHORE:  National Accountability Bureau (NAB), Lahore by taking cognizance against alleged un-approved and illegal private…

Hike in Bank of Punjab NPLs due to bad economic conditions M Jahangir Hayat LAHORE:The province will be on almost Rs 250 billion budget surpluses if it able…

Our Special Correspondent LAHORE: As the due date for filing return of income for the tax year 2019 is drawing nearer, outreach education and training  seminars/workshops arranged by Regional Tax Office-II, Lahore are gaining momentum.  Kiosks and return receipt countershave been established at all prominent commercial areas of Lahore, Kasur,…

Our Special Correspondent  Lahore: Haleeb Foods, one of the leading food and Beverages Company of Pakistan once again join hands with Shaukat Khanum Memorial…

"We are ready to help Pakistan to expand its exports to European Union and would like to be its partner in this regard," Androulla Kaminara M Jahangir…

M Jahangir Hayat LAHORE: The Banking Sector Non Performing Loans (NPLs) to total Gross Loans, (infection ratio) has increased to 8.8 percent totaling PKR 768 billion by the end of H1CY19, against 8.0 percent by end H2CY18, weakening the Asset Quality of the banking sector during H1CY19, State Bank of Pakistan, Financial Stability Department…

 Special Correspondent LAHORE: The Lahore High Court (LHC) on Monday accepted a petition against Federal Board of Revenue (FBR)'s winding up of Internal…

Our Special Correspondent  LAHORE: Following the directions from Chairman NAB Justice Javed Iqbal, the purge against illegal Housing Societies during last…

Our Special Correspondent LAHORE: The Federal Board of Revenue (FBR) has warned the chief collectors, collector, director general who have spent above 40 percent of the budget during the first quarter of the Current Financial Year 2019-20. As per details, the competent authorities has taken serious view of the violation of Finance Division’s…

Our Special Correspondent Lahore: The Executive Committee of Sialkot Chamber under the Chair of Mr. Muhammad Ashraf Malik, President SCCI, nominated Dr.…

Lahore: : Uber, the global ride-hailing giant connecting riders to drivers, has partnered with the Technical Education & Vocational Training Authority …

Kashmir is lifeline of Pakistan and business community is standing side-by-side with govt and armed forces: Anwar M Jahangir Hayat LAHORE: Instant industrialisation is a must to improve and strengthen the economy of country. Smuggling is a big impediment in the way of local businesses and industry growth. Local investors must have to be…

M J Hayat LAHORE: The State Bank of Pakistan (SBP) should make a framework which should allow the large and well established firms and companies to enter…

M Jahangir Hayat LAHORE: The Federal Board of Revenue (FBR) Friday transfered the wistleblower, director of Customs Internal Audit Lahore who pursued gold…

Member Custom Operations FBR has issued an SRO abolishing Lahore and Karachi Directorates of Internal Audit M Jahangir Hayat LAHORE: In a bid to push under the carpet the revenue loss of over Rs 60 billion in gold and other such cases made by Internal Audit in 2015 Member has abolished the Directorate of Internal at Lahore to save the …

Our Special Correspondent  LAHORE: The Federal Investigation Agency (FIA) Zone I Lahore has sought postings/transfers record, asset declaration  and…

Our Special Correspondent                                          LAHORE:  Punjab Minister for Management and Professional Development (MPD) has called upon…

Our Special Correspondent  LAHORE: The Friends of Economic and Business Reforms (FEBR) on Sunday hailed the efforts of the Federal Board of Revenue (FBR) for achieving 90% revenue collection target set for first two months of Fiscal Year 2019-20 while break down in taxes show above 15% growth in collection of inland sales and income…

Our Special Correspondent LAHORE: Honda Atlas Cars Pakistan Limited (HACPL) in liaison with Parks and Horticulture Authority of Punjab recently organized the…

Code of conduct for 10,471 voters issued M Jahangir Hayat LAHORE: The Lahore Chamber of Commerce and Industry Monday  issued code of conduct for the…

LAHORE: The Lahore Chamber of Commerce & Industry Saturday organized a prestigious ceremony for the recognition of Golden Jubilee Members who are associated with the premier chamber for 50 years or more. LCCI President Almas Hyder, along with Senior Vice President Khawaja Shahzad Nasir and Vice President Faheem-ur-Rehman Saigal, gave Golden…

M Jahangir Hayat LAHORE: The government is doing all the good things in bad ways that has played havoc with the economic health of the country bringing the …

By Jahangir Hayat I devoted my life to business with, commitment, consistency, continuity, courage, caliber and character to get the climax. I would not be…