Business

M Jahangir Hayat LAHORE: The issues of  as under-invoicing and smuggling are big challenges for the economy. Change in valuation system would improve the tax collection while government, law enforcement agencies and the department are committed to root out the menace of smuggling. Director General Customs Valuation Mukarram Jah Ansari…

Total does not reflects slight reduction after govt pays Rs3.999 trillion in servicing in 15 months by Q1FY20 "If the government spends about Rs4trillion for…

Our Special Correspondent Lahore: Syed Shabbar Zaidi, Chairman FBR held a meeting with Heads of Departments of National University of Science and Technology…

Muhammad Basharat Raja to hold first meeting on 11th M Jahangir Hayat LAHORE: The chief Minister of Punjab Sardar Usman Buzdar has constituted a committee to appoint permanent President of Bank of Punjab (BoP) consisting convener and three members from the Punjab Cabinet. As per official sources Minister for Muhammad…

Our SpecialCorrespondent LAHORE: Federal Board of Revenue (FBR) has requested Ministry of Finace of United Arab Emirates (UAE) to provide the information of…

Our Special Correspondent LAHORE: Pakistan Tax Bar Association (PBA) and Lahore Tax Bar Association (LTBA) office Bearers Tuesday met Federal tax Ombudsman…

There would be good time ahead as the government is looking forward to increasing growth, opening employment, constructing low-cost housing for the common people M Jahangir Hayat LAHORE: Prime Minister of Pakistan Imran Khan has said that Pakistan has come out of the worst ever economic crisis and there would be good time ahead as the…

Biotechnology also features prominently as a priority area in all the government's policy documents M Jahangir Hayat BHURBAN: CropLife…

5th CAC Summit and Exhibition kicked off M Jahangir Hayat LAHORE: The Agriculture sector has been playing a key role in Pakistan's economy and has an…

Mian Anjum Nisar rejects election commission, urges DGTO to supervise upcoming elections M Jahangir Hayat LAHORE : Federation of Chamber of Commerce and Industry (FPCCI) has failed serve cause of the business community due to the incapability and incompetence of the incumbent group.  It is, therefore, the government has not considered the…

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…

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 to a multi facet Business Park. Besides approval of 220-KV Grid for Sundar Industrial estate and constitution of new Board for Punjab Drug testing and Research Center. At a meeting of BOD…

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…

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…

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 to meet its revenue generation targets while the government had paid of Rs 56 billion debt it owed from previous government in shape of contractors’ bills payments.The increase in Bank of…

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  …

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 Hayat LAHORE:  Pakistan needs to produce products that are competitive in European Union (EU) Market besides Pakistan and European Union have the potentials in various sectors besides…

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…

 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 two years has materialized into a record breaking performance by National Accountability Bureau (NAB), Lahore under the auspicious supervision of Director General (DG) Shahzad Saleem.…

Our Special Correspondent LAHORE: The Federal Board of Revenue (FBR) has warned the chief collectors, collector, director general who have spent above 40…

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 (TEVTA) to support the Government of Punjab’s objective of creating economic opportunities. Their goal is to use demand-driven, standardized, dynamic, and integrated technical education and…

Kashmir is lifeline of Pakistan and business community is standing side-by-side with govt and armed forces: Anwar M Jahangir Hayat LAHORE: Instant…

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…