Business

By Our Special Correspondent LAHORE: Haleeb Foods one of the leading food and beverages company of Pakistan celebrated World Milk Day with SOS Village Lahore. This celebration aimed to recognize the significance of Milk nutrition in daily lives. Under this initiative Haleeb Foods distributed packs of its most…

ISLAMABAD: Federal government on Friday announced to raise allowance of regular nurses working in the federal government hospitals. The rise in nurses’…

KARACHI: Pakistan’s eastern airspace will remain suspended for all transit flights till July 12, the Civil Aviation Authority (CAA) said on Friday. According…

Federal Board of Revenue (FBR) has issued instructions to its subordinate offices to observe extended working hours till Sunday. As per details, all FBR offices will remain open until 8:00 pm on Friday (today), and 11:00 pm on Saturday (tomorrow) and Sunday. According to a press release, the step has been taken to facilitate the taxpayers in…

LAHORE: A petition seeking directives for the government to disclose details of the country’s foreign debt was filed in the Lahore High Court (LHC) on Friday.…

ISLAMABAD: Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan said on Friday Prime Minister Imran Khan has turned tax…

KARACHI: The Airport Security Force (ASF) team deputed at Jinnah International Airport Karachi thwarted attempt to smuggle 1.12kg of gold jewellery.   According to details, the gold was recovered from the baggage of two women during a security check on her departure to Dubai by Emirates Airlines flight EK-609. Later the two accused were…

After deadline it will be difficult to hide assets, higher rate of tax, heavy fine may be imposed: CRTO Chief Commissioner By Jahangir Hayat LAHORE: The…

KARACHI: Research and Policy Division of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized an interactive session on Draft National SME…

Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in interbank session, a private media house reported. By the end of the day’s trade, the value of PKR stood at Rs164.06 per USD, as against Wednesday’s closing of Rs162.17. Within the open market, PKR was traded…

ISLAMABAD: Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last…

ISLAMABAD: The utility stores have enhanced the price of sugar and over 50 brands of general use items. The utility stores have enhanced three rupees on per…

ISLAMABAD: Executive Board of International Monetary Funds (IMF) in its meeting on July 03 will give final approval of the bailout package for Pakistan. Adviser to Prime Minister on Finance and Revenue Dr Hafeez Shaikh will proceed to Washington along with his financial team to sign agreement with the IMF. The IMF board will approve $ six…

KARACHI: People are now free from the hassle of going to banks merely for biometric verification because a special application has been launched to ease this…

ISLAMABAD: The Civil Aviation Authority (CAA) here on Wednesday announced the schedule of pre-Hajj flight operations for Karachi’s Jinnah International Airport.…

ISLAMABAD: Afghan President Ashraf Ghani would reach Pakistan on an official two-day trip on Thursday (today) after an invitation by Prime Minister Imran Khan. According to the Foreign Office Spokesperson Dr Faisal, the President of Afghanistan is arriving in Pakistan along with a high-level delegation including businessmen. Ghani is…

Our Special Correspondent Lahore: Federal Board of Revenue (FBR) has issued instructions to all the LTUs/CRTOs/RTOs to remain open and observe extended…

Our Special Correspondent LAHORE: Declaration Under Assets Declaration Ordinance Not Admissible For Evidence in Other Laws…

PESHAWAR: The Khyber Pakhtunkhwa (KP) Assembly on Wednesday passed the budget for 2019-20 fiscal year despite the ruckus of opposition in the assembly. On June 18, the Khyber Pakhtunkhwa (KPK) government had unveiled a new surplus budget for the fiscal year 2019-20 with a record outlay of over Rs900 billion. At the outset of the budget…

KARACHI: Saudi Arabia has abolished the condition of immigration landing card for Hajj pilgrims.   To facilitate Hujjaj, the Saudi aviation authority ended…

KARACHI: Federal Investigation Agency (FIA) barred at least 60 passengers from traveling to Malaysia at the Karachi airport. According to sources, despite…

KARACHI: Pakistan Meteorological Department (PMD) has said there is a slight chance of sighting of new moon of Ziquad, 1440 AH on July 3 (29 Shawwal). New moon of Ziquad, 1440 AH will born on crossing conjunction point at 00-16 PST on July 03, the met office in a statement said. According to astronomical parameters, there is slight chance of…

ISLAMABAD: Advisor to the Prime Minister Abdul Hafeez Sheikh will preside over a meeting of the federal cabinet’s Economic Coordination Committee (ECC) to grant…

LONDON: Pakistani High Commissioner to the United Kingdom Mohammad Nafees Zakaria has said Pakistan offers great opportunities for foreign investors to invest…

ISLAMABAD: The Joint Opposition in the National Assembly on Wednesday termed the federal budget 2019-20 as people-anti and decided to vote against it in the house. The decision was taken in a meeting of the parliamentary parties of the opposition benches in the lower house of the parliament. The meeting was presided over by Opposition Leader…

Our Special Correspondent Lahore: Pakistan China Joint Chamber of Commerce and Industry conducted various business-to-business (B2B) meetings in…

ISLAMABAD: The prices of gas are likely to rise by 190 percent in the month of July, sources informed on Tuesday. The petroleum division has prepared a summary…

SUKKUR: The National Accountability Bureau (NAB) has summoned eight wheat godown in-charges of Larkana over alleged corruption, citing sources. The godown in-charges have been summoned to appear before NAB along with the concerned record. According to the sources, Rs 1million loss occurred due to alleged corruption in the wheat stock in only…

ISLAMABAD: Federal Minister for Defence Pervez Khattak claimed on Tuesday the PTI-led coalition government has the required majority to pass the Finance Bill…

KARACHI: The Pakistan International Airlines (PIA) elucidated on Monday that the relocation of its employees to Islamabad did not “by any way transferring the…