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Archive - 2017-11-28
"Over three years'' holding: no advance tax on property deals: FBR

"Over three years'' holding: no advance tax on property deals: FBR

The Federal Board of Revenue (FBR) has said that no advance income tax will be collected on immovable property transactions under Section 236C of the Income Tax Ordinance if the immovable property is held for a period exceeding three years.
Updated 04 Dec, 2017 11:47am
Dumping furnace oil
Oil and Gas

Dumping furnace oil

The energy management of the incumbents is principally right; but there is something missing in the short to medium term
Updated 28 Nov, 2017 12:05pm
Problem with palm oil?
Miscellaneous

Problem with palm oil?

Earlier in October, Punjab Food Authority announced that it would ban the production and sales of banaspati ghee by FY
Updated 28 Nov, 2017 11:27am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 28 Nov, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 28 Nov, 2017 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 28 Nov, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 28 Nov, 2017 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 27, 2017).
Published 28 Nov, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 28 Nov, 2017 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

A kind of weakness prevailed on the money market on Monday as the rupee tended lower against the dollar in the process of trading, dealers said.
Published 28 Nov, 2017 12:00am
Army brokers deal on TLYRA sit-in

Army brokers deal on TLYRA sit-in

Leadership of Tehreek Labbaik Ya Rasool Allah (TLYRA) on Monday announced to call off their weeks-long sit-in after Federal Law Minister Zahid Hamid resigned from his position. A six-point agreement was reached between the protesters and the government on
Published 28 Nov, 2017 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

A kind of weakness prevailed on the money market on Monday as the rupee tended lower against the dollar in the process of trading, dealers said.
Published 28 Nov, 2017 12:00am
Army brokers deal on TLYRA sit-in

Army brokers deal on TLYRA sit-in

Leadership of Tehreek Labbaik Ya Rasool Allah (TLYRA) on Monday announced to call off their weeks-long sit-in after Federal Law Minister Zahid Hamid resigned from his position. A six-point agreement was reached between the protesters and the government on
Published 28 Nov, 2017 12:00am
IHC questions army's role

IHC questions army's role

Islamabad High Court on Monday questioned army's role as a mediator in bringing Tehreek Labbaik Ya Rasool Allah (TLYRA) sit-in to an end, observing that if any soldier is interested in politics then he should at first resign from his job. The TLYR reached
Published 28 Nov, 2017 12:00am
IHC questions army's role

IHC questions army's role

Islamabad High Court on Monday questioned army's role as a mediator in bringing Tehreek Labbaik Ya Rasool Allah (TLYRA) sit-in to an end, observing that if any soldier is interested in politics then he should at first resign from his job. The TLYR reached
Published 28 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
Proposed FTA skewed in favour of Turkey

Proposed FTA skewed in favour of Turkey

The Senate Standing Committee on Commerce and Textile Monday termed the proposed Free Trade Agreement (FTA) with Turkey as disastrous for Pakistan, observing that national interests are not protected under the pact. The officials of Commerce Ministry admi
Published 28 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
Proposed FTA skewed in favour of Turkey

Proposed FTA skewed in favour of Turkey

The Senate Standing Committee on Commerce and Textile Monday termed the proposed Free Trade Agreement (FTA) with Turkey as disastrous for Pakistan, observing that national interests are not protected under the pact. The officials of Commerce Ministry admi
Published 28 Nov, 2017 12:00am
Proposed FTA skewed in favour of Turkey

Proposed FTA skewed in favour of Turkey

The Senate Standing Committee on Commerce and Textile Monday termed the proposed Free Trade Agreement (FTA) with Turkey as disastrous for Pakistan, observing that national interests are not protected under the pact. The officials of Commerce Ministry admi
Published 28 Nov, 2017 12:00am
BRIndex100 drops 26.23 points
Exchange

BRIndex100 drops 26.23 points

Pakistan Stock Exchange registered decline Monday as investors opted to offload their holdings due to prevailing political situation in the country. BRIndex100 lost 26.23 points or 0.61 percent to close at 4,268.59 points. BRIndex100 touched intraday high
Published 28 Nov, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
BRIndex100 drops 26.23 points
Exchange

BRIndex100 drops 26.23 points

Pakistan Stock Exchange registered decline Monday as investors opted to offload their holdings due to prevailing political situation in the country. BRIndex100 lost 26.23 points or 0.61 percent to close at 4,268.59 points. BRIndex100 touched intraday high
Published 28 Nov, 2017 12:00am
BRIndex100 drops 26.23 points
Exchange

BRIndex100 drops 26.23 points

Pakistan Stock Exchange registered decline Monday as investors opted to offload their holdings due to prevailing political situation in the country. BRIndex100 lost 26.23 points or 0.61 percent to close at 4,268.59 points. BRIndex100 touched intraday high
Published 28 Nov, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 27, 2017)

Published 28 Nov, 2017 12:00am
Over three years' holding: no advance tax on property deals: FBR

Over three years' holding: no advance tax on property deals: FBR

The Federal Board of Revenue (FBR) has said that no advance income tax will be collected on immovable property transactions under Section 236C of the Income Tax Ordinance if the immovable property is held for a period exceeding three years.
Published 28 Nov, 2017 12:00am
Over three years' holding: no advance tax on property deals: FBR

Over three years' holding: no advance tax on property deals: FBR

The Federal Board of Revenue (FBR) has said that no advance income tax will be collected on immovable property transactions under Section 236C of the Income Tax Ordinance if the immovable property is held for a period exceeding three years.
Published 28 Nov, 2017 12:00am
Indian court acquits 35 from anti-piracy ship of weapons charges

Indian court acquits 35 from anti-piracy ship of weapons charges

Thirty-five men being held in India were on Monday acquitted of illegal possession of arms while they were on a US-operated anti-piracy boat in 2013. The six Britons, three Ukrainians, 14 Estonians and 12 Indians were given five-year jail terms by a lower
Published 28 Nov, 2017 12:00am
UN to discuss tougher response to Libya slave auctions: France

UN to discuss tougher response to Libya slave auctions: France

The UN Security Council must take stronger measures, possibly including sanctions, to put a stop to slave auctions in Libya, the French ambassador said Monday. France has requested an urgent meeting of the council for Tuesday, a week after the top UN body
Published 28 Nov, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 27, 2017).

Published 28 Nov, 2017 12:00am
Greek PM defends controversial Saudi arms sale

Greek PM defends controversial Saudi arms sale

Greek Prime Minister Alexis Tsipras on Monday defended a controversial arms sale to Saudi Arabia which Amnesty International said should be scrapped over Riyadh's involvement in fighting in Yemen. Tsipras said there was nothing improper in the deal, which
Published 28 Nov, 2017 12:00am
Mexico finance minister resigns, clearing way for presidential run

Mexico finance minister resigns, clearing way for presidential run

Mexican finance minister Jose Antonio Meade resigned Monday, clearing the way for a potential presidential run that many pundits are calling the ruling party's only chance to hang onto power. Meade, who is being touted as a top contender for the July 2018
Published 28 Nov, 2017 12:00am
Cuban revolutionary figure Armando Hart dies

Cuban revolutionary figure Armando Hart dies

Armando Hart Davalos, a key figure of the Cuban revolution and close friend of Fidel Castro, died Sunday in Havana at the age of 87. Cuban state media reported that the elderly revolutionary - who spearheaded the country's huge literacy drive - passed awa
Published 28 Nov, 2017 12:00am
The Weather

The Weather

The weather report on Monday (November 27, 2017) and the forecast for Tuesday (November 28, 2017).

Published 28 Nov, 2017 12:00am
UBS exits recruiting pact, following Morgan Stanley

UBS exits recruiting pact, following Morgan Stanley

UBS Group AG's Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.
Published 28 Nov, 2017 12:00am
UBS exits recruiting pact, following Morgan Stanley

UBS exits recruiting pact, following Morgan Stanley

UBS Group AG's Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.
Published 28 Nov, 2017 12:00am
UBS exits recruiting pact, following Morgan Stanley

UBS exits recruiting pact, following Morgan Stanley

UBS Group AG''s Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.
Published 28 Nov, 2017 12:00am
UBS exits recruiting pact, following Morgan Stanley

UBS exits recruiting pact, following Morgan Stanley

UBS Group AG''''s Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.
Published 28 Nov, 2017 12:00am
Indian woman in Muslim marriage scandal appeals for 'freedom'

Indian woman in Muslim marriage scandal appeals for 'freedom'

A woman confined to her parents' home because she married a Muslim should be removed from her father's custody and allowed to finish her studies, India's top court ruled Monday. Akhila Ashokan's marriage to a Muslim man was nullified against her wishes ea
Published 28 Nov, 2017 12:00am
Indian woman in Muslim marriage scandal appeals for 'freedom'

Indian woman in Muslim marriage scandal appeals for 'freedom'

A woman confined to her parents' home because she married a Muslim should be removed from her father's custody and allowed to finish her studies, India's top court ruled Monday. Akhila Ashokan's marriage to a Muslim man was nullified against her wishes ea
Published 28 Nov, 2017 12:00am
Thanksgiving holiday shootings leave eight dead in Chicago

Thanksgiving holiday shootings leave eight dead in Chicago

Eight people were killed and dozens injured in Chicago in the US city's second most violent Thanksgiving holiday weekend in recent years as it continues to struggle with gun violence. Forty-four people were shot during the period from Wednesday afternoon
Published 28 Nov, 2017 12:00am
Thanksgiving holiday shootings leave eight dead in Chicago

Thanksgiving holiday shootings leave eight dead in Chicago

Eight people were killed and dozens injured in Chicago in the US city's second most violent Thanksgiving holiday weekend in recent years as it continues to struggle with gun violence. Forty-four people were shot during the period from Wednesday afternoon
Published 28 Nov, 2017 12:00am
Love at first sight: Prince Harry to marry Markle next year

Love at first sight: Prince Harry to marry Markle next year

Britain's Prince Harry said Monday he was "thrilled" to be marrying his American girlfriend Meghan Markle early next year, confirming months of speculation about the one-time playboy royal and the glamorous actress. The prince revealed he fell for Markle
Published 28 Nov, 2017 12:00am
Love at first sight: Prince Harry to marry Markle next year

Love at first sight: Prince Harry to marry Markle next year

Britain's Prince Harry said Monday he was "thrilled" to be marrying his American girlfriend Meghan Markle early next year, confirming months of speculation about the one-time playboy royal and the glamorous actress. The prince revealed he fell for Markle
Published 28 Nov, 2017 12:00am
Punjab textile industry will not get gas from December 1

Punjab textile industry will not get gas from December 1

Sui Northern Gas Limited (SNGPL) has reportedly expressed its inability to supply 150 MMCFD system gas to Punjab-based textile industry for at least two and half months starting from December 1, 2017, well informed sources told Business Recorder. S
Published 28 Nov, 2017 12:00am
Punjab textile industry will not get gas from December 1

Punjab textile industry will not get gas from December 1

Sui Northern Gas Limited (SNGPL) has reportedly expressed its inability to supply 150 MMCFD system gas to Punjab-based textile industry for at least two and half months starting from December 1, 2017, well informed sources told Business Recorder. S
Published 28 Nov, 2017 12:00am
Punjab textile industry will not get gas from December 1

Punjab textile industry will not get gas from December 1

Sui Northern Gas Limited (SNGPL) has reportedly expressed its inability to supply 150 MMCFD system gas to Punjab-based textile industry for at least two and half months starting from December 1, 2017, well informed sources told Business Recorder. S
Published 28 Nov, 2017 12:00am
Meredith Corp to buy Time Inc for $2.8 billion

Meredith Corp to buy Time Inc for $2.8 billion

Time Inc. is selling for $2.8 billion to media conglomerate Meredith Corporation, which is backed by the billionaire Koch brothers, who are known for supporting conservative causes. Time, which also publishes its eponymous magazine, Fortune, and Sports Il
Published 28 Nov, 2017 12:00am
Meredith Corp to buy Time Inc for $2.8 billion

Meredith Corp to buy Time Inc for $2.8 billion

Time Inc. is selling for $2.8 billion to media conglomerate Meredith Corporation, which is backed by the billionaire Koch brothers, who are known for supporting conservative causes. Time, which also publishes its eponymous magazine, Fortune, and Sports Il
Published 28 Nov, 2017 12:00am
Meredith Corp to buy Time Inc for $2.8 billion

Meredith Corp to buy Time Inc for $2.8 billion

Time Inc. is selling for $2.8 billion to media conglomerate Meredith Corporation, which is backed by the billionaire Koch brothers, who are known for supporting conservative causes. Time, which also publishes its eponymous magazine, Fortune, and Sports Il
Published 28 Nov, 2017 12:00am
Meredith Corp to buy Time Inc for $2.8 billion

Meredith Corp to buy Time Inc for $2.8 billion

Time Inc. is selling for $2.8 billion to media conglomerate Meredith Corporation, which is backed by the billionaire Koch brothers, who are known for supporting conservative causes. Time, which also publishes its eponymous magazine, Fortune, and Sports Il
Published 28 Nov, 2017 12:00am
CJP concerned at adverse remarks against higher judiciary

CJP concerned at adverse remarks against higher judiciary

Chief Justice Mian Saqib Nisar Monday dismissed Lahore High Court Bar Association, Multan Bench, President Sher Zaman Qureshi's appeal, observing some of the legal fraternity members are bent upon destroying the judicial system through politics. Sher Zama
Published 28 Nov, 2017 12:00am
CJP concerned at adverse remarks against higher judiciary

CJP concerned at adverse remarks against higher judiciary

Chief Justice Mian Saqib Nisar Monday dismissed Lahore High Court Bar Association, Multan Bench, President Sher Zaman Qureshi's appeal, observing some of the legal fraternity members are bent upon destroying the judicial system through politics. Sher Zama
Published 28 Nov, 2017 12:00am
Challenges to the economy
Exchange

Challenges to the economy

The list of challenges facing Pakistan as per the recent report of the Asian Development Bank is exhaustive: (i) poor governance that effectively indicates the institutional bottlenecks facing the country today ranging from deliberate obstacles placed to
Published 28 Nov, 2017 12:00am
An unsavoury episode

An unsavoury episode

While it is a matter of relief that the 22-day protest sit-in, demanding the Law Minister's resignation, by a newly-formed religious political party, Tehreek Labbaik Ya Rasool Allah, at Faizabad interchange and related events in other parts of the country
Published 28 Nov, 2017 12:00am
A stronger trade policy
Currency

A stronger trade policy

The first four months of 2017-18 have witnessed a further deterioration in the balance of payments position. The trade deficit has risen by 41 percent to $ 9.7 billion. Exports have started increasing after long time, with a growth rate of 11 percent. But
Published 28 Nov, 2017 12:00am
Abject surrender
Exchange

Abject surrender

The Faizabad sit-in by the Tehreek Labbaik Ya Rasool Allah (TLYRA) ended after 20 days not with a bang but a whimper. The government folded in abject surrender despite its earlier bluster about being able to clear Faizabad within hours but, as it argued,
Published 28 Nov, 2017 12:00am
Bubble or breakthrough? Bitcoin keeps central bankers on edge
Currency

Bubble or breakthrough? Bitcoin keeps central bankers on edge

Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. But it keeps them awake at night because these private currencies threaten their control of the banking system and money supply, which could undermine the monetary pol
Published 28 Nov, 2017 12:00am
US-Russia 'media war'

US-Russia 'media war'

President Vladimir Putin is said to have signed into law new rules on international media organizations present in Russia being termed "foreign agents", following US pressure on the Kremlin-backed PT television channel. Already approved by both houses of
Published 28 Nov, 2017 12:00am
PTI welcomes end of sit-in at Faizabad Chowk

PTI welcomes end of sit-in at Faizabad Chowk

The Pakistan Tehreek-e-Insaf (PTI) on Monday welcomed end of sit-in at Faizabad Chowk in Islamabad and other parts of the country. "Due to negligence of the government, people all over the country have been suffering with normal life coming to a grinding
Published 28 Nov, 2017 12:00am
Farmers protest against delay in cane crushing season

Farmers protest against delay in cane crushing season

Sugarcane farmers have staged strong demonstrations in front of the Sugar Mills as a mark of protest against the delay in cane crushing season in Faisalabad Division, here on Monday. The major demonstration held at Jaranwala, where protesters carrying ban
Published 28 Nov, 2017 12:00am
PIAF urges Nepra to cut electricity rate

PIAF urges Nepra to cut electricity rate

The Pakistan Industrial and Traders Association Front (PIAF), while appreciating the National Electric Power Regulatory Authority for decreasing electricity price by Rs 2.19 per unit for September under a monthly fuel adjustment formula has urged the Auth
Published 28 Nov, 2017 12:00am
Qadri arrives today

Qadri arrives today

Chairman Pakistan Awami Tehreek Allama Tahirul Qadri is arriving here Tuesday from Turkey to resume his religious and political activities. Party sources said that Allama will address an international MILAD conference on the sanctity of finality of prophe
Published 28 Nov, 2017 12:00am
Small group succeeded in forcing government to accept its demands

Small group succeeded in forcing government to accept its demands

After law minister Zahid Hamid's resignation, the Tehreek-i-Labbaik Ya Rasool Allah party, which was behind the sit-in in Islamabad and protests in other cities and towns across country, said they were dispersing peacefully under an agreement with the gov
Published 28 Nov, 2017 12:00am
LHC adjourns PPP's hearing appeals in Benazir murder case

LHC adjourns PPP's hearing appeals in Benazir murder case

The division bench of the Lahore High Court on Monday adjourned the hearing of the appeals of Pakistan Peoples Party Co-Chairman Asif Ali Zardari, in Benazir Bhutto murder case for indefinite period. The case was adjourned as lawyers community was on stri
Published 28 Nov, 2017 12:00am
Islamabad, 'Pindi back to normal

Islamabad, 'Pindi back to normal

Following the end of three weeks long sit-in by Tehreek Labbaik Ya Rasool Allah (TLYRA), the normalcy started returning to the twin cities of Rawalpindi and Islamabad. After the clearance of Faizabad, the main interchange connecting the twin cities, the t
Published 28 Nov, 2017 12:00am
24th Amendment: government approaches PPP for support: Shah

24th Amendment: government approaches PPP for support: Shah

Leader of Opposition in the National Assembly, Syed Khursheed Ahmed Shah has said that Pakistan Muslim League-Nawaz (PML-N) has once again contacted Pakistan Peoples Party (PPP) for supporting constitutional amendment bill on delimitation of constituencie
Published 28 Nov, 2017 12:00am
Corruption refferencs hearing put off till today

Corruption refferencs hearing put off till today

Accountab-ility Court Monday adjourned hearing of two corruption references against Sharif family till Tuesday (today) after former Prime Minister Nawaz Sharif failed to appear before the court due to prevailing law and order situation caused by Tehreek L
Published 28 Nov, 2017 12:00am
AC adjourns Al-Azizia case hearing

AC adjourns Al-Azizia case hearing

The Accountability Court hearing three corruption cases against former prime minister Nawaz Sharif and his family adjourned the hearing of the Al Azizia Steel Mills case until today (Tuesday) due to the absence of lawyers and witnesses. Sharif's counsel H
Published 28 Nov, 2017 12:00am
K-Electric energizes Mujeeb Goth

K-Electric energizes Mujeeb Goth

In a project completed in almost two months, K-Electric has successfully energized Mujeeb Goth, a thickly populated and underdeveloped area of Orangi by installing almost 250 new low-cost meters, PMTs and more than 50 new electricity poles. Spokesperson K
Published 28 Nov, 2017 12:00am
PM, King Salman discuss regional, international issues

PM, King Salman discuss regional, international issues

The Prime Minister Shahid Khaqan Abbasi paid a one-day visit to Saudi Arabia on 27 November 2017. He was accompanied by the Foreign Minister of Pakistan, Khawaja Muhammad Asif; the Chief of Army Staff, General Qamar Javed Bajwa and the Director General of
Published 28 Nov, 2017 12:00am
'Billions of rupees being spent on quality healthcare facilities'

'Billions of rupees being spent on quality healthcare facilities'

The Punjab governor Malik Muhammad Rafique Rajwana has said that resources worth billions of rupees are being spent for providing qualitative and latest healthcare facilities to the people. He said this while talking to the vice-chancellor Fatima Jinnah M
Published 28 Nov, 2017 12:00am
Faizabad sit-in: Rabbani says army role matter of grave concern

Faizabad sit-in: Rabbani says army role matter of grave concern

Chairman Senate Raza Rabbani on Monday called for building a national narrative to cope with the challenges faced by the country, saying the new trend set by the government to deal with handful protesters through an agreement is a direct threat to the sta
Published 28 Nov, 2017 12:00am
Serene Air to begin international operations by February 2018

Serene Air to begin international operations by February 2018

Serene Air, one of fastest growing domestic airline, is likely to commence its international operations by February 2018. Talking to Business Recorder, Nehal Akbar, Regional Director South Serene Air told that the airline, presently running its operations
Published 28 Nov, 2017 12:00am
Tax evasion: reference filed against hotel

Tax evasion: reference filed against hotel

Directorate of Intelligence & Investigation Inland Revenue has filed a reference with the special court taxation, customs and anti smuggling Rawalpindi, against the directors of a renowned hotel of Islamabad. It is learnt that the Intelligence & Investiga
Published 28 Nov, 2017 12:00am
ID cards blocking: LHC seeks reply from ministry

ID cards blocking: LHC seeks reply from ministry

The Lahore High Court (LHC) issued a notice on Monday to the interior ministry in a petition against blocking national identification cards of a family. A citizen, Faqir Hussain, plead that the National Database and Registration Authority (NADRA) had bloc
Published 28 Nov, 2017 12:00am
Only fortified iodized salt shall be sold: PFA's order

Only fortified iodized salt shall be sold: PFA's order

The Punjab Food Authority (PFA) has issued a final deadline to all the salt processing companies to sell only fortified iodized salt after February 15, 2018. According to the departmental sources, Director General PFA Noor-ul-Amin Mengal held a meeting so
Published 28 Nov, 2017 12:00am
OPC retrieves properties worth Rs 15.4 million

OPC retrieves properties worth Rs 15.4 million

Due to the intervention of Overseas Pakistanis Commission (OPC) Punjab, as many as 4 properties of expatriate Pakistanis, worth Rs 15.4 Million have been got retrieved from the illegal occupants during the last week. Vice Chairperson OPC, Shaheen Khalid B
Published 28 Nov, 2017 12:00am
Petrol shortage irks citizens

Petrol shortage irks citizens

The blockage of entry points of the city during the last three days has caused petrol shortage in the city and citizens approached some 370 petrol pumps on Monday. The visual reports about the shortage panicked citizens by and large and they were found ru
Published 28 Nov, 2017 12:00am
Cheetay.pk ventured into new business category

Cheetay.pk ventured into new business category

Cheetay.pk recently ventured into a new business category. Having established a foothold in the technology industry with a tech-savvy and prompt e-commerce platform, they are taking convenience to a whole new level. For the multitude of people who do not
Published 28 Nov, 2017 12:00am
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