BAFL 53.19 Increased By ▲ 3.16 (6.32%)
BIPL 22.90 Increased By ▲ 0.49 (2.19%)
BOP 5.67 Increased By ▲ 0.25 (4.61%)
CNERGY 5.12 Increased By ▲ 0.07 (1.39%)
DFML 19.35 Increased By ▲ 0.17 (0.89%)
DGKC 80.54 Increased By ▲ 0.39 (0.49%)
FABL 33.11 Increased By ▲ 0.26 (0.79%)
FCCL 20.25 No Change ▼ 0.00 (0%)
FFL 10.48 Increased By ▲ 0.83 (8.6%)
GGL 13.61 Increased By ▲ 0.01 (0.07%)
HBL 129.52 Increased By ▲ 8.18 (6.74%)
HUBC 123.38 Increased By ▲ 0.88 (0.72%)
HUMNL 8.04 Increased By ▲ 0.04 (0.5%)
KEL 4.43 Increased By ▲ 0.46 (11.59%)
LOTCHEM 28.01 Decreased By ▼ -0.07 (-0.25%)
MLCF 42.71 Increased By ▲ 0.51 (1.21%)
OGDC 125.38 Increased By ▲ 4.05 (3.34%)
PAEL 21.33 Increased By ▲ 1.10 (5.44%)
PIBTL 6.11 Increased By ▲ 0.31 (5.34%)
PIOC 118.47 Increased By ▲ 2.57 (2.22%)
PPL 113.85 Increased By ▲ 3.10 (2.8%)
PRL 31.80 Increased By ▲ 2.22 (7.51%)
SILK 1.10 Increased By ▲ 0.02 (1.85%)
SNGP 69.44 Increased By ▲ 0.41 (0.59%)
SSGC 13.76 Increased By ▲ 0.06 (0.44%)
TELE 9.16 Increased By ▲ 0.41 (4.69%)
TPLP 14.79 Increased By ▲ 0.12 (0.82%)
TRG 92.45 Increased By ▲ 1.15 (1.26%)
UNITY 27.47 Increased By ▲ 0.22 (0.81%)
WTL 1.67 Increased By ▲ 0.04 (2.45%)
BR100 6,815 Increased By 167.1 (2.51%)
BR30 24,245 Increased By 677 (2.87%)
KSE100 66,224 Increased By 1505.6 (2.33%)
KSE30 22,123 Increased By 529.1 (2.45%)
Business & Finance

Dar urges business community to donate to PM’s relief fund for Turkiye earthquake

  • Finance minister says businessmen can claim tax relief on the donated amount
Published February 8, 2023

Finance Minister Ishaq Dar on Wednesday invited the business community to donate to the Prime Minister’s Relief Fund for Turkiye's Earthquake Victims.

In a press conference, he said that tax relief, applicable to charity and donations, will be implemented on the amount contributed to the fund.

“I request you to donate from the export proceeds. Turkiye is hit by a natural calamity and we need to mobilize funds for it.

Turkiye has always helped Pakistan hence we should step forward to help the brotherly nation in difficult times.”

He said Prime Minister Shehbaz Sharif on Tuesday tasked the Ministry of Finance to open an account for donations to Turkiye.

Pakistan forms PM relief fund for Turkiye's earthquake victims

“This account has been opened and the State Bank of Pakistan (SBP) has sent a circular to the commercial banks to facilitate donations,” he added.

“Parliamentarians are also considering donating a portion of their salaries to the fund,” he noted.

Dar also said he plans to hold a meeting with businesses over the next few days to discuss the outcome of government talks with the International Monetary Fund (IMF).

Turkiye and Syria earthquake

On Monday, a 7.8-magnitude earthquake struck Turkiye and Syria, leaving over 10,000 people dead and scores injured.

PM Shehbaz said the government will send aid to Turkiye in a bid to support relief and rescue activities. On Tuesday, he ordered the establishment of a relief fund.

He was also meant to visit Turkiye but the trip has been postponed.

Earlier, Information Minister Marriyum Aurangzeb had said the cabinet will donate one month’s salary to the fund while Federal Minister for Railways Khawaja Saad Rafique had said a PIA plane went to Istanbul on Tuesday afternoon with a 51-member rescue team and relief items.

Meanwhile, Turkish President Tayyip Erdogan said on Wednesday there were some problems in the initial response to the massive earthquakes that struck southern Turkiye but operations are back to normal now, adding that the death toll in the country rose to 8,574.


Comments are closed.

bonce richard Feb 08, 2023 06:31pm
Who trusts on you? You yourself depend on Zakat Fitra Donation and transfer money to London. You people destroy the country although God has given us water fertile land and natural resources but in your blood smell of corruption coming Now you begging for money from IMF.
thumb_up Recommended (0)
Mian M N Shaite Feb 08, 2023 06:44pm
Mr Dar, please set an example by first making a hefty donation yourself before asking others to do so. Please also make your donation public, so that we may know, and also assure that funds donated for this cause will not be usurped by political parties.
thumb_up Recommended (0)
Ajaz Haque Feb 08, 2023 07:12pm
The public doesnt trust you or your PM, so why will they contribute even a penny?
thumb_up Recommended (0)
Zubair Feb 08, 2023 08:03pm
We fully sympathise with the people of Turkey over the current catastrophe but the trust deficit with the present government doesn’t permit donating in the PM’s Relief Fund
thumb_up Recommended (0)
Haroon Feb 08, 2023 08:13pm
Our reserves are already low, and exporters are not remitting proceeds back to the country. Beggars cannot be donors, as Shehbaz Sharif would say. First tell exporters to send dollars back home rather than Turkey.
thumb_up Recommended (0)
Kaashif Feb 08, 2023 08:32pm
Seriously? I am all for Muslim unity, but we have just had a huge floods that have destroyed huge swathes of our country. Unlike Turkey, Pakistan's government and economy is not delivering to it's people and is poorly equipped to help Pakistanisv let alone a rich well run developed economy like Turkeye
thumb_up Recommended (0)
Asif Mehmood Feb 08, 2023 08:33pm
We do not trust this Government and even your prime minister and PDM. Think before you ask for donation.
thumb_up Recommended (0)
John Feb 08, 2023 08:42pm
Dar, Sharifs, Zardari have billions of dollars parked overseas...why don't they bring that money back and help country....and donate a bit for Turkey's Earthquake victims!
thumb_up Recommended (0)
KhanRA Feb 08, 2023 09:16pm
There are dozens of reliable and transparent charities to choose from. I hope no one is silly is enough to donate to any politician’s charity, as the money will go to the politician instead of victims.
thumb_up Recommended (0)
KU Feb 08, 2023 09:48pm
Donate through a reliable source, the funds should reach the needy. It's amazing how low a shameful person can get when it's on the court records how the present government party et al., have been involved in billions of corrupt practices.
thumb_up Recommended (0)
TimeToMovveOn Feb 08, 2023 09:58pm
People, please don't send any money. Nothing will go to Turkey.
thumb_up Recommended (0)
Ahmad Feb 08, 2023 11:03pm
You will send pkr to turkey? Pak doesn't have the dollars or resources to help turkey in any manageable way. This is just a gesture of kindness. I am not saying this move is wrong. Just that it's sad that we can't help.
thumb_up Recommended (0)
sattar khan niazi Feb 09, 2023 12:18am
These r all culprits n a declared country looters n bribery.They hv lost their credibility. None a sensible person ll give a penny to these dacoits accounts. I damn all these regime changers. INSHA Allah... Well wishers of Pakistan ll rise n raze all these criminals. Long live Pakistan!
thumb_up Recommended (0)
gnay.aly Feb 09, 2023 04:19am
thumb_up Recommended (0)
KK Feb 09, 2023 11:12am
I am not sure if this money will reach the Turkish quake victims.
thumb_up Recommended (0)

Dar urges business community to donate to PM’s relief fund for Turkiye earthquake

Israel strikes Gaza after failed UN ceasefire bid

$100 billion export vision: Pakistan eyes to reduce trade deficit with China

Nawaz stresses on improving relations with India, other neigbours

Gold price per tola falls Rs3,000 in Pakistan

Sarah Inam murder case: Verdict to be announced on December 14

Iran says reviving nuclear deal 'useless'

COP28 president says summit 'making progress, but not fast enough'

OPEC members push against including fossil fuels phase-out in COP28 deal

Turkiye's Erdogan denounces UN 'Israel protection council'

Sydney bakes in hottest day in three years