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Print - 2014-07-22
Engro's Islamic Rupiya Sukuk listed with KSE

Engro's Islamic Rupiya Sukuk listed with KSE

With the formal listing of Islamic Rupiya Sukuk of Engro Corporation Limited at the stock market here on Monday, it was announced to give the highest rate of return in three and five years tranches. The formal listing was initiated with the ringing of the
Published 22 Jul, 2014 12:00am
Engro's Islamic Rupiya Sukuk listed with KSE

Engro's Islamic Rupiya Sukuk listed with KSE

With the formal listing of Islamic Rupiya Sukuk of Engro Corporation Limited at the stock market here on Monday, it was announced to give the highest rate of return in three and five years tranches. The formal listing was initiated with the ringing of the
Published 22 Jul, 2014 12:00am
AVCC, CPLC safely recover kidnapped child

AVCC, CPLC safely recover kidnapped child

Anti-Violent Crime Cell (AVCC) and Citizens Police Liaison Committee (CPLC) recovered a 10-year-old kid, Master Abdullah, resident of Baloch Colony, who was kidnapped two days ago from Defence Housing Authority (DHA) area of the city. Senior Superintenden
Published 22 Jul, 2014 12:00am
PTI believes in political consensus on vision of change: Khattak

PTI believes in political consensus on vision of change: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said the PTI-led coalition government neither believes in dictatorship nor solo flight, but wanted political consensus and going ahead with mutual consultation while implementing the vision of a change.
Published 22 Jul, 2014 12:00am
Involvement in extortion: Secretary Home orders inquiry against cops

Involvement in extortion: Secretary Home orders inquiry against cops

Secretary Home Department Sindh, Dr Niaz Ali Abbasi has ordered inquiry against the police officers allegedly involved in extortion and high handedness on transporters, passengers on the Hub River Road. The Home Secretary has taken serious notice of compl
Published 22 Jul, 2014 12:00am
Next academic year: UoP to conduct NTS type test for admission

Next academic year: UoP to conduct NTS type test for admission

The University of Peshawar (UoP) will establish its own testing service from the coming academic year and will conduct NTS type test for admission into the BS and MA, MSc Programmes from the current session. The expertise/services of the testing system wo
Published 22 Jul, 2014 12:00am
Two killed in accident

Two killed in accident

Two persons were killed and another injured when a jeep hit a crane here on Monday Police said that an over speeding private jeep got out of control of driver and rammed into a crane parked by road side near main Shahdadkot town. As a result of collision
Published 22 Jul, 2014 12:00am
Pakistan missions to close for Eid holidays

Pakistan missions to close for Eid holidays

The Embassy of Pakistan, Riyadh, will remain closed from July 27 to July 30, on account of Eid-ul-Fitr holidays, according to an official statement. The Eid holidays for the Consulate General of Pakistan, Jeddah, will start on July 28, and end on July 31.
Published 22 Jul, 2014 12:00am
PTI urges government to allow NGOs to go to NW

PTI urges government to allow NGOs to go to NW

The Pakistan Tehreek-e-Insaf on Monday demanded that national and international NGOs (non-governmental organisations) should be allowed to go North Waziristan Agency to help the internally displaced persons (IDPs) in the wake of military operation against
Published 22 Jul, 2014 12:00am
Four killed, 3 hurt in gas cylinder blast

Four killed, 3 hurt in gas cylinder blast

A CNG cylinder installed in a vehicle exploded, killing four people and three other injured in Peshawar on Monday. According to the police the gas cylinder, installed in a car, exploded when it was being filled at a pump station on Peshawar Ring Road, kil
Published 22 Jul, 2014 12:00am
USAID projects: EAD, FBR to discuss duty exemption

USAID projects: EAD, FBR to discuss duty exemption

The Economic Affairs Division and the Federal Board of Revenue (FBR) will discuss the issue of streamlining sales tax and customs duty exemption on imports and purchases made for USAID projects. Sources told Business Recorder here on Monday that th
Published 22 Jul, 2014 12:00am
Lesco, Discos directed to redress complaints

Lesco, Discos directed to redress complaints

The government has directed all the distribution companies to redress complaints regarding local tripping of electricity promptly and more efficiently so that people may not suffer. In the light of these directions. According to an official spokesman Secr
Published 22 Jul, 2014 12:00am
Eid-ul-Fitr: Sindh employees to get salaries in advance

Eid-ul-Fitr: Sindh employees to get salaries in advance

Sindh government decides to give salary to the Muslim government employees and pensioners in advance on the eve of Eid-ul-Fitr. According to a notification issued by Finance Secretary Sohail Rajput, Sindh government decides to fully pay the allowances and
Published 22 Jul, 2014 12:00am
Who is responsible of Iraqi civilians' plight?

Who is responsible of Iraqi civilians' plight?

Apropos 'UN accuses Islamic State of executions, rape, child abuse in Iraq' carried by Business Recorder on July 19, the United Nations is said to have accused Islamic State fighters in Iraq of executing religious and other leaders as well as teach
Published 22 Jul, 2014 12:00am
French online forums overflow with hate over Israel offensive

French online forums overflow with hate over Israel offensive

The deadly Israeli offensive in Gaza has let loose an unprecedented wave of hate on media websites and social networks in France that moderators say they are struggling to contain. The bombardment by land, sea and air that has killed at least 425 Palestin
Published 22 Jul, 2014 12:00am
Simpleton's handbook on how the economy works

Simpleton's handbook on how the economy works

Dear simpleton, at the outset, there are two handbooks on how the global economy works, one is for the ruled, oops, poor developing nations and the other is for the rich developed nations; and both are poles apart. The latter, is hardly a few pages and ba
Published 22 Jul, 2014 12:00am
Reckless leadership

Reckless leadership

The crashing of a passenger aircraft carrying hundreds of human beings is a tragedy that impacts the lives of thousands of the victims' survivors. Malaysian Airlines' flight MH17 tragedy was one such tragedies but for this airline it was overly damaging b
Published 22 Jul, 2014 12:00am
A word for SBP Governor who is overly cautious

A word for SBP Governor who is overly cautious

The Board of Directors of SBP, in its meeting held on 19th July, 2014, decided once again to leave the policy rate unchanged at 10 percent for the next two months. A status quo was widely anticipated as the economy was still not out of woods despite impro
Published 22 Jul, 2014 12:00am
Bestway Group acquires The Cooperative Pharmacy business

Bestway Group acquires The Cooperative Pharmacy business

Bestway Group ("Bestway") and The Co-operative Group ("Co-op") have announced that they have acquired Co-op's Pharmacy business for a purchase price of £620 million. The transaction is due to complete in October 2014, following final separation of the pha
Published 22 Jul, 2014 12:00am
Telenor Pakistan announces Rs 10 million contribution for IDPs

Telenor Pakistan announces Rs 10 million contribution for IDPs

Telenor Pakistan has announced a contribution of Rs 10 million through its emergency response partner, Pakistan Red Crescent Society (PRCS) aimed at extending relief and assistance to the Internally Displaced Persons (IDPs) of North Waziristan. The contri
Published 22 Jul, 2014 12:00am
Ministry transfers HMIS project to SZMC, Lahore

Ministry transfers HMIS project to SZMC, Lahore

The Ministry of Information Technology (IT) Monday handed over the Public Sector Development Program (PSDP) project "Hospital Management Information System (HMIS) at Tertiary Health Care Level to Sheikh Zayed Medical Complex (SZMC) Lahore. The said PSDP p
Published 22 Jul, 2014 12:00am
Ufone wins 'Call Centre leader of the year' award

Ufone wins 'Call Centre leader of the year' award

Ufone, one of the country's leading telecommunication companies, bagged the "Call Centre leader of the year" award. The award was presented to the Customer Operations Department for their excellence in customer care. Ufone participated in the awards organ
Published 22 Jul, 2014 12:00am
POL prices may remain unchanged

POL prices may remain unchanged

The government may not change the petroleum products prices in the coming month, which as per international trends are expected to increase in the range of Rs 1.4 per litre to Rs 4.5 per litre, it is learnt. According to sources, Oil and Gas Regulatory Au
Published 22 Jul, 2014 12:00am
Imran Khan defaming case: petitioner asked to submit explanation

Imran Khan defaming case: petitioner asked to submit explanation

The Islamabad High Court (IHC) on Monday directed a petitioner, who has accused Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan of defaming and ridiculing higher Judiciary alongwith retired judges, to submit a written explanation that no such case was
Published 22 Jul, 2014 12:00am
Army dispatches second consignment of relief goods for IDPs

Army dispatches second consignment of relief goods for IDPs

Pakistan Army's 10 Corps, in its continued efforts to mitigate sufferings of their brethren in need, on Monday dispatched 32 trucks of relief goods for Internally Displaced Persons (IDPs) of North Waziristan Agency (NWA). It is the second consignment, whi
Published 22 Jul, 2014 12:00am
Karachi operation: HRCP delegation visits KCCI to discuss situation

Karachi operation: HRCP delegation visits KCCI to discuss situation

Acting President of Karachi Chamber of Commerce and Industry (KCCI), Muhammad Idrees, while expressing sheer disappointment over the ongoing Karachi operation has stated that although some decline has been witnessed in targeted killings but other severe i
Published 22 Jul, 2014 12:00am
Unchanged interest rate: Lasbela Chamber chief expresses dismay

Unchanged interest rate: Lasbela Chamber chief expresses dismay

Lasbela Chamber of Commerce and Industry's ( LCCI ) President Ismail Suttar has expressed his dismay over not changing discount rate in the monitory policy announced by State Bank of Pakistan (SBP) on Saturday. In a statement issued here on Monday, the LC
Published 22 Jul, 2014 12:00am
LHC suspends license of advocate

LHC suspends license of advocate

A full bench of the Lahore High Court here on Monday suspended the license to practice of Pervaiz I Mir advocate and referred the matter to Pakistan Bar Council for further necessary action under the law. The contempt proceedings are, however, dropped as
Published 22 Jul, 2014 12:00am
SAI organises Namaz-e-Istisqa

SAI organises Namaz-e-Istisqa

Namaz-e-Istisqa was offered at an adjoining plot of the Site Association of Industry's (SAI) office here on Monday. Mufti Naeem led the prayers. Members of the SAI and its staff, general public and representatives of business and industrial community offe
Published 22 Jul, 2014 12:00am
Climatic condition may affect sugar production

Climatic condition may affect sugar production

Sugar production might face a crisis next year due to adverse weather conditions. An official of Sugar Growers Association said: "The Meteorological department has predicted hot and humid weather in the coming months due to which extreme drought condition
Published 22 Jul, 2014 12:00am
PIAF vows support to government in raising export volume to $50 billion

PIAF vows support to government in raising export volume to $50 billion

Pakistan Industrial and Traders Associations Front (PIAF) on Monday pledged all-out support to the government to increase the volume of exports to dollar 50 billion. Commenting on the statement of Federal Commerce Minister Khurram Dastgir, Chairman PIAF M
Published 22 Jul, 2014 12:00am
Police officer among seven killed in various incidents

Police officer among seven killed in various incidents

At least seven people including a cop were killed in different incidents of violence in the city, here on Monday. According to police and rescue sources, Inspector Rafiq Baloch son of Sardar Baloach was shot and killed by unidentified persons near 'Bithai
Published 22 Jul, 2014 12:00am
Minister confirms issuance of arrest warrants against MPA Rana Shoaib

Minister confirms issuance of arrest warrants against MPA Rana Shoaib

Provincial Minister of Law Rana Mashhood Ahmed has confirmed that arrest warrants have been issued against Rana Shoaib MPA and action will be taken against him as per the law. The PML-N lawmaker allegedly attacked Kharianwala police station and forcefully
Published 22 Jul, 2014 12:00am
Men throw acid on four women

Men throw acid on four women

At least four women received burn injuries when Unknown men threw acid on them here at Sariab area on Monday. According to police, the victim women were near a shopping centre when unidentified men riding a motorbike threw acid on them and fled from the s
Published 22 Jul, 2014 12:00am
Pakistani jailed in Dubai for road rage attack

Pakistani jailed in Dubai for road rage attack

A Pakistani man has been jailed for two years for beating up a student who showed his middle finger to him in a road rage incident. The Criminal Court convicted A D, 46, of assault and issuing insults. The student, R M, 19, also from Pakistan, was found g
Published 22 Jul, 2014 12:00am
Missing persons case: Interior secretary, others issued notices

Missing persons case: Interior secretary, others issued notices

The Sindh High Court on Monday issued notice to the secretary of Interior Ministry, home secretary, director general of Rangers, IGP of Sindh and other official respondents to file comments on a petition seeking whereabouts of the missing head of religiou
Published 22 Jul, 2014 12:00am
UN urged to help stop genocide of Palestinians

UN urged to help stop genocide of Palestinians

The international community and United Nations must play their vital role to stop genocide of Palestinians by Israel's forces for the respect of human dignity, and help both parties to reach the truce agreement. These demands were made by the participants
Published 22 Jul, 2014 12:00am
Cotton growers likely to achieve 10.5 million bales' target

Cotton growers likely to achieve 10.5 million bales' target

Growers in Punjab have brought 5.61 million acres of land under cotton sowing this year out of which it is expected to achieve the target of 10.5 million bales. This was stated by Punjab Agriculture Minister Dr Farrukh Javed while chairing the meeting of
Published 22 Jul, 2014 12:00am
'Every IDP's child to be vaccinated against polio in Punjab'

'Every IDP's child to be vaccinated against polio in Punjab'

Advisor to Chief Minister Punjab on Health Khawaja Salman Rafiq has directed that every child of IDPs coming to Punjab must be vaccinated against polio as unvaccinated children can pose a threat to the entire population. While chairing a meeting to review
Published 22 Jul, 2014 12:00am
ANF recovers narcotics, arrests 4

ANF recovers narcotics, arrests 4

In its three strikes/operations at airports, bus-stands and highways in Lahore, Rawalpindi and Faisalabad the Anti-Narcotics Force recovered 17 kilograms of Charas, heroin filled capsules, took possession of a vehicle and arrested four persons. According
Published 22 Jul, 2014 12:00am
Government fails to upgrade employees from grade 16 to 17

Government fails to upgrade employees from grade 16 to 17

The federal government despite making an announcement in the current fiscal year budget (2014-15) that it would upgrade all the government employees from grade 16 to 17, but has failed to implement the decision. A government official told Business Reco
Published 22 Jul, 2014 12:00am
Chicken meat, eggs: directives to announce subsidised rates prominently

Chicken meat, eggs: directives to announce subsidised rates prominently

Chief Minister's Special Assistant on Livestock Chaudhry Muhammad Arshad Jutt has directed the high-ups of the livestock department to display banners and also make announcement on loudspeakers in all Ramazan bazaars about availability of chicken meat and
Published 22 Jul, 2014 12:00am
Fiscal Year 2014 current account balance posts $2.9 billion deficit

Fiscal Year 2014 current account balance posts $2.9 billion deficit

The current account balance posted a deficit of some $2.9 billion during the last fiscal year (FY14), mainly due to rising imports of goods, services and income sector. Although, the CA deficit is slightly higher than the International Monetary Fund (IMF)
Published 22 Jul, 2014 12:00am
Israeli aggression: Jamaat-i-Islami to observe Friday as solidarity day

Israeli aggression: Jamaat-i-Islami to observe Friday as solidarity day

Jamaat-i-Islami Amir Sirajul Haq announced to observe the coming Friday as a nation-wide solidarity day over Gaza issue. In a press release issued here at Mansoora, the headquarters of JI, Sirajul Haq said his party has also written letters to the heads o
Published 22 Jul, 2014 12:00am
Violation of ordinance: SECP issues stern warning to insurance company

Violation of ordinance: SECP issues stern warning to insurance company

The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to an insurance company for non-compliance of provisions of the Insurance Ordinance 2000 after default has been established against the company. In this regard, the SECP
Published 22 Jul, 2014 12:00am
Amin Fahim rules out mid-term polls in country

Amin Fahim rules out mid-term polls in country

Senior PPP leader Makhdoom Amin Fahim has ruled out the possibility of mid-term elections in the country. Talking to media persons, he has further clarified that the PPP would prefer to lead from the front instead of following someone for the option of mi
Published 22 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Monday (July 21, 2014) and the forecast for Tuesday (July 22, 2014).

Published 22 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
FBI pushed Muslims to plot terrorist attacks: rights report

FBI pushed Muslims to plot terrorist attacks: rights report

The FBI encouraged and sometimes even paid Muslims to commit terrorist acts during numerous sting operations after the 9/11 attacks, a human rights group said in a report published Monday. "Far from protecting Americans, including American Muslims, from t
Published 22 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Jul, 2014 12:00am
FBI pushed Muslims to plot terrorist attacks: rights report

FBI pushed Muslims to plot terrorist attacks: rights report

The FBI encouraged and sometimes even paid Muslims to commit terrorist acts during numerous sting operations after the 9/11 attacks, a human rights group said in a report published Monday. "Far from protecting Americans, including American Muslims, from t
Published 22 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Jul, 2014 12:00am
PSM gets third instalment of Rs 2.85 billion

PSM gets third instalment of Rs 2.85 billion

Ministry of Finance, Government of Pakistan, Islamabad, has released the sum of Rs 2.85 billion to Pakistan Steel Mills (PSM) on Monday. The amount is the third instalment of the first tranche of the approved restructuring package of Rs 18.5 billion from
Published 22 Jul, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
PSM gets third instalment of Rs 2.85 billion

PSM gets third instalment of Rs 2.85 billion

Ministry of Finance, Government of Pakistan, Islamabad, has released the sum of Rs 2.85 billion to Pakistan Steel Mills (PSM) on Monday. The amount is the third instalment of the first tranche of the approved restructuring package of Rs 18.5 billion from
Published 22 Jul, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (July 21, 2014) and for Tuesday (July 22, 2014).
Published 22 Jul, 2014 12:00am
PSM gets third instalment of Rs 2.85 billion

PSM gets third instalment of Rs 2.85 billion

Ministry of Finance, Government of Pakistan, Islamabad, has released the sum of Rs 2.85 billion to Pakistan Steel Mills (PSM) on Monday. The amount is the third instalment of the first tranche of the approved restructuring package of Rs 18.5 billion from
Published 22 Jul, 2014 12:00am
Non-Muslims: National Assembly body opposes ban on alcohol consumption

Non-Muslims: National Assembly body opposes ban on alcohol consumption

A parliamentary panel on Monday opposed ban on drinking alcohol by non-Muslims and deferred debate on the amendment bill for the next meeting due to absence of the mover. The Standing Committee of the National Assembly for Law and Justice opposed the prop
Published 22 Jul, 2014 12:00am
Non-Muslims: National Assembly body opposes ban on alcohol consumption

Non-Muslims: National Assembly body opposes ban on alcohol consumption

A parliamentary panel on Monday opposed ban on drinking alcohol by non-Muslims and deferred debate on the amendment bill for the next meeting due to absence of the mover. The Standing Committee of the National Assembly for Law and Justice opposed the prop
Published 22 Jul, 2014 12:00am
Tesco chief executive quits amid profit warning

Tesco chief executive quits amid profit warning

Britain''''s biggest retailer Tesco said on Monday that chief executive Philip Clarke will step down later this year from the troubled supermarket giant, which has also issued a profits warning. Clarke, 54, who has been at the helm for three years, will b
Published 22 Jul, 2014 12:00am
Tesco chief executive quits amid profit warning

Tesco chief executive quits amid profit warning

Britain''s biggest retailer Tesco said on Monday that chief executive Philip Clarke will step down later this year from the troubled supermarket giant, which has also issued a profits warning. Clarke, 54, who has been at the helm for three years, will be
Published 22 Jul, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
Tesco chief executive quits amid profit warning

Tesco chief executive quits amid profit warning

Britain's biggest retailer Tesco said on Monday that chief executive Philip Clarke will step down later this year from the troubled supermarket giant, which has also issued a profits warning. Clarke, 54, who has been at the helm for three years, will be r
Published 22 Jul, 2014 12:00am
Tesco chief executive quits amid profit warning

Tesco chief executive quits amid profit warning

Britain's biggest retailer Tesco said on Monday that chief executive Philip Clarke will step down later this year from the troubled supermarket giant, which has also issued a profits warning. Clarke, 54, who has been at the helm for three years, will be r
Published 22 Jul, 2014 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 (July 21, 2014).

Published 22 Jul, 2014 12:00am
18 die, 37 injured as bus falls into nullah

18 die, 37 injured as bus falls into nullah

At least 18 persons were killed, 37 other injured and 14 in critical condition, when a speeding passenger bus skidded off a bridge and fell into a deep nullah near Poona, some 40-km from here on Monday. According to SP Bhimber Ghulam Akber Chaudhry, he sa
Published 22 Jul, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
18 die, 37 injured as bus falls into nullah

18 die, 37 injured as bus falls into nullah

At least 18 persons were killed, 37 other injured and 14 in critical condition, when a speeding passenger bus skidded off a bridge and fell into a deep nullah near Poona, some 40-km from here on Monday. According to SP Bhimber Ghulam Akber Chaudhry, he sa
Published 22 Jul, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
Murdoch tabloid suspends 'Fake Sheikh' after UK trial collapse

Murdoch tabloid suspends 'Fake Sheikh' after UK trial collapse

Rupert Murdoch's British tabloid The Sun suspended an investigative reporter nicknamed the "Fake Sheikh" on Monday after a pop star's drugs trial collapsed amid allegations that the journalist had lied in court. The trial of singer Tulisa Contostavlos, wh
Published 22 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
Murdoch tabloid suspends 'Fake Sheikh' after UK trial collapse

Murdoch tabloid suspends 'Fake Sheikh' after UK trial collapse

Rupert Murdoch's British tabloid The Sun suspended an investigative reporter nicknamed the "Fake Sheikh" on Monday after a pop star's drugs trial collapsed amid allegations that the journalist had lied in court. The trial of singer Tulisa Contostavlos, wh
Published 22 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 21, 2014).

Published 22 Jul, 2014 12:00am
World marks hottest June since 1880: US scientists

World marks hottest June since 1880: US scientists

Last month was the hottest June since record-keeping began in 1880, according to a monthly report out Monday by US government climate scientists. The combined average temperature over land and ocean surfaces was a "record high for the month at 61.20 Fahre
Published 22 Jul, 2014 12:00am
World marks hottest June since 1880: US scientists

World marks hottest June since 1880: US scientists

Last month was the hottest June since record-keeping began in 1880, according to a monthly report out Monday by US government climate scientists. The combined average temperature over land and ocean surfaces was a "record high for the month at 61.20 Fahre
Published 22 Jul, 2014 12:00am
Vague rules: FBR unable to collect FED on chartered flights

Vague rules: FBR unable to collect FED on chartered flights

The Federal Board of Revenue (FBR) is reportedly unable to collect proper Federal Excise Duty (FED) on chartered flights, due to ambiguity in prescribed rules; it is learnt here on Monday. According to sources, field formation despite having directives to
Published 22 Jul, 2014 12:00am