HeadlinesIESCO top brass making efforts to save officials involved in fraud
Also, IESCO suffered losses of Rs222 million in twenty-three other contracts in which the contractor was granted favour by the project director
Jul 11, 2018
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Headlines
Economy$300 million tax retrieved under amnesty scheme till now: Bajwa
The credit to the farming sector witnessed a 37 percent rise, reaching Rs964 billion and a considerable increase in credit to small industries was observed, said Bajwa
Jul 10, 2018
EconomySNGPL, SSCGC facing default prospects due to non-clearance of dues by power sector
To ensure appropriate figure of RLNG demand is put forth to Pakistan LNG Limited (PLL) for July-September 2018, the Power Division has been asked to provide a proper confirmation to off-take from RLNG volumes on a take or pay basis
Jul 10, 2018
HeadlinesPEC opposes reshuffle plan for power companies
The parliamentary panel had stopped the authorities from the installation of transformers across Pakistan till the elections on July 25th
Jul 10, 2018
HeadlinesLawai to remain as PSX chairman: Report
Mr Lawai was taken into custody on Saturday by the Federal Investigation Agency (FIA) over a money laundering case of Rs35 billion
Jul 10, 2018
EconomyAffluent people seek declaration of foreign assets at 2 percent tax
By end of last month, over $6 billion of overseas assets had been declared by Pakistani nationals on which they paid $290 million in taxes and the amnesty scheme has been extended to the 31st of July earlier this month
Jul 10, 2018
HeadlinesFIA reaches out to SBP, SECP for details about Summit Bank
On Sunday, a three-judge bench, headed by Chief Justice Mian Saqib Nisar, summoned the CEOs and presidents of the Summit Bank, Sindh Bank and United Bank Limited (UBL) and others mentioned in the FIR registered by the Federal Investigation Agency (FIA) over money laundering charges
Jul 10, 2018
HeadlinesShaheen Air hits a major air pocket, reducing fleet size by half a dozen aircraft
Jul 9, 2018
HeadlinesPak can enhance horticulture exports ten-fold to $6 billion by 2030
Jul 9, 2018
HeadlinesSupreme Court orders forensic audit of oil import mechanism
Jul 9, 2018
EconomyNew Delhi annoyed over energy deal between Pakistan, Maldives
Jul 8, 2018
EconomyGovt willing to reduce GST on HSD to appease apex court
At current rates, the government hopes to fetch Rs55 billion per month on all POL products which includes Rs22 billion from petrol, Rs30 billion from HSD and Rs500 million from other products
Jul 7, 2018