New provision in Companies bill applicable only to SECP registered real estate companies

The Securities and Exchange Commission of Pakistan (SECP) has clarified that a new provision proposed in the Companies Bill, 2017, presently in...

LPG Chamber of Pakistan warns LPG shortage crisis during Ramadan

LPG Chamber of Pakistan has warned of a severe LPG shortage during the holy month of Ramadan following a refusal of the LPG...

Agri experts for strengthening capacities in water management

Agriculture experts here on Wednesday called for strengthening the individual capacities in the field of water management especially spring-shed management for conserving...

Sindh, KPK & Baluchistan want LNG imports issue to be forth to CCI

Sindh, Baluchistan and Khyber-Pakhtunkhwa are at loggerheads with the federal government in regard to the liquefied natural gas (LNG) import policy. In...

Government intends to produce 41,000MW of electricity through hydropower by 2030

The National Assembly was informed on Wednesday that the government has planned to initiate several hydro-power projects along River Sindh that would...

Power generation reaches record high of 17,720MW: Khawaja Asif

On Wednesday Minister of Water and Power, Khawaja Asif tweeted that a new record for power generation had been set which was recorded...

Govt to reconsider taxation on IT, telecom sectors

The government has decided to review the taxation on IT and telecom sector for the next financial year in an attempt to...

Faysal Bank, Mashreq partner to provide QuickRemit

Faysal Bank one of the leading banks of Pakistan has partnered with Mashreq, a leading financial institution of UAE, to provide QuickRemit...

Pre-budget seminar: Zero -rating regime to continue in near future

While over Rs 100 billion sales tax refunds are yet to be paid to exporters, the government has announced that at least...

Jazz emerges as sole operator to bid for 4G spectrum

The government has so far failed in attracting any new operators to the market as Jazz has emerged as the sole operator...

Netherlands to assist chemical industry in Pakistan

A team of experts from Netherlands will provide assistance to member units of the Pakistan Chemical Manufacturers Association (PCMA) for bringing improvement...

Companies Act 2017 to replace Companies Ordinance 1984

ISLAMABAD: The upper house of the parliament, on Sunday, made necessary amendments to the Companies Act 2017 and passed it with consensus....

Govt considering banning use of furnace oil, diesel for electricity generation

The government is mulling banning the use of furnace oil and high-speed diesel in electricity production and allowing only coal and imported...

Ogra’ s approval for import of CNG cylinders still pending

ISLAMABAD: All Pakistan Compressed Natural Gas Association Chairman Ghiyas Abdullah Paracha said on Tuesday that they were still waiting for the approval to...

Abolishing FTR will discourage construction industry: ABAD

  The Association of Builders and Developers of Pakistan (ABAD) has expressed concerned over the reported move of the Federal Bureau of Revenue...