Karachi, June 13, 2019: Soaring temperatures during peak summer has led to a sharp increase in the demand for electricity. KE has made continuous investments in its generation, transmission and distribution infrastructure to be able to fulfill its commitment of providing maximum relief to its consumers during peak summer. However, reduction in gas pressure has…
DISCONTINUATION OF ZERO RATING OF SALES TAX “NO PAYMENT NO REFUND REGIME” Karachi, June 13, 2019: The Value Added Textile Export Sector is highly perturbed and worried on Government’s proposal in the Budget to discontinue Zero Rating scheme by abolishing SRO 1125 as it will be a deadly blow on exporters liquidity which will create…
By Muhammad Abdullah The government has come up with a strict decision to impose heavy taxes on the real estate to discourage the prevalent trend of investment on immovable property. The proposal to introduce high tax rate not only generate revenues for the national kitty from the pockets of rich and wealthy people but this…
Citi announced the launch of the Citi Middle East and North Africa (MENA) Fintech Challenge for Pakistan to offer the region’s Fintech community the opportunity to put their ideas into practice and come up with innovative solutions around four identified problem statements: • Digitizing Cash Collections • Assured Payments • B2B2C Enablement • Digitizing Trade…
Muhammad Aurangzeb, President & CEO HBL (fourth from right) along with the participants of the Shanghai Cooperation Organization Interbank Association (SCO-IBA) 15th Annual Council Meeting in Kyrgyzstan. Kyrgyzstan, June 13, 2019: Muhammad Aurangzeb, President & CEO HBL attended the Shanghai Cooperation Organization Interbank Association (SCO-IBA) 15th Annual Council Meeting in Chopon-Ata, Kyrgyzstan on 11 June…