Karachi, June 13, 2020: Special committee of National Assembly calls for a meeting to discuss issues on export of mango. The export of mango during this year is likely to witness 70 percent drop in the export volume of mango compared to the previous mango season due to hurdles in export of mango to Iran &…
Karachi, June 13, 2020: Amin Yousuf Balgamwala, chairman Pakistan Chemicals & Dyes Merchants Association (PCDMA) & former director of Karachi Stock Exchange has expressed deep concern over the not revision of valuation rulings in the customs for many years and demanded that the valuation of imported items be revised immediately keeping in view the value…
Karachi, June 13, 2020: K-Electric conducted a successful crackdown against generator mafia in Lyari, with the support of Electric Inspector Karachi (EIK) and Law Enforcement Agencies. Under the supervision of EIK, more than 180 illegal connections were immediately disconnected from different locations. More than 180 residential and commercial buildings were being powered through illegal installation…
Karachi, June 12, 2020: The federal government for the first time in the history has reduced budget estimates for the next fiscal year 2020-21 compared to estimates of last fiscal year (FY20) due to Coronavirus pandemic. According to budget documents available to thebizupdate.com, the total outlay of budget 2020-21 is estimated Rs 7,295 billion compare…
Islamabad, June 12, 2020: The Federal government has cut the Public Sector Development Programme (PSDP) 2020-21budget by 18 percent for the next fiscal year (FY21). The Public Sector Development Programme (PSDP) is the main instrument for improving the socio-economic conditions in the country and achieving the macroeconomic and development objectives and targets set by the…