Business
Govt. announces new Tax Regime for Roshan Digital Accounts
Karachi, February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the taxation regime simple, convenient and hassle-free for Non Resident Pakistanis (NRPs) maintaining Roshan Digital Accounts (RDAs). The amendments simplify…
Workers & Remittances exceeded in January 2021
Karachi, February 15, 2021: Workers remittances exceeded $ 2.0 billion for the eighth consecutive month and amounted to $2.3 billion in January 2021, up by 19 percent over January 2020. However, remittances remained slightly lower from December 2020 level of $2.4 billion. Read more: Shan Foods receives BRC AA rating for food safety On cumulative…
Engro Fertilizers and BASF enter a strategic partnership to help Pakistani farmers protect crops and increase yields
Unique mode of action delivers faster and better control of pests on cotton and other vegetable crops Karachi, February 15, 2021: Engro Fertilizers and BASF have entered a strategic partnership to launch SefinaTM insecticide by BASF in Pakistan, to help the country’s farmers better protect their crops from pests and improve crop yields. Made from…
KSE100 index closed up 567pts
Karachi, February 15, 2021: In a bullish start to the week, the benchmark KSE100 index closed up 567 points at 46,375 level with 486 million shares traded during the session. WTL (10.1 percent), MLCF (4.2 percent), TELE (17.8 percent), ANL (1.8 percent) and HUMNL (-5.9 percent) were top contributors to the volume. Cement sector continued…
HBL joins forces with PSDF to create employment opportunities in Pakistan
Karachi, February 15, 2021: Habib Bank Limited (HBL), Pakistan’s largest commercial bank has entered into a Memorandum of Understanding (MoU) with Punjab Skill Development Fund (PSDF), the largest skills development fund in Pakistan. The MoU was signed by Aamir Kureshi – Head Consumer, Rural & SME Banking, HBL and Jawad Zahoor Khan, CEO, PSDF. Present…