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…
Karachi, June 12, 2020: Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association has said more than 15 million people are living in Karachi and only 15 Government, private and charitable hospitals are dealing with Coronavirus patients. He has requested the Government to increase the number of beds at HIGH DEPENDENCY UNITS (HDUs) & INTENSIVE CARE…