Karachi, March 19, 2020: Zahid Mazhar, Chairman – All Pakistan Textile Mills Association, Sindh-Balochistan Region has demanded the government to take drastic measures to save export-oriented textile industry from the negative economic impact of Novel Coronavirus (COVID-19) as since its outbreak in mid-December 2019, has caused turmoil in the world’s second-largest economy, China, with a trickle-down…
Central Bank cuts policy rate by 75 bps Karachi, March 18, 2020: The State Bank of Pakistan (SBP) has announced three measures to address the economic and health challenges posed by the spread of COVID-19. First, the Monetary Policy Committee (MPC) of the SBP cut its policy rate by 75 basis points. As noted in the…
Karachi, July 31, 2019: The Federal board of revenue explained tax collection measures on plot said that 100 percent gain will be taxed on plots if the holding is up to one year 75 percent of the gain will be taxed if the holding period of open is more than 1 year but not more…
Islamabad, July 26, 2019: Chairman National Disaster Management Authority (NDMA) Lieutenant General Muhammad Afzal called on Prime Minister Imran and update him over the in-place measures to cope with challenges of monsoon spell. Read More: Monsoon weather likely to affect Sindh province The Chairman NDMA apprised the Prime Minister regarding the preparatory measures to guard…
Islamabad, July 5, 2019: Prime Minister Imran Khan on Friday stressed the need for Pakistan and Iran to take concrete measures against smuggling and ensure more business opportunities for the people residing along the border. Read More: PM for making ’10 billion tree’ project a success for future generations Talking to Iranian Minister for Industry,…