PESHAWAR: The business community has presented a 48-point charter of demands to the government, which include a complete end to lockdown, early payment of tax refunds, lifting of ban on wheat transportation from Punjab to Khyber Pakhtunkhwa and one-year tax waiver to revive business activities in the province. Addressing a news conference on the premises […]
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KARACHI: The dollar continued its upward journey against the local currency, raising the uncertainty for the exchange rate and importers. On Tuesday, the dollar was traded as high as Rs166 in the interbank market but fell back to close at Rs164.89 with a gain of 81 paisas. Currency dealers said the pressure on the exchange […]
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ISLAMABAD: The supply of petroleum products has been seriously affected in many parts of the country as oil marketing companies and the authorities concerned failed to ensure mandatory stocks at designated depots. The major shortage was witnessed in the supply of motor gasoline, commonly known as petrol, in many cities and towns as smaller stocks […]
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ISLAMABAD: The Federal Board of Revenue has raised duty drawback rates on exports of finished leather and plastic goods including packing material. The revised rates, worked out by Input-Output Coefficient Organisation (IOCO) of the Customs, were issued through two different notifications SRO460 and SRO461 and the new one will be available to exporters from May […]
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ISLAMABAD: The government has called a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday to consider hedging of oil prices and about Rs120 billion worth of funds to finance improvement of western border management and low bill recoveries in the power sector. To be presided over by Finance Adviser Dr Abdul […]
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ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday directed a committee to submit a status report on the progress in scrutiny of the PTI’s foreign funding within a week. The scrutiny committee was formed in March 2018 to audit the Pakistan Tehreek-i-Insaf’s foreign fund accounts. The directives were issued by the ECP during the […]
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People on Twitter, including politicians, on Wednesday demanded justice for an eight-year-old girl who succumbed to injuries inflicted by her employers — who allegedly tortured her for accidentally setting their parrots free. Zahra, who was a domestic worker at a household in Rawalpindi, was brought to the Begum Akhtar Rukhsana Memorial Hospital on Sunday in an injured […]
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The Digital Rights Foundation has reported a 189 per cent increase in complaints registered with their Cyber Harassment Helpline during Pakistan’s countrywide lockdown, enforced to curb the spread of the novel coronavirus. “As Pakistan entered its lockdown [in March] in response to the Covid-19 outbreak, we feared there would be an increase in cyber harassment […]
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A Lahore High Court division bench granted pre-arrest bail till June 17 to Leader of the Opposition in the National Assembly Shehbaz Sharif on Wednesday, a day after a team of the National Accountability Bureau (NAB) raided his Model Town residence to arrest him in cases related to money laundering and assets beyond known sources […]
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Two members of the provincial assembly (MPAs), one from Punjab and the other from Khyber Pakhtunkhwa, passed away from Covid-19 on Wednesday, a day after Sindh minister Ghulam Murtaza Baloch died from the disease. In KP, ruling Pakistan Tehreek-i-Insaf’s (PTI) Mian Jamshedud Din Kakakhel died in the morning at Islamabad’s Kalsoom Hospital. He was on […]
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