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Chairman Federal Board of Revenue, Asim Ahmad, met with President, Sarhad Chamber of Commerce and Industry, Mr. Sherbaz Bilour, here at FBR Headquarter. President, Sarhad Chamber of Commerce and Industry appreciated FBR’s initiatives for facilitating ease of doing business for the business community, particularly with specific reference to an automated environment for issuance of refunds directly into taxpayer’s account. ALSO READ All Major Chambers Of Commerce Ready to Help Increase Tax Revenue During the meeting, matters pertaining to monitoring of notices sent to industries and restaurants by FBR, speedy disposal and relief from cases pending at the Legal forums were…

Presidents of the country’s major chambers of commerce met Prime Minister Imran Khan in Islamabad. The meeting is part of a series initiated by the Ministry of Commerce to exchange ideas and raise awareness on government policies between the government and the business community. The meeting was attended by the President of Federation of Pakistan Chambers of Commerce and Industry as well as Presidents and Vice Presidents of Chambers of Commerce of Karachi, Lahore, Peshawar/KPK, Quetta, Gujranwala, Sialkot, Faisalabad, Gujarat, Multan, Sargodha, Gwadar, Islamabad, and Rawalpindi. Federal Ministers, Hamad Azhar, Makhdoom Khusro Bakhtiar, Advisor on Commerce and Investment, Abdul Razzaq…

Pakistan has categorically rejected India’s false, untenable, and self-serving propaganda about the recently concluded elections in the Azad Jammu and Kashmir. While responding to the comments made by the Spokesperson for the Indian Ministry of External Affairs (MEA) a day earlier, the Foreign Office of Pakistan issued a press release on Friday condemning the Indian MEA’s remarks, and the Indian Charge d’ Affaires was also summoned to record the protest against India’s “sham protest” and reiterate Pakistan’s clear and consistent position on the Jammu and Kashmir dispute. The press release read: “India cannot hide the fact that it is in…

Huawei has this habit of making everyone wait for big reveals, and this time around, the brand has done something quite similar with its highly-anticipated P50 lineup. While there’s no Pro+ model in the mix this time, Huawei has added a slew of flagship features to the new devices, making them stylistically unique and bold in every way. ALSO READ Huawei Announces Watch GT 2 Pro ECG And Band 6 Pro Design and Display For starters, the P50 comes with a 6.5-inch OLED and 90Hz refresh rate coupled with a resounding 300Hz touch sampling rate. The Pro model features a…

The World Bank’s Board of Executive Directors approved $100 million in financing to support Pakistan’s efforts to increase literacy and student retention rates in the Sindh province. The Sindh Early Learning Enhancement through Classroom Transformation (SELECT) project will help the provincial government enhance investments in basic education in disadvantaged and remote communities. ALSO READ CDC Group Agrees $50 Million Trade Finance Risk Sharing Facility with HBL Bank UK The project will focus on strengthening the reading and comprehension skills of primary-level students, which are foundational to early learning. The project will also institute an adaptive education system to better manage…

Delta variant of the Coronavirus, which first emerged in India last year, is as contagious as chickenpox and can cause more severe infection than all other known strains of the virus, the US Centers for Disease Control and Prevention (CDC) has revealed. According to details, the Delta variant is more likely to breach all sorts of protections given by existing COVID-19 vaccines and vaccinated individuals can carry as much virus in the nose and throat as unvaccinated individuals. ALSO READ Sindh’s Health Officials are Illegally Selling Pfizer’s COVID-19 Vaccine The Delta variant is more transmissible than the viruses that cause…

The Pakistani Rupee (PKR) resumed its losing streak against the US Dollar (USD) in the interbank currency market today. It deteriorated by 54 paisas over yesterday’s exchange rate, and closed at Rs. 162.43 to the USD today (30 July) as compared to Rs. 161.88 on Thursday (29 July). ALSO READ Rupee Barely Manages to Stop Loss Against the US Dollar On a weekly basis, the PKR lost 0.06 percent to the greenback; while on a monthly basis, this deterioration was steeper at 3.10 percent. Even on an annual comparison, the local unit lost 1.62 percent value to the USD, according…

The Oil Marketing Association Pakistan (OMAP), which is a representative body of the Oil Marketing Companies (OMCs), called on the government again on Friday to remove the anomaly in the levying of the turnover tax applicable to the oil marketing sector by linking it to the margins earned by the OMCs and reducing its rate to 0.25 percent. The Chief Executive Officer of OMAP, Dr. Ilyas Fazil, informed the Minister for Finance, Shaukat Tarin, in a letter that the “rate of turnover tax (currently at 0.75 percent) should be rationalized/aligned to remove all elements of discrimination and be reduced to 0.25…

Pfizer’s COVID-19 vaccine is reportedly being sold illegally by the Sindh Health Department staff, and the Karachi police recently arrested three health officials involved in the sale of the vaccine. One of the suspects, Zeeshan, revealed that a senior health department official had asked him to sell the vaccines door to door. ALSO READ Imran Khan is Seriously Impressed With Afghanistan Cricket Team [Video] The police said that the suspect had provided ‘home services’ to influential people and vaccinated them with the Pfizer doses while charging each individual between Rs. 7,500 and Rs. 15,000 for the jabs. The police have…

The government of Punjab on Friday made Quran education compulsory for the students of class I-XII in schools across the province. A notification to this effect was issued today, which stated that students of up to class V would get Naazrah Quran education, while the remaining classes will be taught Quran with translation. ALSO READ Sindh Imposes Complete Lockdown in Karachi The circular from the Punjab Curriculum and Textbook Board (PCTB) said that under the Punjab Compulsory Teaching of the Holy Quran Act, 2021, the teaching of the Holy Quran is compulsory for Muslim students in all public and private…