NAWAIWAQT GROUP
Business

ISLAMABAD - The Federal Board of Revenue (FBR) has given exemption to the foreign diplomats/ missions in Pakistan from the advance income tax on the purchase of air tickets, as it is applicable on Pakistanis in the budget 2014-15.“Yes, the foreign diplomats and diplomatic missions are exempted from the advance income tax on the purchase of international air-tickets, as there tax assessment was not conducted in Pakistan”, said Acting ...

ISLAMABAD : Despite the suggested increase in petroleum prices by Oil and Gas Regulatory Authority (OGRA), government is likely to prevail the present prices. According to sources, Ogra recommended for a Rs1.34 hike in the per litre price of petrol and Rs0.34 in the price of diesel. According to sources increase in prices of HOBC has been proposed by Rs0.95 per litre and kerosene oil by Rs0.34, and in the price of light diesel, increase of ...

LAHORE  - A high-level delegation of a Chinese international company in energy sector, led by its President Guo Yu, met Punjab Chief Minister Muhammad Shahbaz Sharif here on Friday and discussed matters regarding energy projects especially coal power plants. Talking to the delegation, the Chief Minister said that Pakistan is facing energy crisis and measures are being taken expeditiously for overcoming this problem. He said that work has ...

LAHORE - The Lahore Chamber of Commerce and Industry Standing ...

karachi - The President and CEO of Tameer Microfinance Bank Ltd, ...

NEW DELHI/GENEVA  - India threatened on Friday to block a ...

karachi - Dollar took strength against rupee in cash-free market on ...

ISLAMABAD - The Enforcement Department of the Securities and Exchange ...

LAHORE  - Justice Ayesha Malik of Lahore High Court, Lahore ...

LONDON - Britain’s economy grew strongly in the second quarter, overtaking the size it achieved before the global financial crisis, data showed on Friday in the latest sign of robust ...

LAHORE: The government should place the important issue of proposed privatization plan of national public utility of electricity before the Parliament for holding open debate and increase hydel power ...

Warid, Bank Alfalah  launch ‘Mobile Paisa’LAHORE (Staff Reporter): Warid Telecom and Bank Alfalah Limited have announced the launch of their marketing campaign for Branchless Banking ...

ISLAMABAD - The PML-N government has failed to produce desired results from its drive of broadening tax base of the country by bringing wealthy non-taxpayers into the tax net, as only 14 percent of ...

ISLAMABAD - The Ministry of Information Technology (MoIT) has clarified that formulation of telecom sector policies is the exclusive domain of the Ministry of Information Technology being defined as ...

KARACHI  - Pakistan Steel Mills faces huge loses due to negligence of K-Electric and would not achieve the target of 20 percent production for the month of July, said Zaheer Ahmad Khan Chief ...

ISLAMABAD - The Sensitive Price Indicator (SPI) for the week ended on July 24 for the lowest income group up to Rs. 8,000 registered increase of 0.19 percent as compared to the previous week.The SPI ...

SECP’s directive to investment banks for use of word ‘bank’ISLAMABAD (Staff Reporter): Securities and Exchange Commission of Pakistan (SECP) has directed all investment banks to use ...

Compassion for IDPs must not wane: Dr ZeelafLAHORE (PR): The calamity being faced by the IDPs of North Waziristan will only grow more intense in the coming days, as more and more of them have to ...

LAHORE - The country’s automotive industry and auto parts manufacturers are suffering heavily from the aftershocks of inconsistent import policies, rampant import of used cars and frequent ...

ISLAMABAD - Sui Northern Gas Pipelines Limited (SNGPL) has issued new schedule for CNG supply for next week, according to which CNG stations would be opened from Monday to Saturday during Eid ...

ISLAMABAD - Members of the Senate Standing Committee on Planning Thursday objected to the step motherly treatment with provinces as par to Punjab and also has claimed that the government projects are ...

LAHOREMore than 80 per cent of meat, being sold in provincial capital, is of diseased or dead animals which are being slaughtered illegally at Cantonment or several other unidentified illegal ...

ISLAMABADThe Federal Board of Revenue (FBR) on Thursday issued notification of registration of retailers on two-tier system basis in a bid to bring the top retailers into the tax net, as announced in ...

lahoreChairman Pakistan Poultry Association (NZ) Raza Mehmood Khursand has stated that Pakistan Poultry Association is providing subsidy on poultry products in Sasta Ramazan Bazaars directly to the ...

islamabadFederal Minister for National Food Security and Research (NFSR) Sikandar Hayat Khan Bosan on Thursday said that top priority of the government was to promote the agriculture research and ...

KARACHIStocks closed flat amid higher trades ahead of Ramazan holidays this weekend. Sentiments remained positive on major earnings due after Eid. At KSE benchmark 100-share index added 9.32 points ...

Oil prices slip awaiting Russia sanctionsLONDON (AFP): Oil prices turned lower on Thursday as the market took their leads from geopolitical tensions affecting key crude producing regions Russia and ...

KARACHI - Dollar took strength against rupee in open market on Thursday, it was traded at highest rate of Rs 99. According to the data provided by the Forex Association of Pakistan, dollar traded at ...

ISLAMABAD - Textile exports surged to $13.74 billion during previous financial year 2013-2014 mainly because of the GSP Plus status granted to Pakistan by the European Union (EU).The country exported ...

ISLAMABAD -  Finance Minister Senator Ishaq Dar has taken all the necessary actions to allow duty and taxes free import of potatoes to reduce its price in the country.“The finance minister ...

lahore - A memorandum of understanding was signed between Punjab government and a prominent Chinese company Zonergy here on Wednesday under which he Chinese company will set up a 900mw solar project ...

lahore - Wapda delivered 31.084 billion units of hydel electricity to the National Grid during the fiscal year 2013-14 as compared to 29.560 billion units in 2012-13, registering an increase of 1.524 ...

karachi - Stocks closed higher in the earnings announcements session at KSE led by oil and fertilizer sector stocks on strong earnings outlook.At local equity market benchmark KSE-100 share index ...

NAWAIWAQT GROUP