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Pakistan’s manpower exports to different countries have shown a downward trend in the past three years, mainly due to the prevailing situation of the Covid-19 pandemic which affected the work situation in different host countries and resulted in a stri...
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Feed SubscriptionKarachiites to Get Additional 650 Million Gallons of Water by October 2023
The federal government aims to start construction on the Greater Karachi Water Supply Project K-IV within 4 months.The project cost, which was initially Rs. 25 billion, is now said to have exceeded Rs. 100 billion. In this regard, a meeting to review t...
Read More »Saudi Arabia Deposits $3 Billion at State Bank of Pakistan
Saudi Arabia has officially deposited $3 billion in the State Bank of Pakistan (SBP) under its support package agreement which was signed between the two countries almost 2 months ago.Advisor to the Prime Minister on Finance and Revenue Shaukat Tarin c...
Read More »Federal Tax Ombudsman Orders FBR to Audit Steel Melters
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a special audit into cases of steel melters.A handout states that the FTO, exercising its own motion powers under section 9(1) of the Federal Tax Ombudsman Ordin...
Read More »IAP and CDC Sign MoU for Digital Aggregation of Insurance Products
Under the regulatory impetus of the Securities & Exchange Commission of Pakistan (SECP), the Insurance Association of Pakistan (IAP) and the Central Depository Company (CDC) have signed a Memorandum of Understanding (MoU) for the digita...
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