The government has decided to deduct, at source, Rs 10.8 billion (90 percent) tariff subsidy out of total amount allocated for Karachi Electric Supply Company (KESC) consumers in an effort to clear the outstanding dues of Pakistan Electric Power Company (
The Federal Board of Revenue has levied a fee of Rs 300 for sealing and de-sealing of container under Pakistan Customs Container Security System (PCCSS) to ensure safe transhipment. According to an SRO 340(I)/2009 issued here on Saturday, the fee of Rs 30
The Federal Board of Revenue (FBR) has directed the Director-General, Large Taxpayer Unit (LTU), Karachi, to recover the unpaid amount of over Rs 1 billion federal excise duty (FED) on domestic and international air travel from Pakistan International Airl
The Federal Board of Revenue (FBR) has directed the Director-General, Large Taxpayer Unit (LTU), Karachi, to recover the unpaid amount of over Rs 1 billion federal excise duty (FED) on domestic and international air travel from Pakistan International Airl
The Federal Board of Revenue (FBR) has directed the Director-General, Large Taxpayer Unit (LTU), Karachi, to recover the unpaid amount of over Rs 1 billion federal excise duty (FED) on domestic and international air travel from Pakistan International Airl
The Federal Board of Revenue has levied a fee of Rs 300 for sealing and de-sealing of container under Pakistan Customs Container Security System (PCCSS) to ensure safe transhipment. According to an SRO 340(I)/2009 issued here on Saturday, the fee of Rs 30
The Federal Board of Revenue has levied a fee of Rs 300 for sealing and de-sealing of container under Pakistan Customs Container Security System (PCCSS) to ensure safe transhipment. According to an SRO 340(I)/2009 issued here on Saturday, the fee of Rs 30
The Federal Board of Revenue has levied a fee of Rs 300 for sealing and de-sealing of container under Pakistan Customs Container Security System (PCCSS) to ensure safe transhipment. According to an SRO 340(I)/2009 issued here on Saturday, the fee of Rs 30
State Bank of Pakistan (SBP) Governor Salim Raza said here on Saturday that the developing countries would have to stimulate their domestic economies, increase their capacity to consume surplus production in the wake of shrinking exports and achieving sus
State Bank of Pakistan (SBP) Governor Salim Raza said here on Saturday that the developing countries would have to stimulate their domestic economies, increase their capacity to consume surplus production in the wake of shrinking exports and achieving sus
State Bank of Pakistan (SBP) Governor Salim Raza said here on Saturday that the developing countries would have to stimulate their domestic economies, increase their capacity to consume surplus production in the wake of shrinking exports and achieving sus
President Asif Ali Zardari on Saturday appealed for help in combating terrorism in the region. Speaking at the opening ceremony of the Boao Forum, which focuses on the global financial crisis, President Zardari pointed to terrorism in Asia as another pres
Pakistan will need more aid from world donors as it battles militants and tries to repair its economy, said US special envoy Richard Holbrooke on Saturday. Holbrooke also reiterated US concern about President Asif Ali Zardari's decision, under "pressure f
Pakistan will need more aid from world donors as it battles militants and tries to repair its economy, said US special envoy Richard Holbrooke on Saturday. Holbrooke also reiterated US concern about President Asif Ali Zardari's decision, under "pressure f
Bullish trend persisted on the currency market on Saturday as the rupee looked ahead due to expectations of high inflows, dealers said. On the interbank market the rupee jumped and gained 10 paisa in a single day rally against the dollar for buying and se
Economic Co-ordination Committee (ECC) of the Cabinet has slapped a ban on ex-post facto approval of investment to be made by the Pakistani companies abroad in future, official sources told Business Recorder on Saturday. The decision has been taken
Bullish trend persisted on the currency market on Saturday as the rupee looked ahead due to expectations of high inflows, dealers said. On the interbank market the rupee jumped and gained 10 paisa in a single day rally against the dollar for buying and se
Economic Co-ordination Committee (ECC) of the Cabinet has slapped a ban on ex-post facto approval of investment to be made by the Pakistani companies abroad in future, official sources told Business Recorder on Saturday. The decision has been taken
President Asif Ali Zardari on Saturday appealed for help in combating terrorism in the region. Speaking at the opening ceremony of the Boao Forum, which focuses on the global financial crisis, President Zardari pointed to terrorism in Asia as another pres
First Vice-President of Iran Parviz Davoodi called on President Asif Ali Zardari here on the sidelines of the Boao Forum for Asia on Saturday and discussed bilateral ties, regional situation and progress on the Iran-Pakistan-India gas pipeline project.
First Vice-President of Iran Parviz Davoodi called on President Asif Ali Zardari here on the sidelines of the Boao Forum for Asia on Saturday and discussed bilateral ties, regional situation and progress on the Iran-Pakistan-India gas pipeline project.
First Vice-President of Iran Parviz Davoodi called on President Asif Ali Zardari here on the sidelines of the Boao Forum for Asia on Saturday and discussed bilateral ties, regional situation and progress on the Iran-Pakistan-India gas pipeline project.
Economic Co-ordination Committee (ECC) of the Cabinet has slapped a ban on ex-post facto approval of investment to be made by the Pakistani companies abroad in future, official sources told Business Recorder on Saturday. The decision has been taken
General Motors Corp Chief Executive Fritz Henderson said on Friday the automaker could still restructure out of court, but warned it was more probable GM may need to seek bankruptcy protection to complete that process. Henderson said the automaker faced n
An Iranian revolutionary court has sentenced US-Iranian journalist Roxana Saberi to eight years in jail on charges of spying for the United States, her lawyer said on Saturday. The verdict - the harshest sentence ever meted out to a dual national on secur
The axles and gearbox come from a World War II tank, the engine is from the 1920s and the chassis was welded together by the farmer himself - this is the world of homemade East German tractors. In rural parts of the now-defunct communist German Democratic
US Middle East envoy George Mitchell said on Friday that an Arab peace initiative should be part of a planned US drive to create a Palestinian state. In three separate violent incidents in the West Bank on Friday, Israelis killed three Palestinian men, th
A 28-year-old woman once ranked as one of China's 100 richest people faces the death penalty for allegedly running the country's largest Ponzi scam, state media reported Friday. Wu Ying pleaded not guilty in a court in east China's Zhejiang province where
Israel's military is preparing so it could launch major aerial attacks on Iranian nuclear sites if ordered to by the new government, a British newspaper said on Saturday, quoting Israeli defence and intelligence sources. "Israel wants to know that if its
The Department of Excise and Taxation, NWFP collected Rs 900 million during three quarters of the current financial year securing 60 percent recovery of the set target of Rs 2 billion. This was told during a meeting on Saturday with the NWFP Minister for
An Iranian revolutionary court has sentenced US-Iranian journalist Roxana Saberi to eight years in jail on charges of spying for the United States, her lawyer said on Saturday. The verdict - the harshest sentence ever meted out to a dual national on secur
Israel's military is preparing so it could launch major aerial attacks on Iranian nuclear sites if ordered to by the new government, a British newspaper said on Saturday, quoting Israeli defence and intelligence sources. "Israel wants to know that if its
With a view to ensuring consistency in the government policies to promote international trade, the upcoming trade policy would be of three years. Commerce Minister Makhdoom Amin Fahim disclosed this while talking to media after addressing the business com
With a view to ensuring consistency in the government policies to promote international trade, the upcoming trade policy would be of three years. Commerce Minister Makhdoom Amin Fahim disclosed this while talking to media after addressing the business com
Pakistan and Uzbekistan have signed a protocol to cooperate in water, power, agriculture, leather, textile, tourism and pharmaceutical sectors and to enhance bilateral trade between the two countries. The agreement was signed on Saturday in Tashkent after
Pakistan and Finland on Saturday discussed ways to boost economic and trade ties between the two countries besides exploring new avenues for co-operation. Prime Minister of Finland, Matti Vanhanen, who called on President Asif Ali Zardari here on the side
The US Federal Bureau of Investigation played a key part in establishing the case against the suspected Pakistani gunman on trial in India for last year's Mumbai attacks, a court was told on Saturday. "FBI investigators have played a vital role in disclos
The US Federal Bureau of Investigation played a key part in establishing the case against the suspected Pakistani gunman on trial in India for last year's Mumbai attacks, a court was told on Saturday. "FBI investigators have played a vital role in disclos
In India Rashtriya Janata Dal (RJD) Chief Lalu Prasad on Saturday stunned everyone by saying that the Congress was as much responsible as the Bharatiya Janata Party (BJP) for the demolition of the Babri mosque in 1992. After blaming the BJP and its senior
Somalia's parliament unanimously approved Saturday a government proposal to introduce Sharia law in the country, parliamentary deputy speaker Osman Elmi Bogore told AFP. "There were 340 members at the session and they voted unanimously for the implementat
Somalia's parliament unanimously approved Saturday a government proposal to introduce Sharia law in the country, parliamentary deputy speaker Osman Elmi Bogore told AFP. "There were 340 members at the session and they voted unanimously for the implementat
All preparations have been completed to launch first phase of 6th national census covering 'House Listing Operation' from April 27 that will continue till May 11. However, the second phase of the census covering 'Population & Housing Census' will be launc
All preparations have been completed to launch first phase of 6th national census covering 'House Listing Operation' from April 27 that will continue till May 11. However, the second phase of the census covering 'Population & Housing Census' will be launc
With a view to ensuring consistency in the government policies to promote international trade, the upcoming trade policy would be of three years. Commerce Minister Makhdoom Amin Fahim disclosed this while talking to media after addressing the business com
Chief Justice Iftikhar Muhammad Chaudhry on Saturday declared 2009 as 'Year of Justice' with a strong resolve to eradicate corruption from the courts for fair and quick dispensation of justice to the masses. The CJ expressed these views while addressing f
Provincial Co-ordinator of Benazir Bhutto Shaheed Youth Development Programme (BBSYDP) Abdul Razaq Qureshi has said that the government has launched BBSYDP to alleviate poverty by controlling unemployment through skill development of educated youth and pr
'Developing countries have nothing to do with current economic downturn, as it is a creation of the United States and developing world is suffering without any fault of their own.' The Ambassador, Republic of Cuba, Gustavo Machín Gómez said on Saturday. H
China will set up a $10 billion China-Asean investment co-operation fund to support infrastructure projects in the region, Chinese Premier Wen Jiabao said on Saturday. Wen was speaking at the Boao Forum for Asia. China''s foreign minister said last Saturd
China will set up a $10 billion China-Asean investment co-operation fund to support infrastructure projects in the region, Chinese Premier Wen Jiabao said on Saturday. Wen was speaking at the Boao Forum for Asia. China's foreign minister said last Saturda
China will set up a $10 billion China-Asean investment co-operation fund to support infrastructure projects in the region, Chinese Premier Wen Jiabao said on Saturday. Wen was speaking at the Boao Forum for Asia. China's foreign minister said last Saturda
In India Rashtriya Janata Dal (RJD) Chief Lalu Prasad on Saturday stunned everyone by saying that the Congress was as much responsible as the Bharatiya Janata Party (BJP) for the demolition of the Babri mosque in 1992. After blaming the BJP and its senior
President Asif Ali Zardari on Saturday strongly condemned the killing of security personnel in a suicide attack at a check-post in Hangu. The President, who is currently in China to attend the Boao Forum, condemned the attack and vowed to root out terrori
Although, there is an apparent democratic government of PPP in Sindh province and in the Centre at large, the vicious practice of bribe on demand by the high officials of Sindh Education Department for attestation of academic certificates of the aspirant