The Additional Auditor General of Pakistan Asif Usman Khan has said that presently the demand for accountability, transparency in government transactions and optimal performance has re-emphasised the performance auditing techniques to achieve the desired
The government of Azad Jammu and Kashmir (AJK) and the autonomous Assembly of Gilgit-Baltistan would also have to adopt the proposed Federal Value Added Tax (VAT) Act 2010 to make the business units/retailers in these regions operate under the VAT regime
President Asif Ali Zardari has announced a grant of 20 million rupees for the office building of Sindh Bar Council besides setting up of "Benazir Housing Colonies" for lawyers in all districts of Sindh on state lands and soft loans from HBFC. The Presiden
Lahore High Court Chief Justice Khawaja Muhammad Sharif on Friday reconstituted a five-member full bench to hear two constitutional petitions challenging holding of office of President of Pakistan and co-chairman of Pakistan People's Party by Asif Ali Zar
The Competition Commission of Pakistan (CCP) will hold an open hearing on "Wheat Shortages and Subsequent Increase in its Prices," here on March 15. The Commission sources told APP here Friday the CCP intended to hear views of the general public and all s
Chief Justice of Lahore High Court (LHC) Khawaja Muhammad Sharif gave more time to police to arrest the remaining culprits for murder of a lawyer Muhammad Nasir, his brother and a cousin of Ludhar Pind, Lahore. On Friday, SP Cantt (investigation) appeared
The Lahore High Court (LHC) here on Friday issued bailable arrest warrants of President, General Manager and Branch Manager of United Bank Limited (UBL) on a contempt application. The court issued the warrants on a contempt application moved by Rehana Jab
The government has decided to revive 'Price Control Committees' at District and Tehsil levels, with immediate effect, after observing that its directives are not being implemented in letter and spirit, official sources told Business Recorder.
Opposition lawmakers in the National Assembly on Friday flayed the government for the worst law and order situation, as what it said the people were being easily targeted by terrorists and govt was not ensuring public safety. They were commenting on an ad
Nato needs to develop an anti-missile defence system with future nuclear and missile threats not always likely to come from only governments or even "rational actors", the alliance chief said Friday. "We must develop an effective missile defence," Nato Se
More than 10,000 people who worked in the toxic chaos of New York's Ground Zero after 9/11 could receive compensation totalling 657 million dollars for health problems under a deal reached Thursday. Thousands of plaintiffs, mostly fire-fighters, police an
Swiss bank UBS is pressing Swiss lawmakers to endorse a deal settling tax evasion litigation with the United States, warning that 20 other Swiss banks could be targeted if it fell through. In a document seen by AFP on Friday, UBS told parliament that acce
The provision of online facility to the accounts offices in North, South Waziristan and Kurram agencies is subject to the security clearance as the facility is already operating in Khyber, Mohmand, Aurakzai and Bajaur agencies, Accountant General NWFP Ahm
The city, fearing a backlash, remained in a constant grip of fear on Friday as fresh spree of what the police believe "target killings" of the religious scholars has hit the metropolis. Further, the politico-religious parties in the city have announced to
The city, fearing a backlash, remained in a constant grip of fear on Friday as fresh spree of what the police believe "target killings" of the religious scholars has hit the metropolis. Further, the politico-religious parties in the city have announced to
Karachi Port Trust (KPT) would provide provisional parking lots to Oil Tankers in Port area whereas a permanent parking for tankers have already been allotted in Zulfiqarabad. In an interview with a private news channel, Federal Minister for Ports and Shi
Different circles of the Federal Investigation Agency (FIA) have removed the official sign boards from their main gates due to, what sources said, threats of terror attacks by militant groups. During a brief visit of the various investigation circles, off
US banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing. The Fed reported that daily borrowing from its emergency loan program av
Fertiliser maker CF Industries Holdings Inc on Friday agreed to buy rival Terra Industries Inc for more than $4.6 billion in cash and stock after Norwegian rival Yara International ASA decided not to raise its offer for Terra. The deal ends a wild, length
Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an increase of 59.82 points, as the Index moved from 2,419.27 to 2,
Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an increase of 59.82 points, as the Index moved from 2,419.27 to 2,
Oil sector led the equities upward amid bullish sentiments on the Lahore Stock Exchange (LSE) on Friday on account of the investors' interest who stayed on buying course throughout the day. The LSE-25 index jumped to 3189.12 against 3108.62 of Thursday, s
Oil sector led the equities upward amid bullish sentiments on the Lahore Stock Exchange (LSE) on Friday on account of the investors' interest who stayed on buying course throughout the day. The LSE-25 index jumped to 3189.12 against 3108.62 of Thursday, s
The Ministry of Petroleum and Natural Resources has placed on ice the joint proposal of the Vitol/Fauji Foundation for annual LNG supply of 3.5 million tons contract under ''LNG Mashal Project'' despite an offer of the lowest price, saying that they had s
The Ministry of Petroleum and Natural Resources has placed on ice the joint proposal of the Vitol/Fauji Foundation for annual LNG supply of 3.5 million tons contract under 'LNG Mashal Project' despite an offer of the lowest price, saying that they had sub
The Ministry of Petroleum and Natural Resources has placed on ice the joint proposal of the Vitol/Fauji Foundation for annual LNG supply of 3.5 million tons contract under 'LNG Mashal Project' despite an offer of the lowest price, saying that they had sub
The Supreme Court on Friday directed National Accountability Bureau (NAB) to get custody and protect record and evidence of Swiss case, which the court feared may have been 'tampered with'. The court referred to some media reports detailing efforts to tam
The Supreme Court on Friday directed National Accountability Bureau (NAB) to get custody and protect record and evidence of Swiss case, which the court feared may have been 'tampered with'. The court referred to some media reports detailing efforts to tam
On Friday, the BRIndex 30 opened at 8,658.34 points and remained in positive for most of the market time with a slight drop in the second session touching the intraday low of 8,617.05 points. It recovered soon afterwards and touched intra-day high of 8,78
On Friday, the BRIndex 30 opened at 8,658.34 points and remained in positive for most of the market time with a slight drop in the second session touching the intraday low of 8,617.05 points. It recovered soon afterwards and touched intra-day high of 8,78
Bullish trend continued at the share market on Friday and the KSE-100 index closed above 10,000 points level after 17 months, mainly on the back of strong foreign investors'' interest. After opening on a positive note, the index hit 10,039.76 points intra
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Bullish trend continued at the share market on Friday and the KSE-100 index closed above 10,000 points level after 17 months, mainly on the back of strong foreign investors' interest. After opening on a positive note, the index hit 10,039.76 points intra-
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Bullish trend continued at the share market on Friday and the KSE-100 index closed above 10,000 points level after 17 months, mainly on the back of strong foreign investors' interest. After opening on a positive note, the index hit 10,039.76 points intra-
Pakistan customs have raised the import trade price (ITP) of three steel products by 60 percent, or $241 per ton, on the back of rising steel prices in the world market, sources said. The ITP/values are determined under section 25A of Customs Act, 1969, f
Pakistan customs have raised the import trade price (ITP) of three steel products by 60 percent, or $241 per ton, on the back of rising steel prices in the world market, sources said. The ITP/values are determined under section 25A of Customs Act, 1969, f
Pakistan customs have raised the import trade price (ITP) of three steel products by 60 percent, or $241 per ton, on the back of rising steel prices in the world market, sources said. The ITP/values are determined under section 25A of Customs Act, 1969, f
Parliamentary Committee on Constitutional Reforms on Friday proposed that the provincial governments should be allowed to set up and regulate stock exchanges within their jurisdictions, reliable sources told Business Recorder. Members of the commit
Today's lesson is one which caters to both - good play and good defence. Bridge is not only an exercise in logical thinking and good judgement, it is in the ultimate analysis a Battle of wits between you and your opponents. More often than not, the human
Parliamentary Committee on Constitutional Reforms on Friday proposed that the provincial governments should be allowed to set up and regulate stock exchanges within their jurisdictions, reliable sources told Business Recorder. Members of the commit
Arguably, the biggest purge of Pakistan cricket in years. The disastrous tour of Australia has brought with it severe punishment to senior players, including former captains Younis Khan, Muhammad Yousuf and Shoaib Malik.
Parliamentary Committee on Constitutional Reforms on Friday proposed that the provincial governments should be allowed to set up and regulate stock exchanges within their jurisdictions, reliable sources told Business Recorder. Members of the commit
What are the whispers and the rumours and the stories doing the rounds in Islamabad as the month of March moves on? What is all that talk of political stability and the large scale changes that are impending? What is in the heart and mind of President Asi
Prime Minister Yousaf Raza Gilani has directed all Ministries/Divisions to send larger panels of experts, independent and knowledgeable persons, for recasting independent boards of directors (BoDs) for the public sector enterprises (PSEs) which have turne
It's easy to feel left out of the Twitter revolution. After all, you've probably heard Twitter mentioned regularly along with breaking news, celebrity gossip, and even sports shows. And you've likely also visited Twitter in an attempt to see what all the
Prime Minister Yousaf Raza Gilani has directed all Ministries/Divisions to send larger panels of experts, independent and knowledgeable persons, for recasting independent boards of directors (BoDs) for the public sector enterprises (PSEs) which have turne
The success of any education system largely depends on the success of its teachers, especially primary school teachers (PSTs). They bring and ensure change, modernisation, reformation, and intellectual development in a given society by transmitting knowle
Prime Minister Yousaf Raza Gilani has directed all Ministries/Divisions to send larger panels of experts, independent and knowledgeable persons, for recasting independent boards of directors (BoDs) for the public sector enterprises (PSEs) which have turne
It is very rare that commercial publishers of fiction, short-stories, poetry, autobiographies, travelogues and other non-fiction books publish an anthology of such a dreary subject as peace and challenges of globalization in the developing countries.
President Asif Ali Zardari on Friday appointed seven additional judges in the Peshawar High Court, for a period of one year, with effect from the date they make the oath of their offices. Following are the names of newly appointed additional judges of PHC
The international women's day celebrated its 100 year anniversary on 8th March 2010. The day was first proposed in 1910 by a group of ladies from 17 countries to raise voice against gender discriminations. In America, the whole of March is designated 'Wom
President Asif Ali Zardari on Friday appointed seven additional judges in the Peshawar High Court, for a period of one year, with effect from the date they make the oath of their offices. Following are the names of newly appointed additional judges of PHC
A collection of visually stunning and harmoniously conceived compositions of floral art works titled, 'Floral Symphony', by Soraya Sikander's was displayed at Unicorn Gallery recently. Through her paintings, she captured the magnificence of the floral kin
The Federal Board of Revenue (FBR) will brief the World Bank (WB) review mission on the proposed provisions of the Finance Act 2010 to harmonise income tax and sales tax penalties and introduction of Revenue Administration Act for smooth administrative fu
Bedevilled by increasing hostility from India and (what can only be called) lackadaisical relations with Afghanistan, our perceptions about good neighbourliness are clouded so badly that we choose to think all beyond our borders as unworthy of a decent in
The Federal Board of Revenue (FBR) will brief the World Bank (WB) review mission on the proposed provisions of the Finance Act 2010 to harmonise income tax and sales tax penalties and introduction of Revenue Administration Act for smooth administrative fu
In the first attack of the year in Lahore on Monday, terrorists rammed an explosives laden vehicle into a building housing the office of the Special Investigating Unit (SIU) in the posh Model Town locality. Initial reports tell of 12 persons killed, inclu
The Federal Board of Revenue (FBR) will brief the World Bank (WB) review mission on the proposed provisions of the Finance Act 2010 to harmonise income tax and sales tax penalties and introduction of Revenue Administration Act for smooth administrative fu
March 10 was Women's Day. From Nawabshah came news that the people running the Shaheed Benazirabad Women Centre would have to close down because the staff salaries had not been paid for three months; the landlord issued notice to vacate the building; the
Pakistan Navy Fleet on Friday tested its fire power in the North Arabian Sea to assess the lethality, precision and efficacy of its weapon systems. This was announced in an ISPR (Navy) press release issued here on Friday. It said Admiral Noman Bashir, Chi
Although the police battering are not an uncommon arcane in Pakistan, yet the shocking telecast of flout police torture of some hapless accused, in the presence of flabbergasted on-lookers, in a remote Punjab locality by the acerbic media, has unnerved th
Pakistan Navy Fleet on Friday tested its fire power in the North Arabian Sea to assess the lethality, precision and efficacy of its weapon systems. This was announced in an ISPR (Navy) press release issued here on Friday. It said Admiral Noman Bashir, Chi