The annual turnover for category I SMEs has been proposed at Rs100 million while in category II, annual sales turnover will be between Rs100 million to Rs250million
At present, cash reserves are required to be maintained at an average of 5 percent of total of demand liabilities and time deposits with tenor of less than 1 year
Both the companies have not taken a final investment decisions (FIDs) so far due to the issue of pipeline capacity, which is under deliberation with the gas companies
The FIRs says that the importer, who is also the owner of the bonded warehouse, with the active connivance of his clearing agent, got the goods fraudulently and illegally removed from the bonded warehouse without customs clearance
The eleventh hour postponement of the joint session of Parliament to legislate electoral reforms, fearing lack of numerical numbers, was, analysts argue, a wake-up call for the PM
Departmental sources have maintained that the federal information minister has mixed up the name and the additional charge is being given to GM Manzoor Ahmed who was set to face disciplinary action by the former MD