The K-Electric refused the directives of Sindh Chief Minister Murad Ali Shah to waive off bills for citizens for the ongoing month and charge the dues as installments over the next 10 months as businesses and offices remain closed owing to the coronavirus lockdown. A spokesperson for the K-Electric said the due dates for bills under مزید پڑھیں
زمرہ: بزنس
Medical equipment to be exempted from taxes
The government has exempted import of 61 diagnostic support and personal protective equipment (PPEs) from all duties and taxes for a period of three months in order to reduce the rising prices in the domestic market. The government has also allowed the use of non-utilised amount of the World Bank-funded projects worth $40 million for مزید پڑھیں
Govt promises full payment of refunds before month-end
The government on Friday promised full payment of refunds to exporters within the current month following complaints that export industries were facing liquidity crunch due to non-payment of rebates and tax refunds. The decision was reached at a meeting presided over by Finance Adviser Dr Abdul Hafeez Shaikh with representatives of export sectors. It discussed مزید پڑھیں
Pakistan reopens border with Afghanistan to allow food and essential goods
Pakistan on Saturday reopened its border with Afghanistan to allow the crossing over of trucks carrying food and essential goods under the Afghan Transit Trade, customs officials informed on Saturday. The cross-border movement of trucks came a day after Prime Minister Imran Khan had announced the opening of the Chaman-Spinboldak border “to support our Afghan مزید پڑھیں
To Combat Coronavirus: FBR exempts health safety items from taxes
Federal Board of Revenue (FBR) has exempted all kinds of diagnostic support and health safety items from taxes, including Income Tax, Sales Tax and Customs Duty, for a period of three months, in order to combat the coronavirus pandemic in Pakistan. According to details, the FBR issued Statutory Regulatory Orders (SROs), related to Customs Duty, مزید پڑھیں
SBP asks banks to waive all charges on online fund transfer
The State Bank of Pakistan (SBP) has asked banks to waive all charges on online fund transfers. The central bank instructed banks to take specific measures to provide their services seamlessly taking care of reducing the risk exposure amid the coronavirus. The objective of these measures is to reduce the need for visiting bank branches مزید پڑھیں
Flour crisis likely in Karachi as wheat prices Increases
Following the consistent increase in the number of coronavirus cases in Sindh, the provincial capital Karachi is likely to face flour crisis as wheat prices went up after a halt in supplies from the open market. Karachiites flocked towards retail shops and wholesale markets to purchase and stock flour sacks inside homes amid fear of مزید پڑھیں
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