FBR introduces new payment creation system By: APP on November 14, 2024Federal Board of Revenue (FBR) on Wednesday introduced the New Payment Creation System, namely ePayment 2.0, available within the IRIS 2.0 portal, an advanced platform designed to simplify tax payment processes for taxpayers across Pakistan. In line with the vision of the government to modernize Pakistan’s tax infrastructure, FBR is reinforcing its commitment to advancing […]
PSX gains 130 points to close at 93,355 points By: APP on November 14, 2024The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 130.86 points, a positive change of 0.14 percent, closing at 93,355.43 points as compared to 93,224.56 points on the last trading day. A total of 807,067,924 shares were traded during the day as compared to 792,904,878 shares the previous […]
Rupee gains 7 paisa against dollar By: APP on November 14, 2024Pakistani rupee on Wednesday appreciated by 7 paisa against the US dollar in the interbank trading and closed at Rs 277.85 against the previous day’s closing of Rs 277.92. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.90 and […]
New Customs Chief gets briefed on Pak-Afghan Trade By: APP on November 14, 2024A delegation of businessmen from Khyber Pakhtunkhwa met with newly appointed Chief Collector Customs KP, Khawaja Khurram Naeem and apprised him about the problems causing hindrances in smooth sailing of Pak-Afghan trade. The businessmen delegation was led by President Frontier Customs Agents Association (FCAA), Zia-ul-Haq Sarhadi. Other members of the delegation were SVP FCAA, Khalid […]
Gold prices up by Rs.1,400 to Rs.271,900 per tola By: APP on November 14, 2024The price of 24 karat per tola gold increased by Rs.1,400 and was sold at Rs.271,900 on Wednesday against its sale at Rs. 270,500, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold also went up by Rs.1,200 to Rs.233,111 from Rs. 231,911 whereas that of 10 gram 22 […]
Rana Tanveer for exploiting olive potential to cut edible oil imports By: APP on November 14, 2024Minister for National Food and Security Rana Tanveer here on Wednesday stressed the need for exploit the potential of olive oil production and reduce dependence on edible oil imports. Speaking at Olive Summit 2024, the minister emphasized the country’s vast potential for olive sector, urging the need of processing, packaging, and marketing to attract customers. […]
Commerce Minister, World Bank advance agenda for export competitiveness By: APP on November 14, 2024Federal Minister for Commerce Jam Kamal Khan and World Bank team on Wednesday met to discuss Pakistan’s export reform agenda, focusing on strategies to enhance export competitiveness and streamline enabling policies. The discussion also addressed how the World Bank can support these initiatives under the broader country program,said a press release issued here. Jam Kamal […]
Motorbikes, three-wheelers sale increases 23.42% during Jul-Oct By: APP on November 14, 2024The sale of motorbikes and three-wheelers in the country has witnessed an increase of 23.42 per cent during the first four months of the current fiscal year (2024-25) as compared to sales of the corresponding months of the last year. During the months under review, as many as 457,880 motorbikes and three-wheelers were sold against […]
Governor Kundi assures support to establish cherat cement unit in DI Khan By: APP on November 14, 2024A delegation led by Azam Farooq, CEO of Cherat Cement Company, met with Governor Khyber Pakhtunkhwa Faisal Karim Kundi on Wednesday at Governor House to discuss the province’s industrial development and investment promotion. The delegation included Ali Farooq, Deputy GM Admin Fazal Din Khan, and Senior Manager Administration Zeeshan. The meeting focused on the potential […]
Draft of Pakistan Shipping Policy 2024 reviewed at workshop By: APP on November 14, 2024Ministry of Maritime Affairs organized a workshop on Wednesday in order to refurbish the draft of ‘Pakistan Shipping Policy 2024’ as per the directions of Federal Minister Qaiser Ahmed Shaikh. The aim of this workshop was to refine the draft before being presented in the cabinet. This policy will replace Pakistan Merchant Marine Policy 2001 […]