Economy

FBR Introduces Measures to Make Duty Drawback Foolproof

The Federal Board of Revenue (FBR) has introduced a mandatory requirement of six documents for the claim of duty drawbacks on local supplies, free of duty imports, and taxes to avoid any misuse of the facility.The FBR issued an amendment draft in Custo…

Economy

Finance Minister Vows to Dismiss SBP Governor If He Goes Against Govt

The Federal Minister for Finance and Revenue, Shaukat Tarin, has said that he will dismiss the Governor State Bank of Pakistan if he did not support the government in economic matters after the approval of the SBP Amendment Bill.The Minister of Finance…

Economy

Askari Bank’s Subsidiary to Merge With Foundation Securities

Askari Securities Limited, a subsidiary of Askari Bank Limited, will get merged with Foundation Securities Limited, a subsidiary of Fauji Foundation.According to stock filing, the Board of Directors of Askari Bank Limited, Askari Securities Limited, an…

Medical

Over 100 mln people received at least 1 dose of anti-Covid vaccine: Asad

Minister for Planning and Development Asad Umar has said over one hundred million people have received at least one dose of Anti-Covid vaccine.In a tweet on Tuesday, he said nearly seventy five million are fully vaccinated.Describing it as another majo…