MCC Preventive advised Sindh government to stop encroachments on Custom’s land at Maurypur

KARACHI: In a letter to Member Board of Revenue government of Sindh, MCC Preventive Karachi notified the Federal Government reserves the right to recover possession of its lands from unauthorized occupants under the provisions of Federal Government Lands and Buildings (Recovery of Possession) Ordinance, 1965. Last month, MCC Preventive was… Continue reading

FPCCI opposes new taxes in Budget 2021-22 under IMF deal

The Federation of Pakistan Chambers of Commerce and Industry on Saturday rejected the government’s plan of imposing additional taxes of over Rs700 billion in the upcoming federal budget 2021-22 under the International Monetary Fund’s deal. The FPCCI’s ruling Businessmen Panel Chairman Mian Anjum Nisar said that the government and the… Continue reading

MCC Preventive detains a vessel carrying Iran origin petroleum products

KARACHI: Customs Preventive Karachi has detained a vessel MT MORIOKA carrying Xylene and white spirit for mis-declaring the port of loading. Information was received through Collector Saquif Saeed to Additional Collector Umar Shafique that a consignment of Xylene and White Spirt was intended for Karachi Port which will be declared… Continue reading

Reon Announces the Completion of the 3.73 MW Solar Project with G&T Group

Karachi, Pakistan – Reon Energy Limited today announced the completion of its’ 3.73 MW captive Solar Power Project for G&T Group in Karachi, and Baluchistan. The Solar Photovoltaic Plant is the largest bi-facial PV rooftops in the country. The 3.73 MW Photovoltaic Project is expected to produce approximately 6,152 MWh… Continue reading

TPL Trakker to Power Mr. Mahir ‘s Handyman Marketplace

KARACHI: TPL Trakker, Pakistan’s leading IoT Company providing Tracking, Telematics, Mapping and Location Based Services and Solutions, has partnered with Mr. Mahir, an online marketplace allowing skilled and experienced local professionals, to connect with customers looking for maintenance and handyman services. Following the partnership, TPL Trakker’s Location Based Service (LBS)… Continue reading

Safety above all, always: Emirates operates first flight serviced by fully vaccinated frontline teams across all customer touchpoints

EK215 to Los Angeles supported by over 70 vaccinated frontline team members across the operational spectrum Close to 26,000 of Emirates Group’s frontline aviation workforce already vaccinated with two doses DUBAI/Karachi: Honouring its commitment to the health and safety of its employees and customers, Emirates today has become among the… Continue reading

Paradigm Shift is required in tax structure

Karachi (PR) Mian Nasser Hyatt Magoo, President Federation of Pakistan Chambers of Commerce and industry in a meeting held with Chairman FBR along with senior officials from Customs and IRS said that it is high time to have paradigm shift in the tax structure to induce investment, promote production and… Continue reading

E-tax payment facility to be expanded to all districts within one-and-a-half month: Dharejo Municipal Charges not new, being collected exactly as per law: DC Central

KARACHI: Deputy Commissioner Central Dr. M.B. Raja Dharejo has said that the e-tax payment facility, which was introduced in District Central as pilot project, has proved successful hence it will now be expanded to all districts of Karachi within the next one-and-a-half month. Speaking at a meeting during his visit… Continue reading

Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 20,058.6 million on 12-February-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by the State Bank of Pakistan     : US$ 12,889.7 million Net foreign reserves held by commercial banks       … Continue reading

Emirates SkyCargo to work with UNICEF for COVID-19 vaccine distribution

Dubai, UAE, Emirates SkyCargo has signed an agreement with UNICEF to prioritise the transport of COVID-19 vaccines, essential medicines, medical devices and other critical supplies to help fight the COVID-19 pandemic. The announcement is the latest in a series of measures undertaken by the freight division of Emirates to support global… Continue reading