April 19, 2024

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Pakistan Revenue

Day: April 8, 2020

Prolonged industry closure to be harmful: FPCCI
Apr 8
Trade & Industry

Prolonged industry closure to be harmful: FPCCI

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex trade body of the country, urged the authorities to evolve strategy of functioning business activities during lockdown to prevent spread of coronavirus. FPCCI President Mian Anjum Nisar, while criticizing arrest of businessmen urged the relevant authorities to take serious notice of the situation. […]

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Karachi Chamber flays detaining industrialists
Apr 8
Trade & Industry

Karachi Chamber flays detaining industrialists

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has criticized arrest of industrialists especially textile mills owners for engagement in production activities during lockdown. Agha Shahab, President, KCCI, expressed concerns over the arrest/ detention of owner a textile mill, stated that it was not a wise move to arrest anyone or raid industries but any […]

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Rupee recovers 14 paisas against dollar
Apr 8
Money & Banking

Rupee recovers 14 paisas against dollar

KARACHI: The Pak Rupee recovered 14 paisas against dollar on Wednesday after witnessing significant decline a day earlier. The rupee closed at Rs167.76 to the dollar from previous day’s closing of Rs167.90 in interbank foreign exchange market. The local unit fell significantly a day earlier and lost 91 paisas against the greenback. Currency experts said […]

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Bank timings during lockdown
Apr 8
Money & Banking

Bank timings during lockdown

KARACHI: State Bank of Pakistan (SBP) on Tuesday extended the office timings of the central bank and commercial banks during the lockdown period. Many parts of the country are facing lockdown in order to contain the spread of coronavirus (COVID-19). The SBP issued a notification dated March 26, 2020 and directed to observe office timings: […]

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