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Category: National

  • Sindh announces 15pc increase in salary, pension for 2019/2020

    Sindh announces 15pc increase in salary, pension for 2019/2020

    KARACHI: The Sindh government on Friday announced increase in salary and pension by 15 percent and also enhanced the minimum wage rate at Rs17,500 per month.

    Presenting provincial budget on the floor of the house, Sindh Chief Minister Syed Murad Ali Shah said that the output of government is directly related to the performance of every individual employee.

    “All the employees of Government of Sindh have my gratitude.”

    For next financial year 2019-2020 we are proposing an increase of 15 percent in pay as Adhoc Relief Allowance of all Government employees and pensioners.

    The government of Sindh has introduced Special Health Care Allowance and enhanced Health professional Allowance for BPS-17 to BPS-20 for doctors.

    The compensation package for Shaheed and Injured personnel of Police Department has been doubled from Rs.5 million to Rs.10 million. Accordingly Rs.2 billion have been proposed in the budget 2019-2020.

    The minimum wage rate has been kept at par with the Federal Government at the rate of Rs.17, 500 per month.

  • Prime Minister constitutes commission to probe Rs24 trillion borrowing in ten years

    Prime Minister constitutes commission to probe Rs24 trillion borrowing in ten years

    ISLAMABAD: Prime Minister Imran Khan on Tuesday constituted a commission to probe the unprecedented borrowing of Rs 24 trillion during past ten years and to set an example for those who looted the country.

    In a nationwide televised address, hours after the announcement of the national budget Prime Minister Imran Khan said, “Pakistan today was economically stable … I will now go after all of them [the leaders of PPP and PML-N] and take them to task for ruthlessly plundering the national wealth.”

    “I will make them answerable. I will investigate, and I will not spare them even if it is a threat to my life,” Imran said, after the national budget in which the government withdrew subsidies on many sectors and taxed almost all the sectors.

    The commission will comprise of officials from Federal Investigation Agency (FIA), Intelligence Bureau (IB), ISI, Federal Board of Revenue and Securities and Exchange Commission of Pakistan (SEC).

    The prime minister said that his PTI led government had present maiden budget and it would reflect the manifesto of the party.

    Talking about the latest arrests of political leaders, he said that no one ever think about these stalwarts behind the bars.

    He said that today the judiciary and National Accountability Bureau (NAB) are independent. He said that cases against PML-N leaders were not instituted by his government. “Yet they blame me for their arrests,” he added.

  • Eid-ul-Fitr Mubarak

    Eid-ul-Fitr Mubarak

    PkRevenue.com wishes Happy Eid-ul-Fitr Mubarak to all valuable readers and followers.

  • Asset recovery unit receives certified copies in judges’ references

    Asset recovery unit receives certified copies in judges’ references

    ISLAMABAD: The Assets Recovery Unit of the Prime Minister’s Office received a complaint/information in respect of the foreign properties of three learned Judges, said a statement on Sunday.

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  • British Airways resumes Pakistan operation on June 03

    British Airways resumes Pakistan operation on June 03

    ISLAMABAD: British Airways will resume its flight operation from Monday June 03, 2019 to Pakistan after a gap of 18 years.

    First flight of British Airways (BA- 261) is arriving at Islamabad International Airport (IIAP) on June 03, 2019 (Monday) at 9:25 A.M from Heathrow (London) where 240 passengers will arrive by the Boeing 787 Dreamliner with Pakistani and British flags in their hands, a statement said on Sunday.

    In line with the spirit of this joyous occasion, Ghulam Sarwar Khan, Minister for Aviation, Abdur Razak Dawood, Advisor to Prime Minister on Commerce, Textile, Industry and Production, Zulfiqar Hussain Bukhari, Special Assistant on Overseas Pakistanis and Human Resource Development along with Shahrukh Nusrat, Secretary Aviation, senior officials of Aviation Division, and the British High Commission will welcome the passengers at Islamabad International Airport.

    The same aircraft, as flight BA- 260, will depart for Heathrow at 11:10 A.M with passengers on board from Islamabad.

    Later in the day, Ghulam Sarwar Khan, Minister for Aviation, Abdur Razak Dawood, Advisor to Prime Minister on Commerce, Textile, Industry and Production, and Ms. Firdous Ashiq Awan along with Thomas Drew, the British Higher Commission, Andrew Brem chief commercial officer British Aiways and Shshrukh Nusrat Secretary Aviation / DG CAA will hold a joint Press Conference.

    As per the flight programme during the summer season, the British Airways will fly thrice a week between London Heathrow and Islamabad. Considering presence of large Pakistani diaspora in the United Kingdom, the BA flights will provide a convenient connection between the two countries. Apart from the diaspora, the flight link will promote cultural values, tourism and business opportunities between the United Kingdom and Pakistan.

    As a new hub for air travel, Islamabad International Airport will provide easy and convenient access to all parts of Pakistan.

    Several other major air operators have shown keen interest in initiating operations to Islamabad.

    It is expected that with the growth of number of passengers and cargo traffic, the initiatives will provide impetus to the growth of the aviation sector in line with the National Aviation Policy, 2019.

    The Aviation Division stands committed to provide world-class passenger experience at Pakistan’s airports with its state-of-the-art facilities and technological excellence.

    Ghulam Sarwar Khan, Federal Minister for Aviation in a statement said that the resumption of British Airways’ flight operation will be counted as a major milestone in the aviation history of Pakistan.

    The London Islamabad route will provide direct connection and ease of transport for our diaspora based in UK.

  • Eid-ul-Fitr holidays from June 4-7 announced

    Eid-ul-Fitr holidays from June 4-7 announced

    The government of Pakistan has officially declared a four-day holiday from June 4 to 7 in celebration of Eid-ul-Fitr, according to a statement released by the Ministry of Interior on Tuesday.

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  • Pakistan, China sign four CPEC agreements to boost bilateral cooperation

    Pakistan, China sign four CPEC agreements to boost bilateral cooperation

    ISLAMABAD: Pakistan and China on Sunday signed four agreements under China Pakistan Economic Corridor (CPEC) in order to further enhance bilateral cooperation.

    The signing ceremony was held here during the three-day visit of Chinese Vice President Wang Qishan, who arrived earlier in the day along with a high level delegation.

    Prime Minister Imran Khan and the Chinese Vice President witnessed the signing ceremony, which also attended by Minister for Foreign Affairs Shah Mahmood Qureshi, Planning Minister Khusro Bakhtiar, Finance Advisor Abdul Hafeez Sheikh and members of the Chinese delegation.

    A Framework Agreement on Agricultural Cooperation was signed by Chinese Vice Minister Zhang Taolin and Secretary Ministry of National Food Security Dr Muhammad Hashim Popalzai.

    A memorandum was signed on the “Requirements of FMD free zone where vaccination is practiced between General Administration of the Customs of China and Animal Quarantine Department of the Ministry of National Food Security and Research of Pakistan.”

    Chinese Ambassador in Pakistan Yao Jing and Dr Hashim Popalzai signed the document.

    The two countries also signed China Pakistan Economic Cooperation Agreement signed by Chinese Vice Minister Deng Boqing and Secretary Economic Affairs Division Noor Ahmed.

    Chinese Vice Minister Deng Boqing and Secretary EAD also signed a Letter of Exchange for Disaster Relief Goods between the two countries.

    The two friendly countries also inked agreement between CMEC and Government of Balochistan and Lasbela University in Modern Agriculture Comprehensive Development in Lasbela.

    The document was signed by Vice President of CMEC from China and Vice Chancellor Lasbela University Professor Dr Dost Muhammad Baloch and PS to Governor Balochsitan.

  • Compulsory acquisition of immovable properties for Naya Pakistan Housing Scheme; Ordinance promulgated

    Compulsory acquisition of immovable properties for Naya Pakistan Housing Scheme; Ordinance promulgated

    ISLAMABAD: The government will procure immovable properties for Naya Pakistan Housing Scheme through any means permissible under law including compulsory acquisition.

    In this regard President of Pakistan on Thursday promulgated Naya Pakistan Housing and Development Authority Ordinance, 2019 to provide for housing and real estate development, and other activities related to land and construction.

    As per the ordinance, the Naya Pakistan Housing and Development Authority will be established for the purposes of planning, development, construction and management of real estate projects.

    The authority shall identify immovable properties and projects suitable for the development of housing schemes.

    “It will recommend to the Federal Government to provide or procure immovable property or a project through any means permissible under law including compulsory acquisition, purchase, lease or licence through private agreement; donation by any private party or any state land or project by any government or other public authority, on such terms as may be mutually agreed between the Federal Government or the relevant transferor.”

    It will facilitate the low income segment for availing housing under this ordinance or any other specific programme or otherwise through the provision of loans or other facilities.

    Prime Minister of Pakistan shall be the patron of the authority and shall review its performance and give general policy directions.

    The patron shall constitute the policy board comprising not less than five and not more than 11 members, including chairman for a term of five years.

    The authority may raise funds through any means considered appropriate in the circumstances including through real estate investment trusts, bonds, sukuk and other forms of finances obtained on the basis of participation term certificate (PTC), musharika certificates, term finance certificate or any other financial or debt instruments or securities.

    It may raise funds and obtain finance or loans from donor agencies, government bodies, and financial institutions, including on the security of its fund.

    The federal government on the recommendation of the Authority shall constitute a Federal Land Bank and for which it may arrange or procure immovable property for the purposes of a scheme through any means permissible under law, including provision of State land by any government or public department, authority, agency or any corporation.

    The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.

  • SBP issues list of e-branches for obtaining fresh currency notes for Eid-ul-Fitr

    SBP issues list of e-branches for obtaining fresh currency notes for Eid-ul-Fitr

    KARACHI: State Bank of Pakistan (SBP) on Friday issued list of 1,718 e-branches for sending SMS and obtaining fresh currency notes for Eid-ul-Fitr.

    The SBP said that fresh currency notes will be available from designated commercial bank branches called “e-branches” and the sixteen field offices of SBP BSC.

    The booking of the service shall commence from May 19, 2019, while issuance of fresh currency through mobile SMS service will start from May 20 and continue till May 31, 2019.

    The service will be provided through 1702 e-branches & 16 SBP BSC offices in 142 cities across Pakistan to ensure maximum geographical coverage.

    The charges for the service are Rs. 1.50/- plus tax, per SMS.

    The branch IDs of designated e-branches are available at SBP website http://www.sbp.org.pk, PBA website http://www.pakistanbanks.org, commercial banks websites and will also be displayed prominently outside designated e-branches.

    It may be noted that the branch ID for e-branch is different from the existing branch/SWIFT code of banks.

    Under this facility, a person may send an SMS message comprising his/her 13 digits CNIC/Smart card number along with the desired e-branch ID [e.g. 32453-3454432-1(space)KHI001] to short code 8877.

    The list of the banks can be accessed to the link: List of e-branches.

    In return, the person will receive an SMS containing redemption code, e-branch address and the code validity period.

    Redemption code received by the customer will be valid for two (02) working days as per the mentioned dates in the SMS.

    The customer may then approach the concerned e-branch along with his/her original CNIC/Smart card, a photocopy of the CNIC/Smart card and transaction code received from 8877 to obtain fresh currency notes. An individual can obtain three (03) packets of Rs.10/- and one (01) packet each of Rs 50/- & Rs. 100/-.

    It is also notified that each CNIC/Smart card number or mobile phone number can only be used once.

    No transaction code will be issued to the sender in case he/she sends the same CNIC/Smart card number from different mobile numbers or sends different CNIC/Smart card numbers from same mobile number during the service.

    Further, the system shall provide the fresh currency notes on first come first serve basis and new bookings shall be closed once the system reaches its capacity.

  • SBP launches SMS service for issuance fresh currency notes for Eid-ul-Fitr

    SBP launches SMS service for issuance fresh currency notes for Eid-ul-Fitr

    KARACHI: State Bank of Pakistan (SBP) has launched SMS service for issuance of fresh currency notes to the general public for the celebration of Eid-ul-Fitr.

    The SBP on Friday said that the fresh currency notes will be available from designated commercial bank branches called “e-branches” and the sixteen field offices of SBP BSC.

    The booking of the service shall commence from 19th May, 2019, while issuance of fresh currency through mobile SMS service will start from 20th May and continue till May 31, 2019.

    The service will be provided through 1702 e-branches & 16 SBP BSC offices in 142 cities across Pakistan to ensure maximum geographical coverage. The charges for the service are Rs. 1.50/- plus tax, per SMS.

    The branch IDs of designated e-branches are available at SBP website http://www.sbp.org.pk, PBA website http://www.pakistanbanks.org, commercial banks websites and will also be displayed prominently outside designated e-branches. It may be noted that the branch ID for e-branch is different from the existing branch/SWIFT code of banks.

    Under this facility, a person may send an SMS message comprising his/her 13 digits CNIC/Smart card number along with the desired e-branch ID [e.g. 32453-3454432-1(space)KHI001] to short code 8877.

    In return, the person will receive an SMS containing redemption code, e-branch address and the code validity period. Redemption code received by the customer will be valid for two (02) working days as per the mentioned dates in the SMS.

    The customer may then approach the concerned e-branch along with his/her original CNIC/Smart card, a photocopy of the CNIC/Smart card and transaction code received from 8877 to obtain fresh currency notes. An individual can obtain three (03) packets of Rs.10/- and one (01) packet each of Rs. 50/- & Rs. 100/-.

    It is also notified that each CNIC/Smart card number or mobile phone number can only be used once.

    No transaction code will be issued to the sender in case he/she sends the same CNIC/Smart card number from different mobile numbers or sends different CNIC/Smart card numbers from same mobile number during the service.

    Further, the system shall provide the fresh currency notes on first come first serve basis and new bookings shall be closed once the system reaches its capacity. For any queries/complaints, the general public may contact the SBP BSC helpdesk at UAN (021) 111-008-877. The helpdesk facility will only be available during office hours.