FBR decides opening IR offices on Saturdays as coronavirus spreads rapidly

ISLAMABAD: Federal Board of Revenue (FBR) has decided to open its field offices on Saturdays to meet monthly target of Rs415 billion despite rapid spread of coronavirus, which already claimed lives of... Read more »

Shopkeepers to implement ‘no mask, no service’; NCOC discusses easing lockdown

ISLAMABAD: Market associations to be engaged for implementation of COVID-19 guidelines and Standard Operating Procedures (SOPs) for prevention the spread of coronavirus. This was discussed at a meeting of National Command and... Read more »

NCOC recommends shutting educational institutions till August

ISLAMABAD: National Command and Operation Centre (NCOC) on Saturday recommended that the educational institutions should be kept closed till August as the summer season and pandemic would be at its peak on... Read more »

World Bank approves $500 million to help Pakistan’s COVID-19 emergency response

WASHINGTON: The World Bank’s Board of Executive Directors approved today a $500 million program to help Pakistan improve access to quality healthcare and education, support economic opportunities for women, and strengthen social... Read more »

SBP allows reimbursement claims for payment of wages, salaries

KARACHI: State Bank of Pakistan (SBP) on Tuesday decided to allow reimbursement claims for those business concerns, which paid wages and salaries through own resources. The central bank through a notification on... Read more »

FBR takes notice of closure of field offices

ISLAMABAD: Federal Board of Revenue (FBR) has taken serious notice of without approval closure of field offices for prevention against COVID-19 (coronavirus). In an official notice issued on Tuesday, the FBR said... Read more »

SECP issues guidelines for license renewal amid COVID-19

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for license renewal in order to facilitate companies considering difficulties due to COVID-19. The SECP issued Circular No. 19/2020 for extension... Read more »

Karachi Chamber demands lifting lockdown completely as corona cases rise above 40,000

KARACHI: Business community has demanded complete ease in lockdown on Sunday as cases of coronavirus have increased to over 40,000 in the country. The government has started easing lockdown since last Monday... Read more »

Not a single car sold in April 2020

KARACHI: Automobile manufacturers have witnessed worst-ever month as not a single car was sold during April 2020 owing to lockdown imposed by the federal and provincial governments to prevent coronavirus pandemic. The... Read more »

Terminal operators refuse to extend waiver from detention, demurrage charges: KCCI

KARACHI: Terminal operators have refuse to extend waiver from demurrage and detention charges despite clear instruction of the government to facilitate the trade in the wake of COVID-19. The terminals are demanding... Read more »