Pakistan Revenue
In a move aimed at facilitating and expediting flood relief efforts, the Federal Board of Revenue (FBR) announced on Wednesday that it would be waiving customs duty, excise duty, and taxes on consignments related to flood relief activities for the next three months.
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The Sindh government has taken a significant step in supporting flood relief operations by exempting sales tax on services provided by customs agents and terminal operators.
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ISLAMABAD: Catastrophic flood in Pakistan has required rehabilitation and massive expenditures which will pose significant challenge for fiscal consolidation, the ministry of finance said on Sunday. In the monthly Economic Update and Outlook October 2022 released by the ministry of finance said that on the other hand, growth prospects have weakened, along with contained economic […]
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Asian Development Bank (ADB) has approved $1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment for its people amid devastating floods and global supply chain disruptions. In a statement issued on Friday, the ADB said the loan, provided under ADB’s Building Resilience with Active Countercyclical Expenditures (BRACE) Program, […]
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KARACHI: Save The Children has committed to provide $50 million for rehabilitation of schools in flood hit areas in Sindh. Save the Children and provincial government planned to set up 600 Temporary Learning Centers (TLCs) because of damaged schools infrastructure across Sindh. The TLCs are provided in four districts of Dadu, Sanghar, Shikarpur and Khairpur […]
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KARACHI: More than 100,000 children have been treated free of cost at the children’s Emergency Rooms (ERs) of government teaching hospitals in flood-hit locations. The ERs have remained operational 24/7 despite torrential rains and flooding in calamity-hit districts of Sindh. They provide quality emergency medical care as well as dispense life-saving medicines to flood-affected children. […]
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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the customs clearance of banned items, which landed till August 18, 2022. Federal Minister for Finance and Revenue Miftah Ismail virtually presided over the meeting of the ECC. Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal […]
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International humanitarian Angelina Jolie is visiting Pakistan to support communities affected by the devastating floods, according to a statement issued on Wednesday. Heavy rains and floods across the country have impacted 33 million people and submerged one third of the country under water. Ms Jolie is visiting to witness and gain understanding of the situation, […]
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KARACHI: ATC Holdings and its subsidiary National Foods Limited have announced to donate PKR 55 million for flood relief activities. Additionally, the group has created a dedicated account for employee contribution, leading to additional collection of PKR 8 million so far, taking the tally to over PKR 60 million. “Pakistan contains more glacial ice than […]
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ISLAMABAD: The educationists and experts had conversation on September 16, 2022 to stress on rehabilitating and rebuilding the education infrastructure destroyed in the floods. The conversation was organized virtually by the Ministry of Federal Education and Professional Training’s STEAM Policy Unit. The senior education expert and author of “Teachers, Bureaucracy, and Politicians,” Javed Ahmed Malik […]
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