Sugar Price is being increased as a consequence of withdrawal of 50 Per Cent Concession on Sales Tax on Sugar

Islamabad: As regards the newspaper reports of allegation about ‘tax’ imposition leading to increase in price it is incorrect. It is clarified that: a) There are two concessions on white sugar. Firstly the assessed sugar price per kg was fixed at Rs.28.88/kg. Secondly sales tax levied was 8% of this fixed assessable value. b) In March 2011 the assessable value was taken as the ‘market value’ while the sales tax was still 8% or 50% the sales tax (16%) levied […]

Chief of Army Staff visits Troops at Wali Dad, Mohmand Agency

Rawalpindi: Chief of Army Staff (COAS), General Ashfaq Parvez Kayani paid rich tributes to the officers and soldiers who laid down their lives while fighting against terrorists in Mohmand Agency. He was addressing the troops at Wali Dad Top, near Pak-Afghan border during his visit to Mohmand Agency. COAS attributed the success to the outstanding combat skills and high morale of the armed forces and FC. He also praised the joint operations of Pakistan Army and PAF for the clearance […]

Speaker Aslam Bhootani Visited Deferent Areas and Inspected ongoing Development Works

Quetta: On this occasion he listened to the problems of the people, wormaly welcomed who reaching Liari, met delegations at Gadani. Hub: Speaker Aslam Bhootani visited deferent areas including Hub, Gadani, Winder and Liari and inspected ongoing development works. He met people at Hub and listened their problems. Moreover he inspected historical city of Liari where inspected electricity schemes completed at the cost of Rs: 15 million. People of Liari wormly welcomed Speaker Aslam Bhootani at Liari and thanked him […]

Need to improve Pakistan-Sri Lanka trade ties: Tauseef Zaman

Islamabad: A delegation led by Muhammad Tauseef Zaman, Vice President Islamabad Chamber of Commerce and Industry (ICCI) visited Business Council, Colombo, Sri Lanka. Ms. Seema Elahi Baloch, Ambassador of Pakistan in Sri Lanka was also present on the occasion. Speaking on the occasion, Muhammad Tauseef Zaman said that Pakistan should strengthen bilateral trade with Sri Lanka and also exploit the vast untapped potential in many sectors. He said that bilateral trade between two countries was around US $320 million which […]

British Consultation on Family Migration

Islamabad: The UK Immigration Minister, Damien Green announced new proposals to crack down on sham and forced marriages today as part of a new consultation on better family migration. The consultation, which also seeks to ensure family migrants can integrate into society, forms part of the government’s major overhaul of the immigration system – following the changes that have already been made to the work and study routes and the ongoing consultation on settlement rights. Immigration minister Damian Green said: […]

Karachi Electric Supply Company advises citizens to adopt safety measures against rain hazards, to save energy

Karachi: Karachi Electric Supply Company has advised citizens to adopt safety measures against any possible risk of electrocution during the upcoming monsoon rains and to avoid any unsafe venture to fix the rain-related electricity faults on their own but to report the issue to 118 response centre or the nearest KESC office. As the monsoon season has already started in different parts of the country and is expected to set in motion towards Karachi any time, appliances may get overheated […]

Islamabad Traffic Police’s official cut cake on eve of 2nd anniversary of FM Radio 92.4

Islamabad: Police officials of Islamabad Traffic Police (ITP) on Wednesday cut cake on the eve of 2nd anniversary of FM Radio 92.4, with an aim to make the transmission of this radio more attractive for audience. SSP (Traffic) Dr. Moeen Masood, SP (Traffic) Mir Vais Niaz, Program Manager Ayesha Jameel, staff of ITP FM Radio 92.4 and other police officials as well as people from various fields of life were also present on the ceremony held to cut cake. Following […]

Pending cases with all police stations to be settled within two-week: Inspector General of Police

Islamabad: Inspector General of Police Islamabad Bani Amin Khan has directed all officials especially those working at police stations to complete investigation on all pending cases within 14 days and submit a detailed report with him after submitting the challans of these cases into concerned courts. He made these directions here on Wednesday while chairing a special meeting held to review the performance of all circles of Islamabad police as well police stations regarding investigation process on pending cases. SSP […]

Karachi Chamber of Commerce and Industry pays rich tribute to outgoing Turkish Consul General Mr. Fethi Etem

Karachi: Mr. Siraj Kassam Teli Chairman BMG group and Ex-President Karachi Chamber lauded the efforts and painstaking by outgoing Turkish Consul General Mr. Fethi Etem for bringing business communities of the two countries closer and said the frequent visits of high level dignitaries of both the countries reflect close, deep and historic relations. He stressed to further strengthen trade ties between the two brotherly countries. He was speaking on the occasion of farewell party arranged in honour of Mr. Fethi […]

Pakistan Credit Rating Agency maintains Ratings of JS Bank Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of JS Bank Limited at “A” (Single A) and “A1″ (A One), respectively. Meanwhile a stable outlook has been assigned to these ratings. These ratings denote low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The ratings reflect the bank’s strong liquidity and high capital adequacy, supplemented by a sound technological platform. The ratings recognize a geographically disperse […]

UNESCO launches a comprehensive project to strengthen flood forecasting and management capacity in Pakistan

Islamabad: Pakistan suffered its most severe floods in living history in 2010. The floods began in late July 2010, following heavy monsoon rains in the Khyber Pakhtunkhwa, Sindh, Punjab and Baluchistan regions of Pakistan. These extra ordinary monsoon rains were described as the worst in the last 80 years. According to the Pakistan Meteorological Department, rainfall in excess of 200 mm fell in a 24-hour period over a number of places of Khyber Pakhtunkhwa and Punjab. A record breaking 274 […]