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Dollar remains at same high of Rs134

KARACHI (Dunya News) – The rate of US dollar on Wednesday remained at the same high price of Rs134 after the rupee value dropped by 36 paisa against the greenback. On Tuesday, the domestic currency had registered a jolt after

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Sindh Bank board approves merger with Summit Bank

KARACHI  – A meeting of the Board of Directors of Sindh Bank Sunday approved merger with Summit Bank. The management of both the banks will now approach the Supreme Court for issuance of NOC. Following the approval, the next step

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Govt reduces petrol price by Rs2.07 per liter

ISLAMABAD  – After continuous rise in the price of petroleum products for the past several months, the government has reduced petrol price by Rs 2.07 pet liter on Saturday. According to the Ministry of Finance, new price of petrol will

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Importers stressed to levy extra taxes

A meeting between the delegations of Korean Importers Association headed by its Director Herbert Lee with Khyber Pakhtunkhwa Board of Investment & Trade (KPBOIT) Vice-Chairman Faisal Saleem Rahman has asked to reduce import duty on modern techniques and their tools

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Malik Sohail appointed as Chairman Coordination FPCCI

Business leader of the Capital city Malik Sohail Hussain has been appointed as Chairman Coordination of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). After the fourth consecutive victory of United Business Group (UBG), the first meeting of

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Government devising strategy to go after tax-evaders

Minister of State for Finance, Rana Muhammad Afzal Khan says the government is devising a strategy to go after the tax-evaders. Talking to media persons in Islamabad, he said initially ten thousand people have been identified on the basis of

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FBR to launch pilot testing of RIMS on restaurants in the first week of January

The Federal Board of Revenue (FBR) would launch a pilot testing of Real-time Invoice Monitoring System (RIMS) on hotels/restaurants in Islamabad having sales turnover of Rs.5 million and above in the first week of January 2018 to monitor sales and

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Government asked to give rice sector industry status

The Union of Small and Medium Enterprises (UNISAME) has urged Pervaiz Malik the federal commerce minister to grant industry status to the rice sector based on its merit and requirements promptly. President UNISAME Zulfikar Thaver said the rice growers, millers,

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Government asked to announce new gas mix formula

Islamabad Chamber of Small Traders on Tuesday said the government has decided to provide gas at uniform prices for industrial consumers across the country which is getting the mixed response from the industrial consumers. It said the industries dependent on

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Erosion in exchange rate to hit masses

Islamabad Chamber of Small Traders on Sunday said planned erosion in the exchange rate is to hit every person in the Pakistan. The currency has been left on the mercy of IMF, exporters and currency dealers which amounts to playing

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