Category: Finance

FBR, Finance, News

No unauthorised communications allowed with FBR staff

FBR will very soon issue very strict instructions to all officers, employees and staff of all formations of FBR not to interact with businessmen through personal visits, telephone calls, cell phone messages or emails. Automated / authorised system will be only manner to interact. From November 1, 2019 strict enforcement will be made against unauthorised interaction between FBR staff and business community. Business community is … Continue reading No unauthorised communications allowed with FBR staff

Unknown's avatarFinperialLeave a comment
Finance

SSGC has launched crackdown on hefty defaulting government owned entities. 

In Karachi, the Company disconnected gas supplies of Abbasi Shaheed Hospital, Sindh Government Hospital North Nazimabad, Trauma Centre of Ruth Pfau Civil Hospital and other defaulting entities.  SSGC’s Spokesperson informed that Abbasi Shaheed Hospital was continuously defaulting its current as well as past gas bills and the previous arrears had reached to significant level. On the last disconnection by SSGC, , the managements of Karachi … Continue reading SSGC has launched crackdown on hefty defaulting government owned entities. 

Unknown's avatarFinperialLeave a comment
Economy, Finance, SBP

Forex reserve increase.

The country’s total liquid foreign exchange reserves slightly moved up by $ 44 million to $ 15.186 billion by the end of last week. During the week under review, the State Bank of Pakistan’s reserves increased by $ 79 million to $ 7.893 billion as on October 18, 2019 compared to $ 7.813 billion a week earlier. Reserves held by banks declined by $ 35 … Continue reading Forex reserve increase.

Unknown's avatarFinperialLeave a comment
Finance, investment, Pakistan, Real Estate

Azerbaijan Citizens buy real estate in Turkey- so can Pakistani

🇵🇰 🇹🇷 🇦🇿 The number of Azerbaijani citizens buying properties in Turkey grows every month. Over the period of January-September 2019, Azerbaijani citizens purchased 829 pieces of real estate in Turkey, which is 128 pieces more than in the same period of 2018, Trend reports referring to the Turkish General Directorate of Land Registry and Cadastre. According to the Directorate, in January 2019 Azerbaijani citizens … Continue reading Azerbaijan Citizens buy real estate in Turkey- so can Pakistani

Unknown's avatarFinperialLeave a comment
Finance, Oil, Pakistan

Iron Ore from Chagai put on SALE

State-owned Bolan Mining Enterprises has put the first lot of 10,000 metric tons from a Balochistan district for sale on ex-mine basis, an official said on Monday. Bolan Mining Enterprises (BME) – a joint venture between Pakistan Petroleum Limited (PPL) and government of Balochistan – started mining of iron ore from its mining lease at Pachinkoh in Chagai. Each company shares a 50 percent working … Continue reading Iron Ore from Chagai put on SALE

Unknown's avatarFinperialLeave a comment
Bonds, Expats, Finance, Global, Pakistan, SBP

$ 30 Million collected from Expats under ‘PAKISTAN BANAO CERTIFICATES’

The Pakistan Tehreek-e-Insaaf led government has collected around $30 million under the ‘Pakistan Banao Certificate’ (PBC) from the Pakistani diaspora living abroad. Earlier this year, the government had launched Pakistan Banao Certificate which overseas Pakistanis could buy. The certificates were aimed at getting more investment from overseas Pakistanis to revive the economy. According to Finance Ministry Spokesperson Umar Hameed, Pakistan Banao Certificate is a script-less … Continue reading $ 30 Million collected from Expats under ‘PAKISTAN BANAO CERTIFICATES’

Unknown's avatarFinperialLeave a comment
Economy, Exports, Finance, Imports, SBP

Imports drop, Exports rise by $99m

Increase in the price of imported products not only benefited the local businesses but decreased the current account deficit by 64% The country’s current account deficit (cad) in the first quarter of current fiscal year declined by a huge 64% mainly on the back of a 21pc reduction in the imports bill. The State Bank’s latest data issued on Friday showed the current account deficit … Continue reading Imports drop, Exports rise by $99m

Unknown's avatarFinperialLeave a comment
Bookeeping, Entertainment, Feels, Finance, Panama, Taxation

The Laundromat

2019 Film, NETFLIX Movie claims Nawaz Sharif resigned after the panama leaks (He was dismissed) Then again it states its based on ‘some’ real shit. Star-powered drama,“The Laundromat” is about modern systems which protect the extremely wealthy. Panama Papers, Tax avoidance and weak laws are the basic gist. 1% of the entire world population damages the other 99% to avoid law and taxes. Financial Systems … Continue reading The Laundromat

Unknown's avatarFinperialLeave a comment
FBR, Finance, News, Pakistan

Pak Cuisine charging GST/SST but no SNTN on receipt 😲

Iqrar Ul Hassan, journalist at ARY News and host of Sar-e-Aam, owns a restaurant in Karachi called Pak Cuisine. Recently a famous tweeter @DaPakiGuy visited the restaurant and was charged 13% GST but the receipt did not include any STRN or SNTN. It requires SNTN as it is a restaurant operating in Sindh. But the SNTN is absent from the receipt. Hence it is illegal … Continue reading Pak Cuisine charging GST/SST but no SNTN on receipt 😲

Unknown's avatarFinperialLeave a comment
Economy, Feels, Finance, Small Business, Startup, Women Empowerment

Business Ideas for Early 20s

Young, happy, rich — you can acquire the latter two things at any point in life, but you are only young once. Your twenties are a great time to begin pursuing riches and happiness. The youngest generation is ambitious and many twentysomethings see value in investing in a business rather than spending their hard-earned money on college tuition. Here are some of the top business … Continue reading Business Ideas for Early 20s

Unknown's avatarFinperialLeave a comment