Thursday, December 8, 2022

Asad Umar

Government plans online collection of taxes

The PTI government has decided several reforms in the Federal Board of Revenue (FBR) to increase ease of business. With a view to facilitate taxpayer, FBR and State Bank of Pakistan (SBP) will prepare online tax collection system. Finance Minister...

Speculation on Rupee devaluation dies, investor shifts focus from hoarding USD

With the influx of funds from Saudi Arabia and United Arab Emirates (UAE), the rumours regarding further devaluation of rupee have died, as the investors are shifting the focus from hoarding US dollar.   Besides, the strict measures taken by the...

Pakistan to issue Rs 200 billion Sukuk bonds

Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved issuance of Rs 200 billion worth  Sukuk bonds to repay circular debt. A meeting of the ECC was chaired by Finance Minister Asad Umar.   According to the decision of the...

National Tax Conference to be held in March

Due to its role as the National leader of the Accountancy profession, the Institute of Chartered Accountants of Pakistan (ICAP/ the Institute) has shared a close relationship with the Government of Pakistan.   The Institute with its commitment to serve public...

Zubyr Soomro appointed Chairman BoD NBP

Finance Minister Asad Umar has appointed Zubyr Soomro as Chairman Board of Directors, National Bank of Pakistan on Saturday with immediate effect. Zubyr Soomro is a businessperson who has been at the helm of 6 different companies and presently...

9th NFC meeting to be held on Feb 6 in Islamabad

After the reconstitution of National Finance Commission, 9th NFC will be held on February 6 in Islamabad. Finance Minister Asad Umar will chair the meeting.   The meeting will obtain the briefing on fiscal position by provinces and the federal government.   The...

A big Thank You to FM and team, PSX need some more appetite to energise investors

Hammad Kehar, President, Munir Khanani, Vice President and the entire Managing Committee of PSX Stockbrokers Association are appreciative to the efforts of Asad Umer, Finance Minister, and Hammad Azhar, State Minister for Revenue, for presenting the Economic Reforms Package...

PHMA lauds govt to honor promises for zero rate

Pakistan Hosiery Manufacturers & Exporters Association, Central Chairman, Muhammad Jawed Bilwani lauded the Government to honour their promise and commitment to facilitate the five zero rated export sectors and announcing to issue refund bonds (promissory notes) to exporters, on...

Key Take aways of “Economic Reform Package”

Finance Minister of Pakistan Asad Umar presented the “Economic Reform Package”, during his speech he said that the country is facing economic crises but the government will keep the measures to boost the country towards developed nations.   Key Take aways...

Meeting of Qatar Amir and PM Khan scheduled tomorrow

Pakistan’s Prime minister Imran Khan will arrive in Doha today. During his two-day official visit Prime minister Imran Khan will attend various meetings with Qatar officials. According to the authorities, meeting between Amir of Qatar Sheikh Tamim bin Hamad...
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Mehboob Shaikh organizes reception in the honor of Dr. Rahman

Senior journalist, author, and social worker, Mehboob Ali Shaikh held a reception in the honor of a known Psychologist...
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