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Federal Government takes key decision over SBP autonomy
9 Mar, 2021
The federal government has prepared a draft bill proposing complete autonomy for the State bank of Pakistan (SBP). Once approved, the central bank will be completely freed of all responsibilities of supporting economic growth and providing budgetary loans. This move comes as part of efforts to ...
Good news for Pakistani tourists in UAE
2 Mar, 2021
Good news for tourists in the UAE as holders of expired tourist visas can now stay in the country till March 31. According to the General Directorate of Residency and Foreign Affairs (GDRFA), the facility has been extended to holders of expired one-month and three-month visits and tourist ...
Excise and Taxation Department launches new taxes on car sales
14 Feb, 2021
Every motor vehicle registering authority of the Excise and Taxation Department shall collect advance tax from the buyers of the locally manufactured motor vehicles who subsequently sell it within 90 days of delivery of such vehicles, whether prior to or after registration, at the specified ...
General Lloyd Austin makes history as America’s first Black Defence Secretary
23 Jan, 2021
WASHINGTON: The former Army general Lloyd Austin made history when he was confirmed by the US Senate as America's first Black defense secretary. The development came a day after Congress handed over Austin a special waiver to hold the post, which is required for any defence secretary who has been ...
India reacts over threats of US sanctions on purchase of S - 400 Missile Defence System
17 Jan, 2021
The United States warns India that it would not get a waiver on its planned acquisition of S-400 air defense systems from Russia, implying that New Delhi will face sanctions similar to those imposed on Turkey for buying the advanced equipment. In an exclusive interview with Reuters on Friday, ...
India faces a strong blow from US
17 Jan, 2021
ISLAMABAD – The United States has made it clear that India is unlikely to get a waiver on its planned acquisition of Russian S-400 air defence systems. A US embassy Spokesperson in New Delhi said that the United States is aware of reports of India’s planned purchase of the S-400s. He said ...
US gives a strong blow to India over expected waiver on Russian S - 400 air defence system
16 Jan, 2021
The United States has made it clear that India is unlikely to get a waiver on its planned acquisition of Russian S-400 air defence systems. A US embassy Spokesperson in New Delhi said that the United States is aware of reports of India’s planned purchase of the S-400s. He said any such move ...
Federal government unveils massive tax exemption for the Electric Vehicles launch
23 Dec, 2020
A cabinet meeting held today under Prime Minister Imran Khan’s supervision reviewed Pakistan’s overall political and economic strategy along with other developmental affairs, that concluded in the approval of the country’s first-ever Electric Vehicle (EV) policy. The cabinet also gave the ...
HEC announces new overseas scholarship scheme for the Pakistani students aspiring for PhD in American Universities
14 Dec, 2020
The Higher Education Commission (HEC) announced the availability of a new scholarship programme for Ph.D. students for Fall 2021 and Spring 2022 on Sunday. According to an official statement issued on Twitter, the scholarships for American universities have been announced under the HEC’s ...
A good news for Pakistan from US
12 Dec, 2020
A presidential waiver has saved Pakistan from economic sanctions by the United States (US) after recently being placed among countries that allegedly violate religious freedom. On 2 December, the US Secretary of State, Mike Pompeo, had nominated Pakistan as one of the ten ‘Countries of ...
