By NewzTodays Editorial Team | August 18, 2021

Pakistan has started exporting Mangoes to Russia for the first time through land routes. I congratulate Ishfaq &Co on becoming the first company to have exported mangoes to Russia via road under the TIR, commerce advisor Razak Dawood said in a tweet. He said it opens new vistas for our exports to Russia and Europe via…

By NewzTodays Editorial Team | August 17, 2021

Ibn-e-Ameer ISLAMABAD: Oil and Gas Development Company Limited (OGDC) management changed criteria to appoint favourite candidate as Executive Director ED (Petroserv). Before his appointment, the OGDCL recruitment committee had disqualified the candidate even for the junior position of General Manager. The country’s largest oil and gas explorer had appointed a candidate whom the recruitment committee…

By NewzTodays Editorial Team | August 16, 2021

Economic Coordination Committee (ECC) on Monday approved to continue electricity and gas subsidy for export-oriented sectors during the FY 2021-22. The government has been giving multibillion rupees to the export-oriented sector on account of subsidy on supply of electricity and gas. Now, the government has decided to continue for the financial year 2021-22. Federal Minister…

By NewzTodays Editorial Team | August 16, 2021

The government has executed five exploration blocks to oil and gas development company limited (OGDCL) to attract a firm investment commitment of US $ 13.32 Million. The government of Pakistan executed Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over Block No.3372-26 (Hazro), Block No. 2972-7 (Vehari), Block No. 2972-8 (Sutlej), Block No.2668-23 (Khewari East)…

By NewzTodays Editorial Team | August 13, 2021

ISLAMABAD:  The Competition Commission of Pakistan (CCP) has imposed its highest-ever penalty of Rs44 billion at the sugar mills for cartelization, price-fixing, and market manipulations. The penalty has been imposed on the calculation of turnover of 55 sugar mills for the financial year 2019, while the maximum penalty has been imposed at the Pakistan Sugar…

By NewzTodays Editorial Team | August 13, 2021

The government has decided to announce a comprehensive package in early next month to facilitate Pakistanis abroad who send remittances. This package also included the digital application to facilitate the Pakistanis living abroad for sending remittances. Prime Minister Imran Khan chaired a review meeting on facilitating remittances and providing more facilities to Pakistanis abroad under…

By NewzTodays Editorial Team | August 13, 2021

Lahore: Pakistan’s on-demand delivery app, Cheetay, gives local businesses a digital platform to sell their products. The new category launched by Cheetay Grocery, ‘Taste of Pakistan’, makes it easy to order iconic products from all over the country. Additionally, top-selling items on the Cheetay app are Pehlwan Rewari from Chakwal, Lahore’s famous Khalifa Khatai, Multani…

By NewzTodays Editorial Team | August 11, 2021

Easypaisa is the most successful story of digital payments in Pakistan. It is the country’s largest App that has dealt 800 million transactions worth Rs 1.5 trillion in the year 2020. The monetary value of the transactions is equal to the 5 %GDP of the country. Easypaisa App provides the financial solution of dealing day…

By NewzTodays Editorial Team | August 10, 2021

ISLAMABAD: The government has decided to create Rs 10 billion funds to provide the cash reward to IT companies, outperforming experts in Pakistan. Meanwhile, the government has also decided to award a 5% percent rebate on IT exports to IT firms in Pakistan. Meanwhile, the IT companies have lodged a complaint against the tax collecting body…

By NewzTodays Editorial Team | August 10, 2021

Ibn-e-ameer The government has approved an extension in exemption of taxes and duties on import of 61 medical goods for six months to prevent the covid-19 pandemic. The National Health Services Regulations and Coordination Division briefed the Cabinet about the case. M/O National Health Services, Regulations & Coordination, through Revenue Division, had moved a summary….