Pakistan

Value of PKR depreciates, PML-N lawmakers jeer at PTI govt in NA

Value of PKR depreciates, PML-N lawmakers jeer at PTI govt in NA

ISLAMABAD: During a session of the National Assembly on Friday, the Pakistan Muslim League-Nawaz (PML-N) leaders on Friday jeered at the incumbent government over massive depreciation in the value of the Pakistani rupee against the US dollar. PML-N leader Murtaza Javed Abbasi criticized the government over the poor exchange rate, …

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Pakistan’s COVID-19 positivity rate remains below 2%

Pakistan’s COVID-19 positivity rate remains below 2%

As many as 16 more deaths from the coronavirus pandemic were reported by Pakistan during the last 24 hours, pushing the country’s death toll  attributed to COVID-19 to 28,344, according to official data released by the National Command and Operation Center (NCOC) on Friday. The NCOC statistics suggested Pakistan reported …

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OGDCL discovers gas reservoirs in Balochistan

OGDCL discovers gas reservoirs in Balochistan

On Thursday, the Oil and Gas Development Limited (OGDCL) discovered gas in the Mughal Kot Formation at the Jandran West X-1 well in the Kohlu region of Balochistan. “The discovery will add to the hydrocarbons reserves based on OGDCL and of the country,” OGDCL stated. Based on good gas shows …

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Ex-FBR chief order termed illegal

Ex-FBR chief order termed illegal

ISLAMABAD: Former Federal Board of Revenue (FBR) chairman Shabbar Zaidi’s instructions to stop recovery of disputed taxes from bank accounts without prior intimation to taxpayers were “illegal”, one of the top functionaries of the tax machinery said on Thursday. The revelation was made by Member Inland Revenue Operations Qaiser Iqbal …

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