aHow to Register a Private Limited Company Online in Pakistan?

Some news you may have missed out on part 104.

-Pakistan to be out of FATF's grey list by September, promises Central Bank
Islamabad will strictly implement the requirements of the Financial Action Task Force (FATF) in order to get out of the money laundering grey list released by the Paris-based body, a senior official of Pakistan's Central Bank said on Wednesday. FATF had previously placed Pakistan on its watch list of countries that need to do more in relation to anti-money laundering and combating the financing of terrorism.
"The FATF challenge has be to be addressed. Pakistan has mandated upon itself to enforce the FATF plan in letter and spirit. Whatever the requirements about the FATF plan are, they will be imposed and Pakistan will be out of grey list by September 2019. FATF is a risk but we are addressing it in the right letter and spirt," said Syed Irfan Ali, executive director for Banking Policy and Regulation Group at the State Bank of Pakistan.
-NAB finds 'proof of massive money laundering' against Sharif family
The Sharif family’s troubles seem set to worsen as reports suggest the National Accountability Bureau (NAB) has found evidence of massive money laundering through which Shehbaz Sharif and his family members accumulated assets in the United Kingdom.
According to sources privy to NAB’s investigation, the illegally accumulated assets are worth Rs85 billion to Rs100 billion and were bought during Shehbaz’s tenure as Punjab chief minister.
They said the evidence found was irrefutable and showed striking similarities with the money laundering and fake accounts case against former president Asif Ali Zardari and other Pakistan Peoples Party leaders.
-US debunks Indian claims of shooting down PAF F-16
Indian claims of shooting down a Pakistan Air Force (PAF) F-16 on February 27 were debunked by US officials as all aircraft are accounted for. Pakistan invited US officials to physically count the F-16 planes after the incident. Some of the aircraft were not immediately available for inspection due to the conflict, so it took US personnel several weeks to account for all of the jets, one of the officials said.
The report stated that two US defence officials with direct knowledge of the matter said US personnel had done a count of Pakistan’s F-16s and found none missing.
-Finance minister rules out further rupee devaluation
Finance Minister Asad Umar on Friday ruled out the need for further devaluation of the Pakistani rupee as the currency stands at equilibrium. “The International Monetary Fund (IMF) has made no demand for rupee devaluation,” Umar clarified categorically while addressing at Pakistan Stock Exchange (PSX) through online video conference. “Today, the State Bank of Pakistan (SBP) has clarified the rupee is standing at equilibrium,” he said. Dismissing reports of further devaluation, he added: “Stop circulating rumors that Asam Umar has said rupee would depreciate to 160 or 180.”
-o
For the Centre for Social Justice (CSJ) in Lahore, Christian children have the right to study the Bible, Hindu children have the right to study the Bhagavat Gita and Buddhist children have the right to study the Vedas. Together with the People’s Commission for Minorities Rights (PCMR), the CSJ held a conference on 29 March in which they adopted a resolution entitled ‘Right to education without discrimination’ demanding the right of minorities to teach their own religion in schools, as guaranteed by Article 22 of the Pakistani Constitution. Currently, only Islam is taught in schools.
-China’s BeiDou Navigation System Will be Able to Replace GPS in Pakistan Soon
Pakistani military reliance on the US-owned Global Positioning System (GPS) will be reduced after the use of China’s Beidou satellite navigation system which is projected to achieve global coverage by 2020. This was the crux of background discussions between former military officials and telecom experts.
Beidou is the world’s fourth space-based navigation system, following GPS by the United States, GLONASS by Russia and Galileo by the European Union. According to experts, the satellite-based system plays a vital role in the modern world, especially during wartime.
-PM Imran Khan announces unprecedented 10 years development package for tribal districts
Prime Minister Imran Khan has announced a ten-year special development package for tribal districts. Addressing a big public meeting at Jamrud, Khyber district this evening, he said one hundred billion rupees will be spent on the development of tribal areas each year. He said health, education and sports facilities in tribal areas will be enhanced.
-SBP’s Forex Reserves Cross the $10 Billion Mark
The foreign exchange reserves of State Bank of Pakistan (SBP) have crossed the $10 billion mark by March-end. During the week that ended on 29 March 2019, SBP received inflows of RMB 15 billion (equivalent to US$2.2 billion) as proceeds of the loan obtained by the government of Pakistan from China. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by $1.931 billion during the week.
-Benami Properties: FBR takes an unprecedented step
Federal Board of Revenue has established three Benami Zones at Karachi, Lahore and Islamabad for enforcement of Benami Transaction (Prohibition) Act, 2017. In a press release issued today (Thursday), it was said after examination of available information FBR Benami Zones Karachi and Lahore have issued show cause notices in six cases of Companies holding shares and immovable properties as Benamidar.
-Ministry of Finance proposed to amend Foreign Exchange Regulations Act in Pakistan
Ministry of Finance has proposed to amend the Foreign Exchange Regulations Act 1947 to prevent illegal foreign exchange transactions. Under the proposal, the previous act will be updated with an amendment act to empower the State Bank of Pakistan to regulate foreign exchange regime in the country more effectively.
It said proposed amendment has been approved by the Federal Cabinet and transmitted to Parliament for enactment. The measure is a part of government's efforts to enhance the transparency of financial transactions.
-KP government launches 'Pink Bus Service' exclusively for women
Khyber Pakhtunkhwa government launched on Thursday ‘Pink Bus Service’ exclusively for women in Mardan. A spokesman of the project told our Peshawar correspondent that a total of seven Pink Buses will ply in Mardan. There are fifteen bus stops each facilitated with the solar panels.
-Pakistan makes a new offer to Iran, FTA in works
Pakistan has invited Iran for talks on a free trade agreement (FTA). Pakistan has proposed that talks could be held on April 23-24 in Pakistan. The report added that lack of direct banking channel between the two countries is the main hurdle in finalizing the free trade agreement.
-Govt Mulling to Withdraw 10% FED on 1,700cc Vehicles: Abdul Razaq
The government is considering to withdraw its decision of imposing 10% federal excise duty (FED) on cars with engine capacities exceeding 1,700cc. The Senate’s Standing Committee on Industries and Production, on Wednesday, was informed that the 10 percent FED imposed on locally manufactured cars and SUVs, having engine capacity exceeding 1,700cc, would be withdrawn soon.
-Govt to Crackdown Against High Medicine Prices & Launch An Online Price Portal
The federal government has ordered a crackdown against pharmaceutical companies that are illegally increasing medicine prices. Minister for National Health Services (NHS), Aamer Mehmood Kiani, ordered an operation against such firms on Wednesday.
“Though the Drug Regulatory Authority of Pakistan (DRAP) deals with the matter, as a government representative, I consider myself responsible for providing relief to the masses and answerable to them. I am personally looking into the matter and would not tolerate an illegal and unauthorized increase in the prices of medicines,” the minister said.
-Pakistan’s First Environment Friendly Food Festival to Start on 5th April
To discourage single-use plastics and promote sustainable food consumption, WWF-Pakistan is organizing the country’s first environmental-friendly food festival in Karachi. The festival, ReFest, aims to reduce food waste and raise awareness about eating food in a responsible way as well as adopting sustainable practices in our daily lives such as reduced use of single-use plastics. The theme of the festival is to spread awareness about the cause and enjoy the festivals responsibly, as per WWF, festivals were one of the reasons of over-littering due to massive use of single-use plastic in food festivals. The idea is to promote a sense of responsibility among citizens about how we can enjoy and be responsible at the same time.
-Gilgit is Getting a Dedicated Tourism Police Division
Gilgit-Baltistan Inspector General of Police (IGP) Sanaullah Abbasi said that a special tourism force will be formed in the region to ensure the safety of national and foreign tourists. He also told that the GB government will deploy 700 personnel for the protection of the China-Pakistan Economic Corridor route. The special tourism force called, “Tourism Police Division” will be set up on the model of Malaysia and Thailand.
-PM takes part in Hyderabad University’s Groundbreaking Ceremony.
The project is projected to complete within 3 years, with over Rs. 2 billion as the estimated cost. The land for building the university has been marked in Kohsar. A bill will be passed from the National Assembly for the construction of the university. The name of the university has been decided as “Federal Urdu University Hyderabad”.
-Facebook Launches Its Innovation Lab Platform in Pakistan
Facebook and Pakistan’s Ministry of Information Technology along with the National Technology Fund (IGNITE) launched the first Facebook Innovation Lab located in the National Incubation Centre (NIC) at the Lahore University of Management Sciences (LUMS). The launch event, held on Wednesday, April 3, 2019, was attended by several thought leaders from across the world who came together and debated on issues such as women and technology; the impact that VR has on social good and impactful ways to harness technology for social good.
-UN Adopts Pakistan Sponsored Resolution Against Islamophobia
The United Nations General Assembly (UNGA) unanimously adopted a resolution on Tuesday strongly condemning acts of violence and terrorism against religious minorities.mThe resolution, titled ‘Combating terrorism and other acts of violence based on religion or belief’ was moved by Turkey and co-sponsored by Pakistan.
Through this, the UNGA condemned the atrocious terrorist attack targeting Muslims during Friday prayers in two mosques at Christchurch, New Zealand this month, while offering deepest condolences to the victim families.The UN assembly called for the protection and promotion of freedom of religion and belief while developing a domestic environment of religious tolerance, respect, and peace.
-Government announces changes for new budget
With the new budget coming up, the Pakistan Tehreek-e-Insaf (PTI) government announced on Tuesday its first tax amnesty scheme on hidden domestic and offshore assets – in an attempt to boost the sinking tax revenue.
Besides, the government announced that it would stop the unchecked outflow of dollars through foreign currency accounts, declaring its intention to amend laws to link the outflows for investment with the approval of the authorities. “An asset declaration scheme will be announced before the budget,” Finance Minister Asad Umar told journalists.
-First ever Pakistani international tourism corner opens in Europe
Pakistan has opened its first International Information Tourist Corner in Belgium to offer Europeans Pakistan’s unique culture, stunning scenic view of its northern areas and the traditional lifestyle of mountain people. Launched jointly in collaboration with the Embassy of Pakistan in Brussels and Tribes, a Dutch Company established in Brussels, the tourist corner is the first-ever initiative by the Pakistani mission in Belgium to promote tourism in Pakistan
-Asad Umar hints at withdrawing tax exemptions for elite
Finance Minister Asad Umar on Tuesday hinted at withdrawing tax exemptions being availed by the elite and also announced a drastic reduction in the number of withholding taxes from the next budget including the tax on banking transactions being paid by non-filers of tax returns.
The minister expressed these views at the launching ceremony of a book, ‘Growth and Inequality in Pakistan – Agenda for Reforms’. The book has been written by Dr Hafiz A Pasha whom Umar described as Pakistan’s number one economist. Friedrich Ebert Stiftung – a German institute – has financed the book under the theme of ‘Economy of Tomorrow’. The book discusses almost every important aspect of Pakistan’s economy and carries a detailed chapter on elite capture of the state.
-PM Imran Khan to perform ground breaking of two Naya Pakistan Housing Programme sites
Prime Minister Imran Khan is expected to perform the ground-breaking ceremony of two housing projects in Islamabad and Quetta later this month. Both projects are part of PM Khan’s ambition of Naya Pakistan Housing Program (NPHP) under which he promised to deliver 500,000 low-cost residential units to the underprivileged faction of the society.
-PM Khan announces economic corridor between KP Khyber and Afghanistan
PM Imran Khan has announced formation of economic corridor between KP Khyber and Afghanistan for improving trade and economic activities in the region. PM Khan announced that he has issued directives for the Torkham border with Afghanistan to be kept open 24/7 in order to facilitate business and trade for locals.
-First woman principal appointed at K-P police training centre
A police training centre in Khyber Pakhtunkhwa’s (K-P) Mansehra has appointed a woman principal – a first for the province. Sonia Shamroz, an MBA in human resource management and an 18-grade officer, termed her appointment to the billet as a matter of great pride for her family and herself.
-Pakistan expected to get significant export orders at Istanbul fair
Pakistan Consul General in Istanbul Bilal Khan Pasha has said that the auto industry of Pakistan, especially the manufacturers of auto and tractor parts, tyres and tubes, has the potential to make inroads into the Turkish market.
“Turkish automakers and Pakistani engineering companies are negotiating to form joint ventures; in the next phase small and medium enterprises of the two countries will enter into partnerships,” Pasha said while talking to The Express Tribune on the sidelines of the Automechanica exhibition, which kicked off in Istanbul on Thursday. “This year, Pakistani companies manufacturing auto and tractor parts as well as tyre tubes are expected to get significant export orders at Automechanica, which will help increase non-traditional goods export from Pakistan to Turkey,” the consul general said.
-PM Imran urges lawmakers to share meal with homeless at govt shelters
Prime Minister Imran Khan on Saturday urged lawmakers to visit the homeless at government shelters and “share a meal with the people using them”.
The premier asserted that this practice will sensitise public representatives to issues faced by the bottom tier Pakistani society. “In the coming months I will personally monitor effectiveness of our poverty alleviation jihad,” the prime minister went on to add in a tweet.
submitted by FashBasher1 to pakistan [link] [comments]

Some news you may have missed out on part 79.

-Pakistan to host ‘AdAsia – Asian Advertising Congress’ this year
In a logo unveiling ceremony held at Faletti’s Hotel Lahore, on Sunday, it was revealed that AdAsia 2019 —Asian Advertising Congress is going to be held in Pakistan this year. AdAsia is the largest and most prestigious advertising congress in Asia, organized bi-annually by the Asian Federation of Advertising Associations (AFAA). The AdAsia 2019 Congress will be held in Lahore at the Lahore International Expo Centre from December 3 to 5. The theme for the Congress is ‘Celebrasian: Celebration of Advertising and Creativity in Asia’.
-IDB to lend Pakistan oil worth $4.5 bn
The spokesperson for the Ministry of Finance on Saturday claimed that the Saudi-backed Islamic Development Bank (IsDB) will lend Pakistan oil worth $4.5 billion. “The IsDB will lend Pakistan oil worth $4.5 billion over three years. The oil will be lent in three installments of $1.5 billion each every year,” the spokesperson added. The Ministry of Finance spokesperson further said that in the first phase they have received oil worth $100 million and oil worth $270 million will be lent in the second phase. “We are also in talks with the IsDB regarding lending of liquefied natural gas (LNG),” the spokesperson added.
-Economic revival: PTI government relief package earns Rs 125 billion immediately
The federal government’s relief package for the stock market in the ‘Mini-budget’ on January 23 has brought positive impact. KSE-100 index settled at 40,254 points with a rise of 958 points within one week. The business-friendly concessions including abolition of the advance tax of 0.02pc on share trading under Presumptive Tax Regime and super tax in the mini-budget have been welcomed by the stockbrokers and industrialists altogether.
-69 women constables complete elite commando training in K-P
Over 7,000 personnel of the Khyber-Pakhtunkhwa (K-P) police, including 69 women constables, have successfully completed a grueling Elite Commando Training Course. As per a statement issued by K-P police’s public relations, the police personnel completed training in 15 basic courses conducted at different training centres. Most policemen, including the women constables, voluntarily opted for the tough four-month long course. The communique also said another batch of women commandos is currently being trained and shall soon be elevated to the rank of elite commandos.
-Karachi police chief makes surprise visits, suspends four police officials
In a surprise move, Additional Inspector General Police Dr Amir Shaikh on Saturday visited different areas of the city, disguising himself as a common citizen to witness the performance the police force. A police spokesperson said that the Karachi police chief suspended four police officials, including two ASIs over violation of duty rules and harassing public. He said that the police officials were found harassing people instead of controlling traffic at MT Khan Road in Sultanabad. The officials were from Jackson and Sultanabad police stations, said the spokesperson and added that the police chief had directed SP Traffic city and DSP to submit report over the issue. In-charges of Jackson and Sultanabad police stations along with record keepers were also summoned by the AIG Dr Amir Shaikh, said the spokesperson.
-In a historical move, Pakistan elected as Vice Chair of Asia Pacific Ministerial Forum
Pakistan was elected as the vice chair at the third UN Environment’s Forum of Ministers and Environment Authorities of Asia Pacific that was held in Singapore from January 23 till January 25. The newswas revealed in a tweet by Adviser to Prime Minister on Climate Change Malik Amin Aslam. He said Pakistan got elected to the position owing to the country’s ‘sincere and dedicated’ environment preservation endeavours.
-Pakistan Army achieves historic milestone on Pakistan Afghanistan border fencing
Director General of Inter-Services Public Relations (ISPR) Major General Asif Ghafoor Sunday said work on about 900 kilometer fence along the Pakistan-Afghanistan border had been completed. Briefing a team of journalists and anchor-persons at Ghulam Khan, a bordering village in North Waziristan Agency,he said the work on erection of about 1200 km chunk, the most sensitive portion out of the total 2600 km long border with the neighbouring country, had commenced last year. Zero Point is the entry and exit point of Pakistan from Afghanistan where a formal border post was constructed last year Major Gen Asif Ghafoor said the project would cost about Rs 70 billion, which also included the cost of gadgets and surveillance equipment to keep strict vigil on the illicit movement from across the border. He said the fence had amply helped check the movement of terrorists from across the border and it would further assist after completion of the project which was expected to culminate next year. The visit of media-persons was conducted for the first time in the country's history as no such activity could have happened as all the area had been “no go area” for the civilians or even by the security forces themselves.
-Foreign Media representatives visit North Waziristan, stunned with Pakistan Army successes against terrorism
Local and foreign media representatives on Sunday visited Peshawar, Miranshah, and Ghulam Khan Border terminals along with Director General ISPR Major General Asif Ghafoor for the first time after military operations. It was the first direct interaction of the media with local people, who while standing in Miranshah Bazar, talked to reporters about improved peace situation and administrative issues in the area. They lauded Pakistan Army for its efforts in restoring peace and development.
-Pakistan Cement Exports register significant rise in first half of FY 2018 - 19
The export of cement from the country witnessed increase of 32.4 percent during first half of current fiscal year as compared to same period of last year. The export of the commodity increased to $157 million in July-December (2018-19) against the export worth of $118.586 million in sameperiod of last year, a latest data released by Pakistan Bureau of Statistics (PBS) said. In term of quantity, the cement export recorded 55.52 percent increase to 3.671 million Metric Ton (MT) during the period under review as compared to export of 2.36 million MT cement during same period of previous year. On year-on-year basis, the cement export jumped by 78.02 percent to $25.89 million in December 2018 from $14.54 million of cement export during December 2017, the data revealed. The overall export of goods during first half of current fiscal year recorded an increase of 2.19 percent to $11.216 billion against the exports of $10.976 billion recorded during same period of last year.
-KP Tourism. Potential stuns audience at International Tourism Fair in Europe
A large number of visitors, tourists and investors thronged the stall of Tourism Corporation Khyber Pakhtunkhwa (TCKP) at the tourism trade fair at Feria de Madrid, Spain, and showed keen interest in the KP’s tourism potential. The TCKP team highlighted salient features of the cultural and tourist resorts through video documentaries, pictures, brochures and posters. The visitors were informed that 70 percent of tourist resorts were located in KP and the foreign tourists can now visit any place without any restriction and obtaining Non-Objection Certificate. The KP participation in fair encouraged the international tour operators to bring cultural and mountaineering expeditions to the province, which will highlight Pakistan as one of the best tourist destinations for international tourists.
-Foundation stone laid for $200 million knowledge city in Pakistan, first ever in County's history
Prime Minister Imran Khan Sunday inaugurated the first academic block of the NAMAL Knowledge City. The vision behind Namal Knowledge City is to create a hub of knowledge exchange and research in Mianwali. The Knowledge City will include academic blocks, a knowledge center, a sports complex, sports grounds, a hospital, technology parks, business centers, shopping malls, a dairy farm, a resort, software houses, hotels, a primary school, and a housing colony for the faculty. A total of US$ 200 million will be spent on the construction of the Knowledge City which will be built on the concept of a zero carbon foot print and completed by the year 2027. It will have a population of 11,000 with construction spread over 4 million square feet. It will accommodate 7,000 students with 600 faculty members.
-E Rozgar Programme launched, Click for Registration
The Punjab IT Board and Ministry of Youth Affairs has jointly launched a three-month free E-Rozgar Training Programe for the youth, aimed at imparting vocational training to the jobless, enabling them to earn their livelihood honourably. In this regard, the admission has started for enrollment in these technical courses and the last date for the on-line registration is the 9th of the next month. The requisites of getting admission include that the applicant should have an NCIC, his minimum age 16, maximum age 35 and should be jobless.
-Pakistan China ink deal worth billions of dollars today: Report
A Chinese company will invest billion of dollars in mineral exploration and processing projects in Khyber Pakhtunkhwa. A Memorandum of Understanding in this regard has been signed in China today. According to Khyber Pakhtunkhwa Minister for Mineral Development Dr. Amjad Ali, the Chinese company will setup mineral industrial park in Rashakai Special Economic Zone.
-Pakistan's NESPAK completes 3,900 mega projects in Pakistan and across 37 countries of World worth Rs 19,000 billions
National Engineering Services Pakistan (NESPAK) has successfully completed 3,900 development projects within Pakistan and 37 in other countries with an accumulative cost of Rs 19,000 billion since its establishment, 45 years ago. NESPAK Managing Director Dr. Tahir Masood told media here Saturday that foreign countries where NESPAK has extended engineering consultancy services were mostly located in the Middle East, Far East, Central Asia and Africa. In this way, he added, NESPAK had placed the country on the export map of the world and was committed to provide multi-disciplinary engineering consultancy services with the highest level of professionalism and dedication.
-Government launches Dominted Bank bond
PTI government is launching yet another economic initiative for overseas Pakistanis to attract billions of dollars for balance of payment and enhancing reserves. PTI government is launching dollar-denominated diaspora bond named Pakistan Banao Certificate (PBC) on January 31st. The diaspora bond is being launched to take advantage of international savings of overseas Pakistani’s and bolstering its foreign exchange reserves. According to details shared by the Finance Minister Asad Umar , the certificates would be of two types, one of three years offering 6.25% return and the other with five-year maturity offering 6.75% return. Mr Umar said four banks had been selected to complete the transactions.
-Rupee hits seven-week high at 138.78
Pakistani currency has recovered to a seven-week high at Rs138.78 against the US dollar in inter-bank market on Friday, according to the State Bank of Pakistan, after the country successfully mitigated the risk of default following receipt of $2 billion from friendly countries. Simultaneously, the rupee revived to a four-week high at retail market to 139 against the greenback on Saturday, according to a forex website. “The $2 billion inflows from the UAE and Saudi Arabia (on Thursday and Friday) has partially eased the panic at currency markets,” said a banker on condition of anonymity.
-PM Imran discusses major proposals to revive PIA
As Pakistan International Airlines (PIA) struggles to rein in mounting losses, Prime Minister Imran Khan discussed major proposals presented at a high-level meeting to turn around the financially troubled national flag carrier. The prime minister chaired the meeting at the PM Office earlier this month, which was attended by top cabinet members, civil bureaucracy and military officers. The premier directed the authorities to arrange additional guarantees of Rs15 billion as interim relief for PIA. A proposal was endorsed to freeze PIA’s outstanding dues, amounting to over Rs80 billion, which were payable to the Civil Aviation Authority (CAA) along with late payment surcharge, according to minutes of the meeting available with The Express Tribune.
-World Bank releases $58m for house financing
The World Bank has disbursed $58 million for house financing in Pakistan and the federal cabinet has approved the transfer of the fund to Pakistan Mortgage Refinance Company (PMRC). “It ($58 million – Rs7.8 billion) is a World Bank credit line for PMRC,” PMRC Managing Director and Chief Executive Officer Mudassir Hussain Khan told The Express Tribune. “The cabinet has approved the transfer of the fund. It will take around a week to 10 days before the money reaches PMRC account.”
-Talks between Pakistan, China for FTA to begin next month
Federal Secretary for Trade, Younus Dagha has said that the talks between Pakistan and China for a Free Trade Agreement (FTA) will commence next month. Talking to a delegation of the Trade Development Authority’s officials in Lahore, he expressed optimism that the new trade agreement with China will help thrive national economy and would be in the best interests of both the friendly countries.
“The trade deficit of Pakistan has decreased by five per cent during the incumbent government and our exports are increasing day by day.” He said the expansion of the trade volume with India depends on the decisions of the governments of both the countries. He informed that trade with Afghanistan is also improving.
-Amended finance bill to reduce cost of doing business: PEW
The Pakistan Economy Watch (PEW) on Sunday said the recently amended finance bill will reduce the cost of doing business which in turn, will reduce the prices of many items. The move will support businesses and help exporters regain ground in the international market as the government has reduced and abolished several taxes to lift economic activities, it said.
The government will lose almost seven billion rupees in revenue but it will gain more in the shape of foreign exchange, said PEW President Dr. Murtaza Mughal. He said the recommendations will be applicable from the next fiscal term but it has already elevated business sentiments as many leading business groups are planning to boost investments.
-Economic reforms help PSX gain 958 points in week
The benchmark KSE-100 index accelerated by 958 points in the outgoing week and settled at 40,265 points, providing a weekly return of 2.44pc, owing to improved sentiment on account of the economic reforms package announced by the government.
The Finance Supplementary (Second Amendment) Bill, 2019 was broadly focused on improving ease of doing business, incentivizing export-oriented/industrial sectors and elimination of domestic growth hampering impediments. A key demand from the stock market to abolish the advance tax of 0.02pc was accepted, while the government also allowed capital losses to be carried forward for three years, thereby impacting the investor sentiment positively.
-Govt to announce medium-term economic framework in coming week: Hammad Azhar
The Minister of State for Revenue Hammad Azhar on Friday said the government will announce a medium-term economic framework in the coming week. The forthcoming medium-term economic framework will bring measures that will enhance exports and investments, said Azhar while speaking at a seminar on “Economic Reforms: Way forward”, organised by the Sustainable Development Policy Institute (SDPI), reports an English daily.
He shared the government is moving towards execution a direct taxation regime whilst gradually restricting indirect taxes. Mr Azhar underlined that the supplementary budget which was announced on Wednesday didn’t target fiscal and monetary measures but was an economic reforms package to resuscitate and enhance growth and investment.
-Economic reforms package to help boost exports, trade and investment
State Minister for Revenue Hamad Azhar on Friday said that economic reforms package announced by the PTI government will help in boosting exports, trade and investment.
Talking to a private news channel, he said the economic reforms package will prove to be helpful in overcoming the trade and fiscal deficit. Mr Azhar said due to effective economic policies of the Pakistan Tehreek-e-Insaf (PTI) government, the international investors are desirous of investment in Pakistan. The government is taking many steps for the revival and betterment of the economy, he added.
-Tale as old as time: Labyrinth of tunnels discovered under Lahore Fort
A labyrinth of underground tunnels, as well as hidden basements, has been discovered under Lahore Fort. Immortalised in short stories, these passages have always been hidden from the naked eye. However, during excavation, the Walled City of Lahore Authority (WCLA) has discovered two underground tunnels and an arsenal which are currently under restoration.
A symbol of the opulence of the Mughals, Lahore Fort has kept many a secret for hundreds of years; secrets which are now slowly being revealed.
During excavation and restoration work, WCLA recently discovered a passage of underground tunnels which run underneath the fortress. This has caused tourists, hungry for information on the underground tunnels, to throng to the citadel and present their own theories on how the passages were used.
-Indonesia, Pakistan ties poised for a quantum leap, says envoy
Counsellor and head of cultural section Embassy of Republic of Indonesia Deny Tri Basuki has said Indonesia and Pakistan share strong socio-cultural and religious bond rooted in history. Pakistan and Indonesia stand proudly together as two of the largest Muslim populated countries and emerging economies of creative and talented people. He expressed these views on the occasion of a business gathering organised by tourism ministry of Indonesia in collaboration with the Indonesian embassy. A large number of stakeholders hailing from the travel and aviation industry of Pakistan attended the event.
-Japanese aircraft take part in pre Aman-19 exercise
The Pakistan Navy is hosting the 6th series of AMAN-19 – a Multinational Maritime Exercise – in February 2019 in Karachi, and two Japanese Naval P3C aircrafts of Deployed Maritime Force for Anti-Piracy Enforcement (DAPE) visited the PNS Mehran in Karachi for the pre-AMAN-19 exercise.
According to a press statement issued by the navy’s Director General Public Relations (DGPR) on Saturday, the Japanese aircrew participated in various events including search and rescue (SAR) and counter piracy (CP) exercises along with the navy aircrew. The Japanese contingent also visited maritime and Pakistan Air Force (PAF) museums to learn about the historic achievements of the two forces.
-‘Chinese, Russian firms keen to invest in PSM’
Adviser to Prime Minister on Commerce Abdul Razak Dawood revealed that three Chinese and three Russian firms have shown interest in investing in Pakistan Steel Mills (PSM).
Addressing a ceremony held for the inauguration of International Steels Limited’s new plant, he said that the committee tasked with revival of PSM has drafted its recommendations and the Economic Coordination Committee (ECC) will make a decision by March.
-China has given Pakistan additional access to its market: Dawood
Prime Minister’s Adviser for Trade and Industry Abdul Razzak Dawood on Saturday said the government is working to hammer out national industrial and tariff policies, ARY News reported. Dawood while talking to industrialists in Karachi, said that China has granted Pakistan an additional access to its market. “We are working to slash unnecessary imports and increase exports”.
He said unnecessary items will be removed from shelves of super markets and precious foreign exchange will not be spent on such imports. The adviser said the government has taken effective steps to facilitate business in mini budget, which will be approved in next seven day.
-Pakistani Teacher Shortlisted for Cambridge’s Most Dedicated Teacher Award
Cambridge University Press has shortlisted a Pakistani teacher, Ahmed Saya, for the ‘Most Dedicated Teacher’ award. Ahmed Saya, an A-level teacher from Karachi, is one of the six brilliant minds around the world to be shortlisted for the prize. The competition included entries of 3500+ teachers from over 140 countries for the prestigious award. Cambridge’s official Twitter handle said it was a tough call, but they shortlisted six teachers for this year’s Dedicated Teacher Awards.
-Swiss Investor to Open A Chain of Luxury Hotels in Pakistan
Swiss International Hotels & Resorts is mulling to open a chain of its luxury hotels in different cities of Khyber Pakhtunkhwa (KP). The President and CEO of Swiss International Hotels & Resorts, Henri (Hans) WR Kennedie informed this to Chief Minister KP Mahmood Khan during a meeting on Friday. During the meeting, Henri told CM Khan that they were already working on a plan to establish luxury hospitalities in various parts of the province.
submitted by FashBasher1 to pakistan [link] [comments]

PM Modi's 17 Achievements During Foreign Visits In Last Few Weeks

Disclaimer: Extracted from a Facebook post by a senior policy maker.. Pasting it as it is, without any modifications
"Since last few days, I have seen few jokes on Narendra Modi's foreign visits.... and all people are curious why Narendra Modi visits so many countries, What India achieving from it. Few hidden achievements are as given below.
  1. BJP Govt. convinced Saudi Arabia to not charge “On-Time Delivery” Premium charges on Crude Oil – Young Petrolium minister Dharmendra Pradhan & External affair minister Sushma Swaraj seal the deal.
  2. India will build 4 Hydropower station + Dams in Bhutan (India will get share in Green energy will be produce in future)
  3. India will build Biggest ever dam of Nepal (China was trying hard to get that) – India will get 83% Green energy produce from that hydropower station in free – in future.
  4. Increased relationship with Japan and they agree to invest $30 Billion in DMIC (Delhi – Mumbai Investment Corridor)
  5. Increase relationship with Vietnam and Vietnam now agree to give contract of Oil exploration to ONGC-Videsh (UPA was not ready to take because they are worried of china – major conflict on south-china sea)
  6. Increase Oil Import from Iran despite there is ban by USA. Iran agree to sell in Indian rupees and it save our Forex. India didn’t stop to build “Chabahar” port of Iran.
  7. India – Australia (NaMo is first PM to visit Australia after 28yrs) Despite Australia is major supplier of Coal & Uranium. NaMo able to convinced Tony Abbott and now Australia will supply Uranium for our energy production.
  8. China favoring President lost election in Sri Lanka – Remember UPA lost “Hambantota” port development – read latest report of CIA where they mention RAW has major role in power shift of Sri Lanka. Now Modi has confirmed he is visiting Sri Lanka in April.
  9. With China as Trade Deficit was increasing – NaMo force either Anti-Dumping will be come soon or China have invest into India. – China commit $20 billion Investment in India.
  10. On Security – I think adding “Ajit Doval” in his team is the best decision by NaMo. See the recent tie-up with Pantagon, Israel & Japan. Remember I.K.Gujaral as PM stop RAW’s offensive operations in foreign countries.. Now see how we stop ‪#‎TerrorBoat‬ and listen his word … “Any Mumbai like attack from Pakistan and Pakistan will lose balochistan”
  11. India approve the Road in North east and around India china border – Remember Just because China’s oppose ADB (Asian Development Bank) didn’t give us fund during UPA regime and UPA hold that file under “Environment Ministry” node – Remember “JAYANTHI TAX” ?
  12. India manage to bring back 4000+ Indians from War zone Yemen and also bring foreign nationals of 41 different countries which put India’s name globally in rescue mission – PM Narendra Modi specially talk to Saudi Arabian king and tell him to allow Indian Airforce planes to fly – as Saudi Arabia was attacking on Yemen and Yemen sky was declared NO-FLY Zone.
  13. India’s Air defense was getting weaker day by day, NaMo has renegotiated Rafale fighter Jets deal with France and bough 36 Jets on ASAP basis.
  14. First time after 42yrs Indian Prime Minister visits Canada, in Bilateral deal, Indian able convince to Canada to supply Uranium for India’s Nuclear reactors for next 5yrs. It will be great help to resolve India’s Power problems.
  15. Canada approve On-Arrival visa for Indian tourists. This is incorrect. Its the other way round which actually happened: Canadians can now have visa on arrival in India.
  16. Till yet we were buying the Nuclear Reactor from Russia or USA and it was much like bagger kind of situation because they were worried about usage of Nuclear reactor for some other use. Now Narendra Modi able to convince France and now France will make Nuclear reactor in India. On MAKE IN INDIA efforts.. with collaboration with Indian company.
  17. During 26th Jan Visit of Barak Obama, NaMo convince USA to drop rule of Nuclear fuel tracking rule and sort-out Liabilities rules which now open the gates for next 16 Nuclear power plant projects."
Edit 1: Corrected the Canadian Visa 'achievement'
submitted by wordswithmagic to india [link] [comments]

Transcript of George Webb Video Series Part 101: "Hillary's Leakers, Hackers, and Henchmen" [@Georgwebb / #HRCRatlne]

submitted by browneyeofprovidence to TruthLeaks [link] [comments]

Achievements of NaMo in just few days after swearing! xpost /r/facebook. Whatsapp forward!

Disclaimer: Extracted from a Facebook post by a senior policy maker.. Pasting it as it is, without any modifications
"Since last few days, I have seen few jokes on Narendra Modi's foreign visits.... and all people are curious why Narendra Modi visits so many countries, What India achieving from it. Few hidden achievements are as given below.
  1. BJP Govt. convinced Saudi Arabia to not charge “On-Time Delivery” Premium charges on Crude Oil – Young Petrolium minister Dharmendra Pradhan & External affair minister Sushma Swaraj seal the deal.
  2. India will build 4 Hydropower station + Dams in Bhutan (India will get share in Green energy will be produce in future)
  3. India will build Biggest ever dam of Nepal (China was trying hard to get that) – India will get 83% Green energy produce from that hydropower station in free – in future.
  4. Increased relationship with Japan and they agree to invest $30 Billion in DMIC (Delhi – Mumbai Investment Corridor)
  5. Increase relationship with Vietnam and Vietnam now agree to give contract of Oil exploration to ONGC-Videsh (UPA was not ready to take because they are worried of china – major conflict on south-china sea)
  6. Increase Oil Import from Iran despite there is ban by USA. Iran agree to sell in Indian rupees and it save our Forex. India didn’t stop to build “Chabahar” port of Iran.
  7. India – Australia (NaMo is first PM to visit Australia after 28yrs) Despite Australia is major supplier of Coal & Uranium. NaMo able to convinced Tony Abbott and now Australia will supply Uranium for our energy production.
  8. China favoring President lost election in Sri Lanka – Remember UPA lost “Hambantota” port development – read latest report of CIA where they mention RAW has major role in power shift of Sri Lanka. Now Modi has confirmed he is visiting Sri Lanka in April.
  9. With China as Trade Deficit was increasing – NaMo force either Anti-Dumping will be come soon or China have invest into India. – China commit $20 billion Investment in India.
  10. On Security – I think adding “Ajit Doval” in his team is the best decision by NaMo. See the recent tie-up with Pantagon, Israel & Japan. Remember I.K.Gujaral as PM stop RAW’s offensive operations in foreign countries.. Now see how we stop ‪#‎TerrorBoat‬ and listen his word … “Any Mumbai like attack from Pakistan and Pakistan will lose balochistan”
  11. India approve the Road in North east and around India china border – Remember Just because China’s oppose ADB (Asian Development Bank) didn’t give us fund during UPA regime and UPA hold that file under “Environment Ministry” node – Remember “JAYANTHI TAX” ?
  12. India manage to bring back 4000+ Indians from War zone Yemen and also bring foreign nationals of 41 different countries which put India’s name globally in rescue mission – PM Narendra Modi specially talk to Saudi Arabian king and tell him to allow Indian Airforce planes to fly – as Saudi Arabia was attacking on Yemen and Yemen sky was declared NO-FLY Zone.
  13. India’s Air defense was getting weaker day by day, NaMo has renegotiated Rafale fighter Jets deal with France and bough 36 Jets on ASAP basis.
  14. First time after 42yrs Indian Prime Minister visits Canada, in Bilateral deal, Indian able convince to Canada to supply Uranium for India’s Nuclear reactors for next 5yrs. It will be great help to resolve India’s Power problems.
  15. Canada approve On-Arrival visa for Indian tourists.
  16. Till yet we were buying the Nuclear Reactor from Russia or USA and it was much like bagger kind of situation because they were worried about usage of Nuclear reactor for some other use. Now Narendra Modi able to convince France and now France will make Nuclear reactor in India. On MAKE IN INDIA efforts.. with collaboration with Indian company.
  17. During 26th Jan Visit of Barak Obama, NaMo convince USA to drop rule of Nuclear fuel tracking rule and sort-out Liabilities rules which now open the gates for next 16 Nuclear power plant projects."
submitted by InternetOfficer to bakchodi [link] [comments]

Why did Modi go to so many places? (FB)

You will not be disappointed after reading this.
  1. Jawahar Lal Nehru – 16 years 286 days
  2. Indira Gandhi – 15 years 91 days
  3. Rajiv Gandhi – 5 years 32 days
  4. Narasimha Rao – 4 years 11 months
  5. Manmohan Singh – 10 years 4 days….. In these total 57 years, these people could not get Achche din”
Pappu wants achche din in just 12 months. Such a Shame Double Standard thinking……
We have elected a prime minister not a magician. (Must Read)…..
Why is Narendra Modi making more foreign visits ???
  1. For the first time after 42 yrs Indian Prime Minister visited Canada not to attend some meeting but as a specific state visit, in a Bilateral deal, India was able convince to Canada to supply Uranium for India’s Nuclear reactors for next 5 years. It will be of great help to Resolve India’s Power problems. . . .
  2. Canada approves visa on arrival for all Indian tourists. . . .
  3. Australia is set to sign a Nuclear Power deal with India to supply around 500 tonnes of Uranium to India……
  4. Satya Nadella (Microsoft), Indra Nooyi (Pepsico), Sheryl Sandberg (Facebook), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook) discusses possible investments……
  5. Israel inks $5 million deal for Joint Educational Research programme……
  6. $20 billion investment from Xi and his Chinese counterparts……
  7. 2 Billion Euros support from France for sustainable development in India……
  8. Airbus to increase outsourcing in India from 400 million euros to 2 billion euros over the next five years……
  9. French National Railways has agreed to co-finance an execution study for a semi- high speed project on upgradation of the Delhi-Chandigarh line to 200 kmph…….
  10. Canada agrees to supply 3,000 metric tonnes of uranium to India from this year to power Indian atomic reactors…….
  11. Japan and India agree to jointly produce mixed rare earth.
And While we are all yearning for a transformation, development, etc. There is someone who is actually setting up the infrastructure for it……
Marketing of ‘Brand India’ has never been so important……
Number of days Modi stayed abroad touring 15 countries as a PM on official trips = 45……
Number of days Rahul stayed abroad (Bangkok) without informing his voters = 57…….
Now read the description below: 1. BJP Govt. convinced Saudi Arabia not to charge “On-Time Delivery 1 Premium charges” on Crude Oil – Young Petroleum Minister Dharmendra Pradhan & External Affairs Minister Sushma Swaraj sealed the deal. Saved the country thousands of crores… . .
  1. India will build 4 Hydroelectric power stations + Dams in Bhutan (India will get lion’s share in Green energy that will be produced in future from these projects) . .
  2. India will build Biggest ever dam of Nepal (China was trying hard to get that) – India will get 83% Green energy produce from that hydro power station for free – in future. . . . .
  3. Increased relationship with Japan and they agreed to invest $ 30 Billion in DMIC (Delhi – Mumbai Investment Corridor)..
  4. Increased strategic relationship with Vietnam and Vietnam has now agreed to give contract of Oil exploration to ONGC-Videsh (UPA was not ready to take this at all because they were worried about China – and getting into a conflict of interests on south China sea)
  5. Increase Oil Imports from Iran, despite the ban by USA. . Iran agreed to sell in Indian Rupees and it saved our Forex, not just for now, but protected India from future currency fluctuations. India also gets to build “Chabahar” port of Iran, encircling Pakistan. Because we well have exclusive access for our Naval ships in this port.
  6. Australia- despite Australia being a major supplier of Coal & Uranium. . . NaMo was able to convince Tony Abbott and now Australia will supply Uranium for our energy production. . .
  7. China leaning President Rajapakse lost elections in Sri Lanka – Remember UPA lost “Hambantota” port development – read latest report of CIA, where they mention RAW has played a major role in power shift of Sri Lanka. Sri Lanka has backed out of Chinese contract and shifted to Indian project managers.
  8. With China, as Trade Deficit was increasing, NaMo forced their hand. Anti-Dumping will come soon so China will invest heavily into India. – China has already committed $ 20 billion Investment in India. That’s nearly ₹140,000 crores.
  9. On Security – I think adding Ajit Doval to his team is the best decision by NaMo. See the recent tie-up with Pentagon, Israel & Japan. . Now see how we stopped the Terror Boat and listen to his words … “Any Mumbai like attack from Pakistan and Pakistan will lose Baluchistan!” That’s the language of deterrence that I want to hear as an Indian. We won’t hit first, but if you do, we surely won’t turn the other cheek…. . . .
  10. India approved the border road in the NorthEast and around India- China border – Remember just because of China’s opposition, the ADB (Asian Development Bank) didn’t give us funds during UPA regime and UPA held that file under “Environment Ministry control – Remember the infamous “JAYANTHI TAX “? No one bothered about the disastrous effect on our armed forces.
  11. India managed to bring back 4,500+ Indians from War zone in Yemen and also brought foreign nationals of 41 different countries, which put India’s name onto the highest platform globally in conducting that rescue mission – PM Narendra Modi specially talked to the new Saudi Arabian king Salman and told him to allow Indian Airforce planes to fly – as Saudi Arabia was attacking on Yemen and Yemen skies was declared NO-FLY Zone: thanks to this we got an assured clear window of a few hours and guys guess who coordinated this? Ajit Doval, Sushama Swaraj and Gen V K Singh. All in person…. When was the last time you ever heard of ministers involved personally in such efforts that didn’t fetch thousands of crores?? Guess the religion of those rescued?? But it isn’t secular.
  12. India’s Air defense was getting weaker by the day, UPA was very happy to let it happen despite repeated specific inputs from the armed forces, NaMo renegotiated Rafale fighter Jets deal with France personally and bought 36 Jets on ASAP basis. At better than rack rates. No middlemen, no commissions…
  13. $35 billion investment by Japan over a period of 5 years and along with it their expertise in making bullet trains……
  14. Till recently we were exclusively buying Nuclear Reactors from Russia or USA and it was much like beggar kind of situation because they were worried about usage of Nuclear reactor for some other use. So only what they opted to give us, we could get. . Now Narendra Modi was able to convince France and now France will make Nuclear reactors with the latest technology in India. On MAKE IN INDIA efforts.. with collaboration with an Indian company as a partner. . .
  15. During 26th Jan. visit of Barack Obama , NaMo convinced USA to drop rule of Nuclear fuel tracking and sorted out Liabilities rules which now open the gates for next
  16. Nuclear power plant projects. . . . Isn’t this good enough to improve the lot of India?
Let’s be sensible to analysis & make a judgment. Specially, for those who questioned about Modi’s foreign trip..
submitted by -------_------- to india [link] [comments]

How to Invest in Pakistan Stock Exchange Market - A Step ... How to Register a Private Limited Company in Pakistan ... How to Buy Money Making Online Businesses In Pakistan for ... How to Select a Stock Broker in Pakistan - Urdu - YouTube How to Register a Company in Pakistan  SECP Private ...

In order to register your company in Pakistan, you need to pay a small fee for both registrations as well as for incorporation. The payments are received at any branches of the Muslim Commercial Banks (MCB) and they can be paid with any bank Challans. Once the payment is done the SECP will ask you to provide the following documents including; Declaration of compliance. Identification of ... FBS Pakistan is one such financial company having a dedicated website for Pakistan Forex traders. Additionally, the site offers its content in the Urdu Language, which help traders to understand Forex trading in Urdu. Pakistan Forex traders have the freedom the choose from several brokers available in the industry. However, you must check the ... Open in app. Arzish Azam. 312 Followers · About. Follow. Get started. aHow to Register a Private Limited Company Online in Pakistan? Arzish Azam. Jan 24, 2016 · 5 min read. Pakistan, legal ... Put your How To Open A Forex Trading Company trades to copy the best traders of the world and earn money without doing much work. Groundbreaking software, which you can get freely by clicking on the button below. Average Return Rate: Depends on the trader you choose to copy US Customers: Not Accepted; Compatible Broker Sites: Anyoption Best Forex Brokers Pakistan. To find the best forex brokers in Pakistan, we created a list of all brokers that list Pakistan as a country they accept new customers from. We then ranked brokers by their Trust Score Ranking. Here is our list of the best forex brokers in Pakistan. Saxo Bank - Best VIP client experience; IG - Best Overall Broker 2020 The incorporation time of a limited liability company in Pakistan is generally six weeks. The registration is also subject to approval from the Board of Investment and you also need to obtain clearance from the Ministry of Interior. #2 Single Member Company. Foreign investors, apart from Israeli nationals, can also set up a single member company in Pakistan with only one shareholder. Just like ... To register any company in Pakistan you need to decide the name of the company and check its availability on the SECP website. You should look at section 10 of the companies Act, 2017 . This means that is you are a Pakistan based forex trader, you can open an account with one of these top forex brokers if they are available in Pakistan and from there you simply have to follow the brokers own regulation to start trading forex. The steps here are simple and mean that you just need the relevant documents to complete ID and address verification before funding your account. Top 10 ... FX trading company: As forex trading in Pakistan is legal and allowed, many Pakistanis are investing in FX. Despite being legal, the trader has to take care of the guidelines framed by SECP. The only currency which is related to the traditional national currency is allowed to trade. These currencies include USD, EUR, JPY. For trading in forex, people use to head over towards the forex trading ... Forex.pk is neither a currency exchange company nor it is affiliated with any money exchange dealer so we doesn't offer any type of currency trading or money transfer facility. Forex.pk maintains accuracy by timely updating Pakistan Open Market dollar rates received from various authentic sources for the interest of public. However these are ...

[index] [8379] [21815] [24581] [18637] [27144] [23731] [3881] [18041] [29042] [11617]

How to Invest in Pakistan Stock Exchange Market - A Step ...

Want to convert your savings into profits in Pakistan Stock Exchange (PSX) ? If yes then watch this video. In this video Zafar Securities have explained all ... Learn how to buy ready made established websites that are making money. Become an owner of an online business. #HowToBuyWebsites #OnlineBusiness #inPakistan ... Setup your limited liability company under the companies act 2017 as Private limited company. Evolution Business Consultants (Pvt.) Ltd.We help people to sta... #CompanyRegistration#BusinessRegistration#EvolutionPkHow to register a Private Limited Company in Pakistan in 2019?Hey friends! Welcome back to Evolution Busine... This video is all about how to select a stock broker in Pakistan. There are four main points while selecting a stock broker which are as follow: a. Reputatio...

http://binary-optiontrade.timeplofoti.tk