Fertiliser industry: Country to import Rs 452bn urea yearly if gas supply falls
The country will have to spend approximately Rs 452 billion annually on import of urea if the government further cuts the supply of gas to seven fertiliser plants that have production capacity of 6.9 million tonnes urea.
Transaction of $2,500 or above: Exchange cos directed to retain CNIC
In order to strengthen anti-money laundering laws, SBP has directed all the exchange companies to retain copies of identification documents of their customers making outward transactions and other transactions equal or above $2,500.
Providing telecommunication facility: USF spends Rs 29.123bn in unserved areas
To serve the unserved and less developed areas of the country, the Universal Services Fund (USF) has spent Rs 29.123 billion during the last five years. These amounts were spent on provision of telecommunication services. more... (DT)
Presidential election: former governor Mamnoon PML-N candidate
Pakistan Muslim League-Nawaz (PML-N) has picked up a party loyalist from Sindh Mamnoon Hus-sain as its presidential candidate, who is expected to clinch the top constitutional slot, given the numerical strength of the party in parliament as well as four provincial assemblies. more...(BR)
Government fails to push through poorly crafted energy policy: task force formed
The government has been unable to push through the energy policy from the Council of Common Interests (CCI) after the provinces expressed their reservations and sought time to review the proposed amendments. more...(BR)
Food exports expand 11.35% to $4.7bn in FY 2012-13
Food exports from the country increased by 11.35 percent to $4.7 billion during the fiscal year 2012-13 as compared to the corresponding period of last year.
FBR has no access to 'goldmine of data': 0.3 million tax profiles available with Nadra
The Federal Board of Revenue has no access to 'goldmine of data' or 0.3 million individual tax profiles prepared with the help of Nadra data - now especially required for the ongoing exercise of broadening the tax-base. more...(BR)