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Editor n Cheif : Syed Asif Salahuddin
Editor: Tariq Sumair
 
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  Local banks incapable of meeting CPEC requirements: PBIF
   
 
ISLAMABAD, Feb 17 (INP): President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said local banks are not capable enough to meet the requirements of CPEC. Government should ask banks to increase their strength and invite big foreign banks to step into Pakistan’s promising market, he said. Mian Zahid Hussain said that FBR has started implementation of establishing 41 buildings on the economic corridor to handle tax related issues. Now government should immediately increase budget and number of employees of the Apex tax agency so that it could handle tax matters properly. He said that the most important project is establishment of proper facilities on the Pak-China border in Gilgit-Baltistan (GB) where the related facilities are not up to the required level. The business leader said that government should ensure that all the project initiated by the FBR should be completed without any complication leading to delay. He noted that the current administration has started giving incentives to the staff of the FBR which will have a positive impact on the overall performance. The decision of the government to resolve the longstanding disputes between taxpayers and tax collectors is laudable which will reduce the burden on the tax agency, he said.
 
 
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CPEC will usher in regional economic connectivity and shared prosperity of nations in West and central Asia: Tariq Azim Khan
News Image   OTTAWA, Mar 26 (INP) “23rd march is a day when we renew our commitment to develop the Country in accordance with the principles of justice and equity, the real objective of the creation of Pakistan”, said Tariq Azim Khan, High Commissioner of Pakistan, while paying tribute to the Father of the Nation and other leaders of the freedom movement, at a reception hosted by the High Commission to celebrate Pakistan Day at Ottawa. More
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Al Qaeda leader Qari Yasin involved in attacks on Sri Lankan team, GHQ, Marriot Hotel bombing killed in drone attack: Pentagon
News Image   WASHINGTON, Mar 26 (INP) A US drone strike in eastern Afghanistan on March 19 killed the senior Al-Qaeda military commander Qari Yasin, who has been linked to numerous attacks in Pakistan, the US military confirmed on Saturday. More
updated 12 minutes ago
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