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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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Pakistan to work closely with Trump Administration to strengthen bilateral relations; CPEC offers Pakistan an excellent opportunity to upgrade basic infrastructure and will bring prosperity and connectivity : Dar
News Image   WASHINGTON, Apr 26 (INP) Finance Minister Senator Ishaq Dar Tuesday said that Pakistan is looking ahead to work closely with the Trump Administration to further enhance and strengthen bilateral relations between the two countries. He commented that Pakistani Diaspora is playing an important role in acting as a bridge between Pakistan and the US to further bilateral relations. More
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Chinese FM urges voice of peace, reason over Korean Peninsula issue
News Image   ATHENS, Apr 24 (INP): Chinese Foreign Minister Wang Yi here urged all sides to make voices of peace and reason on the Korean Peninsula issue, and reiterated China's consistent and definite stand on denuclearizing the Peninsula. More
updated 12 minutes ago
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