KCCI asks Sindh Govt. to discontinue SRB’s tax collection for next four to six months

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested Chief Minister Sindh to devise some kind of an effective mechanism for providing immediate relief to the perturbed businessmen and industrialists by directing Sindh Revenue Board (SRB) to discontinue collection of all types of taxes including Services Tax and other levies.

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Government releases Rs 100 billion refunds to industry

Under the government’s Rs 1,240 billion stimulus package announced by the Prime Minister on 27th March, the government has released Rs 100 billion to industry under tax refunds on 2nd April 2020. Dr Abdul Hafeez Shaikh, Advisor to PM on Finance & Revenue noted that these are unprecedented steps taken by the government to support business and employment in difficult times.

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World Bank provides US$ 200 million to Pakistan for Covid-19 Pandemic response

Federal Minister for Economic Affairs, Mr. Muhammad Hammad Azhar witnessed the signing ceremony through video link for Project “Pandemic Response Effectiveness in Pakistan” worth US$ 200 million with the World Bank held at Economic Affairs Division in this afternoon. Dr. Syed Pervaiz Abbas, Federal Secretary of Economic Affairs Division signed the financing agreement on behalf of Government of Pakistan while Provincial project agreements were signed by the designated officers of Provincial Governments.

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NIC & Jazz xlr8 launch an online National Health Hackathon to tackle the Coronavirus Pandemic

The coronavirus (COVID-19) is affecting the way we act, interact and run our businesses in Pakistan and globally. These challenges present a unique opportunity for individuals who are developing solutions for communicable diseases. To come up with solutions for COVID-19 preparedness & responsiveness, the National Incubation Center (NIC) and Jazzxlr8 have launched the National Health Hackathon to find solutions for current and future healthcare emergencies, through an All-Online Hackathon.

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KPT handling in last 24 hours

Karachi port trust has updated about cargo handling activities of Karachi port during the last 24 hours ending at 0700 hours.     

04 Ships berthed and 03 Ships has sailed off from Karachi Port during this period.

Cargo Handling Turnover

The total cargo handled at Karachi Port during the last 24 hours closed at 121,654 Metric Tons

The breakup shows that the port has handled 26,638 Metric Tons of export cargo and 95,016 Metric Tons of import cargo during the said period.

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