imposes

US imposes sanctions on Chinese institute, firms for supporting Pakistan’s ballistic missile program Dtrends

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US imposes sanctions on Chinese institute, firms for supporting Pakistan’s ballistic missile program Dtrends

The US State Department on Thursday imposed sanctions on a Chinese research institute and several companies it said have been involved in supplying Pakistan’s ballistic missile programme. Washington similarly targeted three China-based companies with sanctions in October 2023 for supplying missile-applicable items to Pakistan. Department spokesperson Matthew Miller said in a statement that the Beijing … Read more

Govt imposes austerity measures: Ban on state-funded vehicle purchases and overseas medical treatment D_Trends

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Govt imposes austerity measures: Ban on state-funded vehicle purchases and overseas medical treatment D_Trends

ISLAMABAD: In a decisive move to enforce austerity, the federal government has announced a “complete ban” on several types of expenditures, including the purchase of new vehicles and state-funded medical treatments abroad. This directive, issued by the Finance Division this week, is part of broader efforts to reduce public spending amidst growing criticism over the … Read more

IMF imposes strict conditions on Pakistan after Punjab’s electricity subsidy move D_Trends

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IMF imposes strict conditions on Pakistan after Punjab’s electricity subsidy move D_Trends

The International Monetary Fund (IMF) has imposed three new conditions on Pakistan after the Punjab Government Rs14 per unit electricity subsidy for two months.  According to a news report, the IMF has demanded that this temporary subsidy be terminated by September 30th and has made it clear that no provincial government will be allowed to … Read more

PFF imposes lifetime ban on 22 former officials D Trends

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PFF imposes lifetime ban on 22 former officials D Trends

This undated photo shows Pakistan Football Federation (PFF) house in Lahore. — Geo Super website/file KARACHI: The Pakistan Football Federation (PFF) Disciplinary Committee has imposed a life ban on 22 former officials, including Syed Ashfaq Hussain Shah, Amir Dogar and Sardar Naved Haider, for their involvement in creating a parallel association and orchestrating a hostile … Read more

CCP imposes Rs 5 million penalty on Diamond Paint for deceptive marketing D_Trends

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CCP imposes Rs 5 million penalty on Diamond Paint for deceptive marketing D_Trends

The Competition Commission of Pakistan (CCP) has taken decisive action against M/s Diamond Paint Industries (Pvt) Ltd., imposing a penalty of PKR 5 million for violating Section 10 of the Competition Act, 2010, which prohibits deceptive marketing practices. The CCP said in its statement that a bench, led by the Chairman Dr Kabir Ahmed Sidhu … Read more

Govt imposes fixed excise duty on labour visa air tickets to Gulf states Dtrends

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Govt imposes fixed excise duty on labour visa air tickets to Gulf states Dtrends

ISLAMABAD: The federal government has imposed a fixed Federal Excise Duty (FED) of Rs5,000 on air tickets for passengers travelling to Gulf countries on labour visas. The Federal Board of Revenue (FBR) issued a notification detailing the new tax on Wednesday. According to the FBR’s notification, under Clause (i) of Sub-Clause (b) of Serial Number … Read more