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The forum also decided to review some recommendations relating to automotive sector after six months. The Finance Minister expressed satisfaction on the decline in the prices of sensitive commodities and appreciated the provincial governments for taking administrative measures to reduce the gap between the wholesale and retail price. Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over the meeting of the National Price Monitoring Committee , held at the Finance Division, today. He further said that the present government has introduced reforms in Agriculture, Industry, IT , housing, investment and other sectors and promotion of tourism as vital for economic growth. NPMC was updated on the prices of wheat flour and the meeting expressed satisfaction on the stability in the Wheat flour prices and availability of sufficient stocks of wheat in the country. NPMC was informed that prices of 22 items remained stable and 25 items registered increase in prices which contributed increase in the SPI by 0.54%.

NPMC was updated on the prices of wheat flour and was informed that there was stability in the Wheat flour prices in the country. However, the slight variation in the Wheat flour prices was due to the disruption in the supply caused by rain and fog. Mr. Roel Van Neerbos, President and CEO of Food & Beverages, Royal Frieslandcampina, Ali Ahmed Khan, MD, Frieslandcampina Engo Pakistan Limited and senior officers of Finance Division participated in the meeting. In his remarks, Finance Minister Mr. Shaukat Tarin appreciated the World Bank for being a source of support in pursuing reform agenda and implementing various development projects for the country. He further said that Pakistan values the financial and technical support provided by the World Bank for the institutional reforms and economic development of the country. On another summary of Ministry of Energy, Petroleum Division, for revision of gas price of Mazarani Gas field held by M/s PPL and GHPL, the ECC approved the proposal of revision of gas price applicable to Mazarani Gas Field from US$ 1.75/MMBTU to US$ 3.75MMBTU from 1st September 2021.

Askari Bank Selects Finastra To Power Its Trade Finance Business

The CEO of Supernet Ltd says the company’s listing offers investors a 60pc discount over the sector-wide average. Saadiq Business Mortgage Finance is based on the Islamic structure of “Diminishing Musharakah”. Diminishing Musharakah is a form of co-ownership in which the Bank and customer share the joint ownership of a tangible asset in an agreed proportion. It is agreed that one of the co-owners will purchase, in periodic instalments, the share of the other co-owner until the ownership of that tangible asset is completely transferred to the purchasing co-owner . Furthermore, along with the purchase of share, the co-owner will also make agreed periodic payments for the usage of other co-owner’s share in the asset, till ownership of the asset is completely transferred to the customer.

So, to deal with the expected short fall in the month of Ramzan due to hike in prices, Federal Minister for Finance and Revenue approved the tax relief of 10% on import of edible oil for the month of April and May. The tax relief measure on import of edible oil is being undertaken for short term to ensure smooth supply of edible oil to consumers as 90% of nation’s annual demand for ghee/cooking oil is dependent on imported inputs. Askari Bank has chosen Finastra’s trade finance solution, Fusion Trade Innovation, to digitalize its trade finance business.

Oil, Ghee And Steel Sectors: Input Tax Adjustment Disallowed On 778 Goods

The graduates may work as a Financial Accountant, Forensic Accountant, Management Accountant, Auditor, Chief Financial Officer, Financial Advisor and Tax Specialist. BS Accounting and Finance is a 4-years programme, which covers intensive Accounting and Finance Syllabi. The programme is a mix of strong accounting and finance conceptual framework and soft skills needed to excel in these areas. The objective of JCBIF,peer reviewed journal,is to publish theoretical and empirical research which contribute to development in the areas of contemporary business management, finance and Islamic financial management in line with modern research trends. Ministry of Commerce submitted a summary for rationalization of tariff on import of vehicles and other items requested by MOIP & other sectors. The meeting discussed the summary in details and approved recommendations of the Tariff Policy Board with some modifications.

Meeting Of Women Council Of Eco Cci: Delegates Told About Challenges Smes Face

The course provides a broad understanding of the principles and practices of Business Finance. The main emphasis is on the major financial decisions made by companies and the valuation of investments. The course is designed to provide basic knowledge about the principles, concepts, and terminologies which are applicable to the current business practices. It is a short term facility in which the Bank orders the manufacturer/ to manufacturer goods as per the specification of local/ export order.

Get full access to your account, transfer funds, make bill payments, mobile money transfers and airtime purchases via Online and Mobile Banking . Whether you are a trader, service provider or manufacturer with funding requirement of up to Rs. 15 million, ABL’s Allied Business Finance is an ideal fit to cater to your financial / working capital needs. Students with FA/FSc or equivalent qualification ndand having at least 2 division, securing 45% marks in aggregate will be eligible to apply. Candidates scoring less than 40% marks, each in the test and interview, shall stand disqualified for admission. Rozee.pk is not in business with below-mentioned companies due to multiple fraudulent recruiting complaints/activities which begun with fictitious interview inquiries sent by instant message , email, or text. If the employer asks you to pay money for any purpose including processing to shortlisting, please immediately report at .

Federal Minister for Industries & Production Makhdoom Khusro Bakhtiar, Provincial Chief Secretaries, Economic Advisor Finance Division, Chief Statistician PBS, MD Utility Stores Corporation, Deputy Commissioner ICT and other senior officers participated in the meeting. While prices of 24 items increased that contributed increase in SPI by 0.53% which included Tomatoes by 0.22%, Garlic by 0.01%, Petrol by 0.16% and others by 0.14%. He further discussed some proposals for the proliferation of dairy industry in Pakistan and sought support of the government in this regard. The petroleum products are showing substantial increase in the international market and presently trading at highest level since 2014. The oil prices have witnessed an increase of 14.5% just in last month in the global market. The existing Sales Tax rate and Petroleum Levy on various petroleum products are much below the budgeted targets.

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