Year: 2013

DHA Islamabad: FBR digs out non-NTN holder investors

The Directorate General of Intelligence and Investigation Inland Revenue, Federal Board of Revenue, has identified all investors, including both buyers and sellers, who have invested in DHA Islamabad, but doing business without obtaining any tax identifier – National Tax Number (NTN). Sources told Business Recorder here on Saturday that the directorate has completed a detailed exercise for …

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Overseas Pakistanis send $14.9bn as global remittances grow

WASHINGTON: In 2013, Pakistan received a total of $14.9 billion from its nationals working abroad, says a report prepared by a US think-tank, Pew Research Centre. India was the top global recipient of remittances in the year ending this week, followed by China. They also were the top receiving nations among middle-income countries.In 2013, India …

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Two Islamabad sectors to be dedicated for overseas Pakistanis

 Finance Minister Senator Muhammad Ishaq Dar directed the Security Exchange Commission of Pakistan (SECP) to draft necessary regulation for the setting up of a Real Estate Regularity Authority to regulate the real estate sector on par with modern jurisdiction.  He made these observations during the presentation by the SECP at the Finance Ministry on Monday. …

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One window facility for overseas Pakistanis demanded

  Islamabad Chamber of Commerce and Industry (ICCI) urged the government on Saturday to establish a one-window facility in each province as well as at the local chambers of commerce for overseas Pakistanis to facilitate them in making investments in the country. Overseas Pakistanis were a great assets of the country and many of them …

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PPP, PML-N oppose giving voting right to overseas Pakistanis

Central leaders of the PPP and PML-N on Tuesday opposed a bill meant to help Pakistanis living abroad to exercise their right to vote. Senior PPP leader Raza Rabbani was the first to oppose the bill during a meeting of the Senate Committee on Law and Justice convened to consider the Electoral Laws (Amendment) Ordinance, …

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Over 6.3mn Pakistanis working around the globe

Over 6.3 million Pakistanis are living and working around the globe while there are 18 countries, where the figure of Overseas Pakistanis is more than 30,000, an official of Ministry of Overseas Pakistanis said on Wednesday. Talking to APP, official said that Overseas Pakistanis were playing a dynamic and active role in strengthening the economy …

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