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Daily Archives: June 25, 2019

Bitcoin trades above $11,000, after 10pc weekend jump


June 25, 2019

LONDON: Bitcoin tested 15-month highs on Monday after jumping more than 10 per cent over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The original cryptocurrency hit $11,247.62 on the Bitstamp exchange late on Sunday — its highest since March last year. It later pulled back, …

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FBR restores advance duty on tobacco


June 25, 2019

ISLAMABAD: The Federal Board of Revenue (FBR) has restored the advance Federal Excise Duty (FED) for Green Leaves Thrashing Units (GLTs) at Rs10. FBR Chairman Syed Shabbar Zaidi on Monday informed the National Assembly’s Special Committee on Agriculture Products that the board proposed to increase the duty to Rs300 from next fiscal year, but on the very committee’s recommendation the …

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Meera falls hopelessly in love with Osman Khalid Butt in new Baaji song


June 25, 2019

Upcoming Meera-starrer Baaji shows us the glitz and glam of the entertainment industry but looks like there is a love story in it as well. The latest track from the film, ‘Ik tu’ by Zeb Bangash, is out and the video features Meera – who plays Shameera, we had to say it – and Osman Khalid Butt enjoying the wonders …

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Mohsin Abbas Haider is about to drop some singles


June 25, 2019

Good news for all those waiting for new Pakistani music: Mohsin Abbas Haider is about to release some new singles. Mohsin is a jack of all trades artist who sings, acts, writes and hosts as well. In a recent conversation with Images, he revealed that he’s working on releasing new singles! “Music is definitely in the pipeline. It’s taking time …

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Nadia Jamil turned down a role opposite SRK in Veer-Zaara


June 25, 2019

Nadia Jamil, who’s known for her social work and sharp wit on Twitter recently appeared on Rewind with Samina Peerzada and revealed some interesting information. She said it was a turning point in her career when she met Veer-Zaara director, the late Yash Chopra. She shared that she had been offered the role of Rani Mukherjee opposite Shahrukh Khan in …

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Senate seeks abolishment of amnesty scheme, minimum wage at Rs30,000


June 25, 2019

ISLAMABAD: The Senate on Monday adopted all of the 61 recommendations of its standing committee on finance and revenue, asking the National Assembly to delete the much-talked Asset Declaration Scheme, the Stamp Act of 1899 and West Pakistan Motor Vehicles Taxation Act 1958 from the Finance Bill 2019-20. The upper house praised the committee headed by Dr Farooq H. Naek …

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PM Imran forms body to ease business registration


June 25, 2019

ISLAMABAD: Prime Minister Imran Khan on Monday approved the constitution of a steering committee on Pakistan Regulatory Modernisation Initiative (PRMI) to help devise a regulatory framework for simplifying the process of business registration. The government said that the high-powered body will support the business community to start new ventures and attract investments by improving the ‘ease of doing business’ ranking …

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Up to 200% increase in gas prices for domestic consumers sought


June 25, 2019

The Petroleum Division has sought an increase of up to 200 per cent in the prices of gas for domestic consumers with effect from July 1, 2019. The summary prepared by the division based on the decision of the Oil and Gas Regulatory Authority (Ogra) has been sent to the Economic Coordination Committee (ECC), which is expected to take it …

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