Saturday, April 27, 2024
Main Menu

Friday, May 26th, 2017

 

Salaries of govt employees raised by 10pc in Budget 2017-18

Salaries of govt employees raised by 10pc in Budget 2017-18

ISLAMABAD, MAY 26 (DNA) – Finance Minister Ishaq Dar, during his Budget 2017-18 speech on Friday, announced a salary raise for government employees in the country. A 10pc hike in salary has been given to the people working in government institutions. According to details, ad-hoc reliefs added in 2009-10 will be incorporated into the salaries. A 10% special allowance will also be provided in the salaries of Pakistan Army soldiers. 10% percent has been allowed in salaries and pensions of government employees. Let us take a look at the previous trendsRead More


SBP to observed ‘Bank Holiday’ on May 29

The State Bank of Pakistan (SBP) will remain closed for public dealings on May 29, 2017, which will be observed as `Bank Holiday for the purpose of deduction of Zakat, according to the notification. Moreover, it was stated that all banks, development finance institutions (DFI) and microfinance banks (MFBs) will remain closed for public dealing on May 29, 2017. The employees of all banks, DFIs and MFBs were told to attend their offices on the Bank Holiday treating it as a normal working day. Earlier, SBP announced Ramazan timings from 8:00am to 2:15pm (without break) from Monday to Thursday and 8:00am to 1:00pm (without break) on Fridays, All banks, development finance institutions and microfinance banks were asked to follow the schedule. Business (banking) hours for public dealing on Monday to Thursday will be from 8:00am to 1:45pm without any break whereas on Friday business (banking) hours for public dealing will be from 8:00am to 12:30pm without any break. After the holy month of Ramzan-ul-Mubarak, the timings will automatically be reverted to pre Ramzan-ul-Mubarak timings.

MAY 26 (DNA) – The State Bank of Pakistan (SBP) will remain closed for public dealings on May 29, 2017, which will be observed as `Bank Holiday  for the purpose of deduction of Zakat, according to the notification. Moreover, it was stated that all banks, development finance institutions (DFI) and microfinance banks (MFBs) will remain closed for public dealing on May 29, 2017. The employees of all banks, DFIs and MFBs were told to attend their offices on the Bank Holiday treating it as a normal working day. Earlier, SBPRead More


Ruet-e-Hilal Committee to meet today for Ramazan moon sighting

Committee

ISLAMABAD, MAY 26 (DNA) – The Central Ruet-e-Hilal Committee will meet today (Friday) at the Ministry of Religious Affairs at 6:00 pm for the sighting of Ramazan moon. Chairman Ruet-e-Hilal Committee Mufti Muneeb-ur-Rehman will preside over the meeting. The meetings of zonal and district Ruet-e-Hilal committees will also be held today at their respective headquarters for collecting evidences with respect to the sighting or other wise of the Ramazan moon.


Ishaq Dar unveiling Budget for fiscal year 2017-2018

Ishaq Ishaq

ISLAMABAD, MAY 26 (DNA) – Finance Minister Ishaq Dar has on Friday presented the federal budget worth Rs 4778 billion for the fiscal year 2016-17 in the National Assembly. Finance minister Ishaq Dar is at the moment delivering the last budget speech of the current government.. This budget may have a direct effect on the ruling party’s position in the upcoming elections. The development budget for this year’s budget is 1.001 trillion whih indicated the government’s commitment for development work in the country as it is 25% more than theRead More


Nepal intends to learn from Pakistan’s federal parliamentary system: Nepal Ambassador

http://www.dnanews.com.pk/nepal-intends-to-learn-pakistan/

ISLAMABAD, MAY 26 (DNA) – Ambassador of Nepal to Pakistan Sewa lamsal Adhikari said that Nepal would have federal governance structure soon for which guidance and support from Pakistan will be helpful. She expressed these views while meeting with Federal Secretary for National History and Literary Heritage (NHLH) Division, Engineer Aamir Hasan on Friday. She said Nepal aspires to learn from the experiences of Pakistan regarding federal parliamentary system. Sewa lamsal Adhikari said Pakistan and Nepal can explore different avenues for enhancing collaboration in culture, education and literature. A draftRead More


Argentine ambassador says relations with Pakistan growing

ISLAMABAD, MAY 26 (DNA) -To commemorate the 207th anniversary of the first Independent Government on May 25th 1810, the Argentine Ambassador Ivan Ivanissevich hosted a reception at the beautiful garden of his residence, which was a well-attended affair. Federal Minister for Ports and Shipping Mir Hasil Khan Bizenjo was the chief guest. The Argentine Ambassador invited many of his Pakistani friends, including politicians, businessmen and Argentinean nationals working or living in and around the capital. The Argentine Ambassador mentioned about recent meeting between Prime Minister Sharif and Argentine President MacriRead More