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Working on changing NAB law, says PM

Working on changing NAB law, says PM July 16, 2021 TASHKENT/ISLAMABAD: Prime Minister Imran Khan on Thursday said the government was working to change the National Accountability Bureau (NAB) law. The prime minister, in an interactive session with Pakistani businessmen in Tashkent, said unnecessary regulations were also being done away with to encourage and promote the small and medium enterprises (SMEs). The prime minister told the entrepreneurs that the present government was committed to remove impediments in the way of various businesses and industries, including the pharmaceutical industry. He said Pakistan and Uzbekistan had a lot of potential for joint ventures between their private sectors for mutual benefit.

Traders threat to go for countrywide strike if section 203-A is not withdrawn

Traders threat to go for countrywide strike if section 203-A is not withdrawn July 11, 2021 Traders have threatened to launch a countrywide protest from the platform of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) against the government if Section 203-A of the recently passed Finance Act 2021-22 is not withdrawn that empowers to arrest and prosecute any person for concealment of income to assistant commissioners of Inland Revenue Service merely based on an accusation or doubt. They also chanted slogan “give respect to traders and business community: anti-traders laws rejected”. The “Tajir Convention”, which was organized by the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) at a local hotel of Lahore, was attended by all major bodies and associations of traders from across Punjab.

PM Imran Khan to head National Export Development Board formed by Commerce Ministry

PM Imran Khan to head National Export Development Board formed by Commerce Ministry
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NAB rejects remarks of SAPM Tabish Gohar

NAB rejects remarks of SAPM Tabish Gohar July 1, 2021 ISLAMABAD: The National Accountability Bureau on Wednesday rejected the remarks of Special Assistant for Energy and Petroleum Tabish Gohar delivered during a speech in the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) by terming it baseless, fabricated and contrary to the facts. The NAB, while brushing aside the remarks, said that the Special Assistant for Energy and Petroleum had tried to create a negative image of NAB in the business community besides attempting to influence the sub judice LNG reference and allegedly benefit the accused involved in the reference. The NAB in its official announcement said that the NAB had decided to officially seek the copy of the statement of Tabish Gohar delivered in FPCCI, Karachi, from PEMRA (Pakistan Electronic Media Regulatory Authority) and analyse it in the light of Clause 31 (a) of the NAB ordinance, afterwards the law will take its course.

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