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Punjab govt to establish insurance company


Punjab govt to establish insurance company
National
February 4, 2021
LAHORE: The Punjab government has been working for establishing an insurance company of the province following the good performance of the insurance sector of the country.
In this regard, a couple of meetings have been held for deliberations. Punjab Finance Minister Hashim Jawan Bakht has assigned the task to Bank of Punjab (BoP) President Zafar Masud to provide required assistance to the government of Punjab.
According to official documents available with The News, the BoP president on the instructions of the minister hired the consultancy services of a famous charted accountant firm. The document stated: “The Bank of Punjab has hired consultancy services of M/s KPMG Taseer Hadi for conducting a feasibility study to establish the insurance company.” The document stated that after analyzing the performance of the insurance sector in Pakistan and assessing the feasibility for establishing ....

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Punjab to make new pension rules


Punjab to make new pension rules
National
January 6, 2021
LAHORE: Punjab Finance Minister Hashim Jawan Bakht has directed the department concerned to make new pension rules for the newly-recruited government employees while the unutilised funds of the government institutions in the banks should be for resources generation.
The volume of the development budget could be increased for the next fiscal year by increasing the government revenue generation from these funds and public-private partnership. The minister said this while chairing a meeting Tuesday to review the unutilised resources; released budget and current financial situation of the ongoing financial year.
The meeting was attended by Finance Secretary Abdullah Sumbal, Additional Secretary Mujahid Sher Dil and other officers concerned of the department. The minister observed that exaggerating the volume of the budget by manipulating the number was not a miracle rather utilisation of the released budge ....

Abdullah Sumbal , Mian Aslam Iqbal , Lahore Development Authority , Punjab Small Industry Corporation , Small Industries Corporation , Punjab Small Industries Corporation , Punjab Finance Minister Hashim Jawan Bakht , Finance Secretary Abdullah Sumbal , Additional Secretary Mujahid Sher Dil , அப்துல்லா சூம்பல் , மீயந் அஸ்லம் இக்ப்யால் , லாகூர் வளர்ச்சி அதிகாரம் , பஞ்சாப் சிறிய தொழில் நிறுவனம் , சிறிய தொழில்கள் நிறுவனம் , பஞ்சாப் சிறிய தொழில்கள் நிறுவனம் , பஞ்சாப் நிதி அமைச்சர் ஹாஷிம் ஜவான் பக்ஹ்ட் , நிதி செயலாளர் அப்துல்லா சூம்பல் ,

Punjab to Draft New Pension Rules for Govt Employees


Punjab to Draft New Pension Rules for Govt Employees
Punjab’s Minister of Finance, Hashim Jawan Bakht has stressed the need for new pension rules for newly-recruited government employees and stated that unused government funds must be diverted to resource generation activities.
He highlighted these issues while chairing a meeting to review the underutilized resources, the released budget, and the financial situation in the ongoing fiscal year.
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The Finance Secretary, Abdullah Sumbal, the Additional Secretary, Mujahid Sher Dil, and other officers of the department also attended the meeting.
During the meeting, Bakht suggested that revenue could be generated from both the unused funds and public-private partnerships, and can be used to increase the volume of the developmental projects. ....

Abdullah Sumbal , Lahore Development Authority , Hashim Jawan Bakht , Finance Secretary , Additional Secretary , Mujahid Sher Dil , அப்துல்லா சூம்பல் , லாகூர் வளர்ச்சி அதிகாரம் , ஹாஷிம் ஜவான் பக்ஹ்ட் , நிதி செயலாளர் , முஜாஹித் ஷெர் தில் ,

Punjab to have new pension rules: provincial finance minister


Punjab to have new pension rules: provincial finance minister
By
Wednesday Jan 06, 2021
In this file photo, a woman in a face mask counts rupee notes as she walks on a street in Islamabad on April 9, 2020. Photo: AFP
Punjab to make new pension rules, says Finance Minister Hashim Jawan Bakht
Chairs meeting to review underutilized resources, released budget and current financial situation of province
Says 61.4% of the budget released for development funds has already been utilised in the ongoing financial year
LAHORE: Punjab Finance Minister Hashim Jawan Bakht has said new pension rules should be made for newly-recruited government employees, while any government funds not being utilised should be diverted to resource generation activities. ....

Abdullah Sumbal , Lahore Development Authority , Finance Minister Hashim Jawan , Punjab Finance Minister Hashim Jawan Bakht , Finance Secretary Abdullah Sumbal , Additional Secretary Mujahid Sher Dil , Lahore Development , அப்துல்லா சூம்பல் , லாகூர் வளர்ச்சி அதிகாரம் , நிதி அமைச்சர் ஹாஷிம் ஜவான் , பஞ்சாப் நிதி அமைச்சர் ஹாஷிம் ஜவான் பக்ஹ்ட் , நிதி செயலாளர் அப்துல்லா சூம்பல் , லாகூர் வளர்ச்சி ,