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Friday, 27 November 2015


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Richardson praises CA, NZC for playing historic day-night Test
ISLAMABAD, Nov 26 (APP): The International Cricket Council (ICC) Chief Executive David Richardson on Thursday was all praise for Cricket Australia, New Zealand Cricket and their teams for having the vision to engage the historic day-night Test milestone for world cricket.
The show must go on: Afridi
ISLAMABAD, Nov 26 (APP): Pakistan's Twenty20 skipper Shahid Afridi believes the show must go on referring to the Pak-India series but said it will be great if India tours Pakistan in this difficult time for support.

MSMST Football team wins series in Bahrain
PESHAWAR, Nov 25 (APP): Football Team of Malik Saad Memorial Sport Trust (MSMST) Khyber Pakhtunkhwa currently on the visit to the state of Bahrain won three matches series against Al-Shabab Football Club by scoring 6 goals at International Football Stadium at Essa Town in Bahrain.
Coaches Jayasuria, Buchanan, Prasad sign for PSL
KARACHI, Nov. 25 (APP): Sri Lankan legend Sanath Jayasuriya, former Australian World-Cup winning coach John Buchanan, and former Indian pacer Venkatesh Prasad are the latest signing on the Pakistan Super League (PSL) coach roster, it was announced on Tuesday.
Babar bags six wickets for Hyderabad Region
ISLAMABAD, Nov 24 (APP): In the Pool A, Babar Khan of Hyderabad Region bagged 6 wickets for 59 restricting Islamabad Region to a total of 211 runs in their first innings in the round five of the Quaid-e-Azam Cricket Trophy match here at the Diamond Ground.
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SECP inks agreement with MCB for paying collection services PDF Print E-mail

ISLAMABAD, May 22 (APP): Securities and Exchange Commission of Pakistan (SECP) here Thursday inked an agreement with Muslim Commercial Bank (MCB) for paying collection service.

Under the agreement, 500 branches of MCB across the country will accept the payments to be made by the public and corporate entities to the SECP.

Agreement to this effect was signed here by Rashid I Malik, Commissioner SECP on behalf of his organization while Muhtashim Ashai, Senior Vice President/Group head wholesale banking of MCB inked the agreement on behalf of the bank here Thursday.

Chairman SECP Razi-ur-Rehman Khan, Commissioners Salman Sheikh and Tariq Hussain, Executive Directors of the Commission Javed Siddiqui and Nazxir Shaheen, Head of Internal and External Affairs of the Commission Imran Ghaznavi, Aali Shafi Executive Vice President and Divisional head cash management of the MCB, Naeem Saigol Vice President/National Sales Head of the Bank, and Sobia Iftikhar and Mariam Pervaiz also present and witnessed the ceremony.

Rashid I Malik speaking on the occasion said that the selecting of the MCB has two reasons and the one was the presence of large nextwork of the bank to facilitate the payments of public and corporate entities to SECP through MCB.

He added that SECP has eight regional companies across the country and the public and corporate entities were facing problems in submitting their payments through these companies.

“Now these companies can fill a form electronically and the payment will be made through the bank”, he remarked.

The Commissioner SECP said that under the agreement, general public and corporate entities will no longer have to obtain bank challan forms from or other sources , while these will be available on the web site of SECP and can be printed from the desktop.

The payments, he said against these forms can be deposited in any of the 500 MCB Bank branches.

He added that as part of the government initiative of introducing the e-governance and the SECP has started this initiative.

Chairman SECP Rizur Rehman speaking on the occasion said that De-mutualization act has yet to be passed.

He added that Capital Gain Tax on holdings is also levied in the foreign countries and its should also be imposed in the country.

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