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ISLAMABAD: The government on Wednesday announced a Ramazan package worth Rs 2 billion to provide essential commodities at subsidised rates to the people at Utility Stores Corporation (USC) outlets from Friday.
He came on board as IMSC's director in January 2005, having served on USC's faculty for two years.
The university referred to the funding is "critical," as USC houses the country's sole National Science Foundation Industry/University Cooperative Research Center for Fuel Cells.
The bankruptcy court rejected the debtor's argument as to 11 USC Section 525, but in line with the reasoning of In re Macher, 303 BR 798 (WD VA 2004), ordered the IRS to process and consider the OIC.
PhrMA sued CMS in federal court alleging that the PDP violated provisions (42 USC [section]1396r-8(b)(1)(A)) that require manufacturers only to pay rebates for drugs "for which payment was made under the state plan." In addition, PhrMA alleged that the PDP violated the nominal co-payment limitations.
Managing Director, USC Omar Lodhi informed the Committee that the Organization was paying taxes worth PKR 6 billion to the Federal Bureau of Revenue (FBR), per annum which is causing the organization a bottom line negative of PKR 7 billion.
He explained that the USC provides daily use items to the poor and low-income people at discounted rates.
The USC has asked the government to pay 10% to 15% of this amount to the companies and also sought a 75% advance from the Rs2 billion Ramazan package.
The Committee discussed the performance of the USC and Small and Medium Enterprises Development Authority (SMEDA).
USC will finish the season at home against rival No.
The last round of negotiations between USC labour union's chairman Arif Hussain Shah and Adviser to the Prime Minister Abdul Razaq Dawood proved fruitful.
The USC employees staged protest on Tuesday demanding increase in their salaries and permanent jobs.
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