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EconomyState-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss
Headlines
HeadlinesA team of senior income tax officers has been set up to commence an operation against tax evaders and Thursday’s raid was the start, according to Chief Commissioner Corporate Regional Tax Office, FBR, Karachi
EconomyThis is part of efforts to widen the tax net and officials at the tax regulator stated the government might revise the provision to include names of late filers of income tax returns in the Active Taxpayers List (ATL)
Also, a stipulation of Type Approval has also been enforced on the import of used mobile phones and according to KEDA President Muhammad Rizwan, this could result in government raising prices by as much as Rs20,000
HeadlinesThe industrial sector has felicitated the incumbent administrations' decision to reconstitute the EDB and voiced hope it will make all-out efforts for industrial growth
EconomyAccording to PBS data, imports from approximately all of the categories leaving agricultural and petroleum groups contracted in the first half of current FY18-19
EconomyAccording to the official, the current administration was working upon rationalizing subsidies for agricultural crops in hopes of enhancing cotton cultivation
EconomyThe sources shared the finance ministry wanted to curb the current account deficit at about 0.2% of gross domestic product (GDP) by 2022-23
EconomyMurad Ali Shah said the process of automation of all procedures for starting a business via Sindh Business Registration Portal was at its concluding stages
EconomyThe sources said the reason for the records went missing were pertaining to the transfer of its previous system into Oracle Enterprise Resource Planning (ERP), which kept a day-to-day record of business transactions
EconomyThe firm has expressed interest in investing in water and power projects which include 7,100MW Bulji, 2,200MW Tangus, 800MW Mohmand Dam, 52MW Nauseri and 2,800MW Yulbo projects