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EconomyDuring the first four months of FY19, China hasn’t provided any commercial facility and in FY18, FY17 it had given around $4.8 billion commercial loans, excluding SAFE deposits
EconomyThe WTO member nations cautioned if Pakistan provided rebates on wheat export again, it would initiate dispute settlement proceedings against the country
EconomyThe EAC subgroup put forward the suggestion of having an integrated tax system at the federal and provincial levels
EconomyThe hiring of these individuals by FBR would be made under the World Bank-funded program, ‘strengthening tax system and building tax policy’.
HeadlinesMr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
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Economy
EconomyIn June, the apex court had directed cellular companies and the tax regular from collecting various taxes from customers in event of credit top-ups in prepaid phones
HeadlinesAt present, Nepra has only two members from Balochistan and Punjab respectively in the five-member authority
EconomyPak Suzuki Motors is planning to introduce four new cars and Suzuki Alto 660CC is expected to replace Mehran 800CC in April 2019.
EconomyNotably, Sindh was an exception compared to the other three provinces which posted a growth of 10.8% in provincial taxes during the 1st quarter of FY19
HeadlinesA recent report released by the Competition Commission of Pakistan (CCP) highlighted that there were no standards in existence in Pakistan for vehicle assembly and parts manufactured