HeadlinesNepra recommends suspending licence on delayed distributed generation
Nepra proposed to limit the distributed generation facility capacity at 150 percent of the approved load of the applicant’s premises
Jul 24, 2018
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Headlines
HeadlinesPakistan to set up 100-acre ‘weaving city’
Jul 23, 2018
HeadlinesPakistan-assembled Hyundai cars to roll out in March 2020
Jul 23, 2018
HeadlinesCPEC road projects hit snags as NHA defaults on payments
Jul 23, 2018
EconomyMobile, branchless banking transactions are fully regulated: SBP
SBP stated retail agents were part of the distribution network of telecom companies which also work in conjunction with banks/MFBs via service level agreement to give financial services under the jurisdiction of BB Regulations notified
Jul 21, 2018
EconomyGovt seeking $2 billion funding from AIIB, Swiss bank for construction of dams
After the conclusion of the meeting, Water and Power Development Authority (Wapda) Chairman Lt Gen Muzammil Hussain stated the fund-raising had got a good response from the public which had donated Rs260 million so far
Jul 21, 2018
EconomyAttraction in tax amnesty scheme waning: Report
During July, the FBR has fetched around Rs3 billion in taxes under the tax amnesty scheme
Jul 21, 2018
EconomyProposal under consideration to raise customs duty by 1 percent on all imported items
Various options are under contemplation to raise additional customs duty by 1 percent on all tariff lines of 7,200 items or increase RD on over 1,550 items
Jul 21, 2018
HeadlinesOECD launches new programme to assist Pakistan in enacting global tax standards
The country is an active member of the Inclusive Framework on BEPS and the Global Forum on Transparency and Exchange of Information for Tax Purposes
Jul 21, 2018
EconomyFood imports post meagre 0.68 percent rise to $6.185 billion during FY18
Also, PBS data revealed oil imports surged 32.1 percent, touching $14.4 billion in just concluded FY18 due to rise in global prices of petroleum causing the import bill to surge.
Jul 21, 2018
EconomyTextile exports increase 9 percent to $13.53 billion during FY18
During June, textile sector’s exports touched $1.194 billion, declining 0.84 percent against $1.204 billion in May 2018 and decreasing 1.94 percent compared to $1.27 billion exports in June 2017
Jul 21, 2018
HeadlinesDifferences between Ogra and oil industry hampering oil storage mechanism
In 2017, Ogra had stopped over a dozen oil marketing companies (OMCs) from widening their retail outlet networks because of their failure to establish comparable storage capacity needed under government rules
Jul 20, 2018