PRGMEA shows concerns over duty drawback of taxes 2017-18Â
KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central, Shaikh Mohammad Shafiq has expressed grave concerns about the decreasing trend...
Haroon Akhtar seeks greater S. Korean investments in Pakistan
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said that the business and investment environment in Pakistan...
Increased CPEC-trade flow, business activity to boost revenues: Member FBR
ISLAMABAD:Â The Federal Board of Revenue's member in the Facilitation and Taxpayers Education (FATE) wing, Nausheen Javaid Amjad has said the increased trade...
SECP registers 1,125 new companies in March 2018
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in March, registered 1,125 new companies, raising the number of registered companies to 84,783. Compared...
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...
Punjab’s tax collection rises to Rs32bn from Rs8bn a decade ago: Shuja ur Rahman
LAHORE: Punjab's tax collection has increased to Rs32 billion compared to Rs8 billion a decade ago, on the back of an expanding...
SECP notifies new AAOIFI shariah standards for public consultation Â
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has fast-tracked the adoption of Shariah standards to bring about harmonisation and standardisation...
CCP to hold an open hearing on Auto sector on April 12
KARACHI: The Competition Commission of Pakistan (CCP) is holding a public hearing on the auto sector on April 12 in Islamabad, and has invited all...
Exports surge by 13.14pc, trade deficit widens by 17.3pc in first 9 months
KARACHI: The country’s exports have enhanced by 13.14 per cent in first nine-months of the current fiscal year to $17.081 billion, as...
Health Ministry asks policy review of reducing cigarette prices to save livesÂ
ISLAMABAD: Contrary to the claim of the local tobacco industry about the market share of non-duty paid/illicit cigarette brands, a study has...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
Tax rates for banks should be reduced in 2018-19: PBA
KARACHI: Pakistan Banks’ Association (PBA) has demanded from the government to delete Section III (4) of the Income Tax Ordinance 2001 and the...
FBR’s third tax slab and enforcement drive hurts illicit tobacco
PESHAWAR:Â The policy from the Federal Board of Revenue (FBR) to introduce a third tax slab for cigarettes and step up its enforcement...
Chinese investors seek business in local ceramics sector
LAHORE: A Chinese delegation from the city of Zibo has expressed keen interest to have joint ventures in the ceramics sector of...
Government lacks legitimacy to announce budget this month: experts
ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...