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Local steel industry still unable to avail tax exemptions in Gwadar
ISLAMABAD: Although the government had announced tax exemptions for local suppliers of construction materials working on projects in Gwadar, the steel industry claims that...
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FBR prepares ‘mini-budget’ to raise tax on vehicles, mobile phones
ISLAMABAD: The Federal Board of Revenue (FBR) has prepared a mini-budget based on conditions set by the International Monetary Fund (IMF) for resuming the...
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Govt gives the boot to finance secretary Yusuf Khan
ISLAMABAD: The federal government on Thursday removed Yousaf Khan from the post of secretary Finance.
According to a notification by the Establishment Division, Yusuf Khan,...
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ADB confirms Pakistan’s inclusion into energy transition mechanism
ISLAMABAD: The Asian Development Bank (ADB) has confirmed Pakistan’s inclusion into its first-ever Energy Transition Mechanism aimed to support energy mix conversion over clean...
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Dollar soars to Rs176.65 in intraday trade, reaches new high
The Pakistani currency plunged to an all-time low of Rs176.65 against the US dollar during intraday trading on Thursday.
In the interbank market, the local...
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FBR increases immovable property valuation rates
ISLAMABAD: The Federal Board of Revenue (FBR) has increased the valuation rates of immovable properties by 25 to 110 per cent.
As per details, the...
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Imports of food items, furnace oil and vaccines to be cut down, Tarin informed
ISLAMABAD: Prime Minister's Adviser on Finance and Revenue Shaukat Tarin on Thursday was briefed that there will be less import of food items, furnace...
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President stresses digitisation of land for improvement in real estate sector
ISLAMABAD: President Dr Arif Alvi on Thursday said that the digitisation of land records is essential for the country's real estate sector to progress...
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