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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...

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...

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,...

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...

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...

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...

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...

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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