Gas crisis grips Karachi as CNG owners announce protest
The CNG associations are all set to protest tomorrow (Wednesday) as the Sui Southern Gas Company (SSGC) has announced to halt gas...
Cabinet approves conditional supply of subsidised gas to CPPs
ISLAMABAD:Â The federal cabinet, while approving the supply of Rs25 billion worth subsidised gas to export-oriented industry, has imposed a ban on captive...
‘Sin tax’ to increase cigarette pack price by Rs10
The federal government is intending to generate more than Rs70 billion every year from the imposition of ‘sin tax.’
The health ministry has...
‘Govt striving hard to address low gas pressure issue’
ISLAMABAD:Â Petroleum Minister Ghulam Sarwar Khan said on Tuesday that steps were being taken to rectify the problem of low gas pressure faced...
Govt released Rs240.8m under PSDP to facilitate industrial sector
ISLAMABAD:Â The government has so far released Rs240.890 million for various developmental projects of Ministry of Industries and Production under its Public Sector...
No duty payable on phones being used on roaming for less than thirty days: Azhar
For these phones to be registered, Mr Azhar said it can be done at either the airports or in any of the Customs houses across the country and phones aren’t detained during the process of registration/duty payments
WPP to spend almost $400 million to reboot world’s biggest ad group
WPP added that full-year organic net sales were likely to be down by 0.5 percent this year, an improvement on the 1 percent drop it predicted in October, after trading stabilized
Hubco completes acquisition of 37% stake in ThalNova
In April 2016, ThalNova had been granted a power generation licence for establishing a 330-megawatt coal-fired power plant at Thar coal mine south, Sindh
Oil prices rise on Libyan export interruption, but markets remain weak
International Brent crude oil futures were at $60.19 per barrel at 0336 GMT, up 19 cents, or 0.3 percent, from their last close
EDB asks FBR to take back regulatory duty on locally manufactured auto parts
The EDB letter states while finishing the meeting, Secretary Industries and Production suggested the FBR exclude SRO 655 (I)/2006 from the purview of regulatory duty
Govt dismisses demand to provide Rs6.6 billion subsidy on local sugar sale
Another request of the sugar industry to permit state-owned Trading Corporation of Pakistan (TCP) to procure 20,000 tons of sugar from the millers was also rejected by the government
MNCs continue to flourish amid flawed taxation system
Profits of Philip Morris have doubled since the introduction of highly controversial third-tier tax slab by the former govt
ISLAMABAD: Multinational companies (MNCs)...
Sin tax on tobacco industry to adversely impact multinational companies
'Besides encouraging illicit trade, taxation on 'sin products' will eventually reduce production volume, govt's revenue'
KARACHI:Â The federal government is planning to impose...
Pakistan remittances growth to remain flat at 6.2% in 2018: World Bank
Pakistan’s remittances as a percentage of GDP was 6.9% in 2018, ranked at 3rd behind Nepal at 30.1% and two positions above India at 2.8%
With PM taking personal interest will the K-Electric deal finally materialize?
On news of SEP’s delegation meeting with the PM, led to a surge in selling and buying of K-Electric shares and it ended Friday as the market volume leader with 13.90 million shares traded