FBR seeks cabinet approval to tax illegal mobile phones
As per the envisaged plan, the FBR has determined a plan to levy a tax on all those smuggled phones which are presently inactive and are stocked in shops as unsold
Consumers can save Rs6.5 billion annually if Sindh withdraws LNG cess: CCP
Sindh government charges development cess at a rate of 1.15% on all LNG imports since it has not interpreted LNG as a petroleum product
Amid tall FBR claims, sugar mills continue to evade taxes
ISLAMABAD: The Federal Board of Revenue (FBR) seems helpless to take action against the mighty sugar mafia involved in tax evasion, sources said...
NEPRA jacks up power tariff by 47 paisa per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday approved a raise of 47 paisa per unit in the tariff of all power...
Lack of quorum may render NEPRA dysfunctional
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is likely to become dysfunctional as the federal government has so far failed to appoint...
Govt formulises plan to meet gas demand this winter
ISLAMABAD: The government on Thursday has presented the gas load shedding plan for winters with an aim to provide gas to domestic and...
Tesla cuts China car prices to absorb hit from trade war tariffs
The electric carmaker, led by billionaire CEO Elon Musk, said it will cut prices of the two models by 12-26 percent to make the cars more “affordable” in the world’s top auto market, where sales of so-called new-energy vehicles are rising fast
UBL to voluntarily wind-up its branch in New York
In July, UBL had been directed by Federal Reserve Bank of New York (FRBNY) to strengthen its anti-money laundering policies as the regulator criticized it for not doing enough to track dubious transactions
Pakistan listed among top 3 beneficiaries likely to gain in import substitution from US-China trade war: Report
In case, if the trade war continues between the US and China, Pakistan would be the least likely beneficiary of production relocation of industrial units from China
Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses
Front-month Brent crude oil futures were at $63.28 per barrel, down 20 cents, or 0.3 percent, from their last close
Mobile phone imports grow 11.84% in October to $61.189 million
Last month’s figure was down by 1.79 percent when compared to $62.306 million in September 2018, data released by the Pakistan Bureau of Statistics (PBS) revealed
USDA projects Pakistan’s sugar production may decline to 6.5 million tons in 2018-19
The projected decline in sugar production has been attributed to a reduced area as farmers shifted to other crops like cotton and corn because of better prices and faster return on their investment
‘Govt to establish small energy units to meet demand’
ISLAMABAD: Power Division Minister Omar Ayub Khan on Tuesday said the government was focusing on power generation, transmission and establishment of small energy...
Iran to combat petrol smuggling to Pakistan, other areas
TEHRAN: Iran is reintroducing fuel cards that will cap petrol purchases in a bid to combat rampant smuggling, state media reported on Tuesday.
Smuggling...
NEPRA determines tariff for 50MW wind power project
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has determined the reference generation tariff of 50MW wind power project and intimated the determination...