The SVP of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Khawaja Shahzeb Akram, has demanded that the unfair and burgeoning sales tax imposition on Solar Power Equipment should be exempted for the consignments whose Letters of Cr…
The Board of Public-Private Partnership Authority (P3A) has rejected the consultant’s proposal for a subsidy of Rs. 533 billion for the Karachi Circular Railway (KCR) project for over 30 years, and has instead decided to pay a 40 percent Viability Gap …
Pakistan issued the much-awaited $1 billion Ijara Sukuk in the global market on Monday, 24 January.The dollar-denominated Islamic bond comes with a 7.95 percent yield payable on a semi-annual basis and a seven-year time to maturity up to 31 January 202…
The production of mobile handsets by local manufacturing plants during the calendar year 2021 stood at 24.66 million compared to 13.05 million in 2020, registering an increase of 88 percent.The commercial imports of mobile handsets stood at 10.26 milli…
The Khyber Pakhtunkhwa Assembly has passed “Urban Areas Development Authorities, Amendment Bill, 2022”.The session of the Provincial Assembly was held in Peshawar on Tuesday with Deputy Speaker Mahmood Jan in the chair.Meanwhile, addressing a ceremony …
President Dr Arif Alvi has apologized to an aged taxpayer over administrative injustice by the Federal Board of Revenue.The President, in a press release issued on Sunday expressed dismay over the treatment of an 82 years old tax payer by FBR.He direct…
The government has increased the prices of petroleum products in view of the rising oil prices trend in global market.According to the notification issued by the Finance Ministry, the price of petrol has increased by 3.01 rupees per litre, High Speed D…
All Pakistan Sugar Mills Association (PSMA), Islamabad Thursday termed its meetings with the federal and provincial governments as futile as they did not produce any solid outcome in the issues facing the sugar industry.In a statement, a PSMA spokesman…
