Business
FBR announces 15% holding tax on profits of national savings schemes
July 4, 2021
FBR announces 15% holding tax on profits of national savings schemes
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a 15% holding tax on the profits of National Savings Schemes…
SBP amends foreign exchange regulations
July 3, 2021
SBP amends foreign exchange regulations
KARACHI: State Bank of Pakistan (SBP) has notified revisions in foreign exchange regulations for export of goods from Pakistan. According…
Imports of mobile phones, telecom apparatus surge to $2.33b
July 3, 2021
Imports of mobile phones, telecom apparatus surge to $2.33b
KARACHI: Import of mobile phones and other telecommunication apparatus to Pakistan increased 47 percent during the first 11 months of…
Pakistan records highest cement sales since 1990
July 3, 2021
Pakistan records highest cement sales since 1990
Cement companies in Pakistan have marked their highest sales in the financial year 2020-21 since 1990, according to the data maintained…
Pakistan abolishes withholding tax on bank transactions, used cars
July 2, 2021
Pakistan abolishes withholding tax on bank transactions, used cars
The Federal Board of Revenue has abolished withholding tax on bank transactions, purchase of used cars, domestic and international air…
NEPRA allows govt to raise power tariff by Rs 2.97
July 2, 2021
NEPRA allows govt to raise power tariff by Rs 2.97
National Electric Power Regulatory Authority (NEPRA) on Friday allowed the federal government to raise power tariff by up to Rs…
Energy shortfall in Punjab crosses 2,000mw
July 2, 2021
Energy shortfall in Punjab crosses 2,000mw
Energy shortfall across Punjab has crossed 2,000MW, said Lahore Electric Supply Company (LESCO) on Friday. The spokesperson of the LESCO…
Pakistan, UAE to further enhance cooperation in Customs, Inland taxes
July 1, 2021
Pakistan, UAE to further enhance cooperation in Customs, Inland taxes
Pakistan and United Arab Emirates (UAE) Thursday agreed to further promote cooperation in the fields of customs and other inland…
CPEC IT joint working group on cards: Asad Umar
July 1, 2021
CPEC IT joint working group on cards: Asad Umar
Minister for Planning, Development and Special Initiatives Asad Umar Thursday said that new joint working group for information technology was…
Govt successfully overcome circular debt crisis: Hammad
July 1, 2021
Govt successfully overcome circular debt crisis: Hammad
Minister for Energy Hammad Azhar has said that the government has successfully overcome circular debt crisis as only Rs 177…