Corporate tax discouraging industrial expansion: FPCCI
ISLAMABAD - The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday said the corporate tax is discouraging investment and industrial expansion; therefore, it should be reduced...
FBR, ministry trade fire over regulatory duties
ISLAMABAD: The Standing Committee on Finance has directed the Federal Board of Revenue (FBR) and Ministry of Commerce to finalise a new list of items on which regulatory duties...
Buying interest renews on cotton market
KARACHI: Renewed buying interest at the lower level on Monday helped cotton prices to regain part of last week`s losses.
The confusion over cotton crop size seems to have settled...
PCJCCI president hails SBP steps for economic support
LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) newly elected President S M Naveed appreciated the steps of State Bank of Pakistan (SBP) for economic support to...
Outcome of Heimtextil fair: Wait-and-see mood seen on cotton market
KARACHI: Wait-and-see attitudes prevailed on the cotton market on Wednesday as main participants were on the sidelines on expectations of easy supply and to observe the outcome of Heimtextil...
Govt failed to reform tax regime, privatise SOEs
ISLAMABAD - The PML-N government has partially succeeded in fulfilling party's manifesto in last five years as the government was successful in reducing electricity loadshedding, and improving domestic security but...
.PITF 2017 to help boost trade with friendly countries
KARACHI - President Mamnoon Hussain has said that Pakistan International Trade Fair (PITF 2017) will provide excellent opportunities for progress and improvement of industry and commerce.
The president further said...
Govt’s support needed to boost country’s share in global IT trade: PBIF
ISLAMABAD (INP): Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain on Wednesday said the country’s share in the global IT trade stands at mere one percent but...
Textile exports surge 7.77 pc in 9 months
ISLAMABAD (APP): The textile group exports from the country increased by 7.77 percent during the first three quarters of current fiscal year as against the exports of the corresponding...
Failure in achieving targets: FBR to penalize 250 officers for poor performance
KARACHI: Federal Board of Revenue (FBR) has decided to punish over 250 officers including commissioners, additional commissioners, etc for their worst performance that left the board behind its revenue...