Decision to involve private sector in gas distribution lauded
ISLAMABAD (APP): Business community here on Wednesday lauded decision of the government to unbundle gas utilities and involve the private sector in distribution. In a statement, President Pakistan Businessmen...
First 5-year trade policy on its way
KARACHI: Ministry of Commerce Federal Secretary Mohammad Younus Dagha said on Friday that for the first time a five years strategic trade policy framework (2018-23), with annual growth target...
Exporters demand payment of Rs100bn sales tax refunds
LAHORE: As the government is set to present the most controversial budget, the exporters have demanded payment of over Rs100 billion sales tax refunds to deal with liquidity crunch.
The...
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...
Economic activities having a boost
ISLAMABAD: Crossing the psychological barrier of FBR’s net tax collection indicates that the economic activities have started picking up. The FBR had agreed with the IMF to achieve a...
FBR’s failure costs provinces Rs170 billion
ISLAMABAD - The provinces had to pay the price of Federal Board of Revenue’s (FBR) inability to meet tax collection target as they received Rs170 billion lesser than the...
PRGMEA for revision of textile policy
SIALKOT - Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Ijaz A Khokhar has said the formulation of sector wise policies is the only remedial solution to...
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...
Absence of direction biggest threat to economy: FPCCI
LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has warned the government that absence of a firm economic direction is the bigger threat to the economy...
Aptma to urge PM for incentivising export sector
ISLAMABAD: Pakistan’s increasing trade deficit and falling exports have been posing a serious threat to the economy and to reverse the trend, government should focus on export-led growth and...