LCCI calls for downward revision of property taxes
LAHORE: The Lahore Chamber of Commerce and Industry on Wednesday called for downward revision of property taxes, claiming that the existing rates are hindering business growth.
The LCCI raised the...
Pakistan Determines to Impose Anti-Dumping Duty on PFY from China and Malaysia
On Aug 26, National Tariff Commission of Pakistan, released an announcement that it determined to impose anti-dumping duty on polyester filament yarn origined from China and Malaysia. The decision...
Trade deficit likely to widen to record $35b
ISLAMABAD - Pakistan’s trade deficit is likely to swell to record $36 billion during current fiscal year (FY2018) due to massive increase in imports as compared to the exports.
Country’s imports...
Happy 70th Anniversary
Market Bulletin has entered to its fourth generation with brilliant success. A journey started from founder A.D.Karim Khanani ( great-grandfather) to Umer Abdul Rehman (grand father) and the continued...
Textile, clothing exports grow 8pc
ISLAMABAD: Pakistan`s exports of textile and clothing products posted nearly eight per cent growth year-on-year to $3.25 billion in the first quarter of 2017-18, the Pakistan Bureau of Statistics...
LTBA accuses FBR of charging high tax from pensioners, BSC holders
LAHORE: President Lahore Tax Bar Association (LTBA) Ch Qamaruz Zaman has criticized Federal Board of Revenue (FBR) for charging high tax to pensioners and bearers of Bahbood Saving Certificates...
Speakers welcome growing use of technology in industry
KARACHI: The adaptability of the industry to technology and digitalization would optimize the customer satisfaction as well as boost their volume and profit, speakers believed at a seminar on...
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...
Pakistan tax ratio highest in region
LAHORE - The speakers, at a pre-budget seminar, have called for structural reforms to broaden tax base and create more avenues for revenue collection, simplifying the complex tax system.
The pre-budget...
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...