Business News
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Overhauling Pakistan’s tax system | The Express Tribune
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[ad_1] KARACHI: I A Mayburov (2007) defines the Tax System as ‘a system that is a principle-based integral unity of its main interconnected and interrelated elements. These elements are the regulatory legal basis of taxation, the set of taxes and…
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Petrol price jacked up by Rs9.66 per litre | The Express Tribune
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[ad_1] The federal government on Sunday increased the price of petrol by Rs9.66 per litre, effective from April 1, 2024 — a decision which could have a serious inflationary impact on the lives of ordinary citizens. According to a notification…
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Centre, Sindh agree to collaborate | The Express Tribune
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[ad_1] KARACHI: Sindh Chief Minister (CM) Syed Murad Ali Shah and Federal Minister for Finance Mohammad Aurangzeb have agreed to collaborate in an attempt to attract foreign investment and boost exports, thereby enhancing financial stability of the province and the…
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Minister denies IMF opposes subsidies | The Express Tribune
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[ad_1] KARACHI: Finance Minister Muhammad Aurangzeb on Friday claimed that it was misconstrued that the International Monetary Fund (IMF) opposed subsidies whereas it wanted the targeted ones to be increased. “The fact is that the IMF is against untargeted subsidies….
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PM Shehbaz shares 5-year economic uplift programme with ministries
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting of the federal cabinet in Islamabad on March 20, 2024. — Prime Minister’s Office Prime Minister Shehbaz Sharif on Saturday shared his five-year economic roadmap with ministries and urged the members of…
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PIA to sell aircraft spare parts ahead of privatisation | The Express Tribune
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[ad_1] ISLAMABAD: In a significant move ahead of the privatisation of Pakistan International Airlines (PIA), the airline’s management has announced the sale of additional spare parts for various categories of aircraft, valued at millions of rupees. The management, focusing on…
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Abu Dhabi unveils plans to create 178,000 jobs by 2030
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[ad_1] Abu Dhabi is the capital city of UAE. — Dubai Eye/File Under the Abu Dhabi Tourism Sector Strategy 2030, Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has approved plans to create 178,000 jobs and to attract…
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Restaurants fear tougher days ahead
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[ad_1] Govt job cuts and rising costs badly impact restaurants. — Representational image from Unsplash Restaurant owners are worried about their business this winter. Fewer customers and rising costs are their main concerns. Their fears stem from the fact that…
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Federal Reserve’s Jerome Powell rules out recession in US economy
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[ad_1] American economy evades recession despite earlier predictions. — Bloomberg/File Jerome Powell, the chair of the Federal Reserve, ruled out the possibility of a recession in the economy of the United States in the near future, saying that there is…
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Exporters can import raw material duty free | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has decided to conditionally allow goods exporters to import raw material, machinery and equipment without paying duties and taxes under the Export Facilitation Scheme. Exporters will have to obtain approval from the collectorate for the…
