Business News
-
Fertiliser to become more expensive | The Express Tribune
.
[ad_1] KARACHI: The proposed increase in sales tax on fertiliser in the budget for fiscal year 2022-23 will make the commodity further expensive for the small and medium-sized farmers. “Farmers have slammed the increase in sales tax on fertiliser from…
-
Pakistan to seek deferred payments for Qatari LNG | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan will seek a deferred payment plan for liquefied natural gas bought under long term deals with Qatar, Finance Minister Miftah Ismail said on Saturday, as country faces a balance of payments crisis and falling foreign exchange reserves….
-
EXIM Bank set up to meet IMF’s demand | The Express Tribune
.
[ad_1] ISLAMABAD: The government has fulfilled another condition of the International Monetary Fund (IMF) for the revival of the bailout package as it got the bill backing the establishment of the Export-Import Bank of Pakistan passed from the National Assembly…
-
The power of the uncarved block and the need to be childlike | The Express Tribune
.
[ad_1] PUBLISHED June 12, 2022 KARACHI: “When you discard arrogance, complexity, and a few other things that get in the way, sooner or later you will discover that simple, childlike, and mysterious secret known to those of the uncarved block:…
-
Promises without a clear path | The Express Tribune
.
[ad_1] PUBLISHED June 12, 2022 ISLAMABAD: This was a difficult budget to prepare, probably one of the toughest in our history. On the one hand, the economic crisis demands restoration of the IMF programme, which calls for sacrifice. On the…
-
Miftah Ismail says Pakistan going through ‘difficult phase’
.
[ad_1] ISLAMABAD: Finance Minister Miftah Ismail Saturday said that the country was going through a critical period and asked everyone to help them steer Pakistan out of crises. More to follow… [ad_2] Source link
-
Bulls toss KSE-100 above 42,000 mark | The Express Tribune
.
[ad_1] KARACHI: The Pakistan Stock Exchange maintained its bullish run and closed the week in the green zone on Friday, as investors showed optimism over the approaching budget announcement. The benchmark KSE- 100 index witnessed a lacklustre trading session but…
-
Rs21b allocated to boost crop yields, livestock sector | The Express Tribune
.
[ad_1] LAHORE: Most of the agriculture sector stakeholders have termed the federal government’s announcement of some key measures in the budget for 2022-23 much positive for improving the country’s dilapidated agricultural infrastructure. Federal Minister for Finance and Revenue Miftah Ismail…
-
Tax increase to compound problems for auto sector | The Express Tribune
.
[ad_1] KARACHI: In the budget for FY23, Finance Minister Miftah Ismail has proposed an increase in the advance tax on luxury vehicles that will leave a further negative impact on the auto sector, which is already facing an import ban…
-
Tax rate for banking companies enhanced to 42% | The Express Tribune
.
[ad_1] KARACHI: The PML-N led coalition government has increased the rate of taxes on commercial banks’ windfall gains (profit) after they apparently defied the directives to reduce the high interest rate on financing to the government. “The banking sector has…
