Business News
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17% tax on diplomats’ imports withdrawn | The Express Tribune
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[ad_1] ISLAMABAD: The government has quietly withdrawn the 17% sales tax that it had imposed last month through the mini-budget on imports by foreign diplomatic missions and the United Nations agencies after a warning from the Foreign Office (FO) that…
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FBR withdraws 17% tax on diplomats’ imports | The Express Tribune
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[ad_1] ISLAMABAD: The government has quietly withdrawn the 17% sales tax that it had imposed last month through the mini-budget on imports by foreign diplomatic missions and the United Nations agencies after a warning from the Foreign Office (FO) that…
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Covid strategy to boost confidence of expats | The Express Tribune
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[ad_1] KARACHI: Successful containment of multiple Covid waves, preservation of Pakistan’s macroeconomic fundamentals amid Covid shock and proactive policy response from the government and central bank to support the economy should give confidence to the overseas Pakistanis, said the State…
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Market reaction mixed over T-bills auction | The Express Tribune
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[ad_1] KARACHI: The market remains mixed over the latest T-bill auction held in Pakistan and while few segments term it mishandling of the central bank, others believe that the State Bank of Pakistan had little role to play in it….
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Senator vows support for new industrial estate | The Express Tribune
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[ad_1] ISLAMABAD: The business community is making useful contribution to the economic development of the country and the government will take all possible measures to facilitate it in promoting trade and exports, said Senate Standing Committee on Climate Change Chairperson…
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MSCI likely to add Pakistan to FM 100 index | The Express Tribune
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[ad_1] ISLAMABAD: The Morgan Stanley Capital International (MSCI) will announce the results of its consultation with global investors for potentially making Pakistan a part of its Frontier Market (FM) 100 index and FM 15% Country Capped index, developing an outlook…
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Govt to clear way for K-Electric’s sale | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Shaukat Tarin on Monday reassured K-Electric’s investors of addressing the bottlenecks in the way of sale of the power utility’s majority shares to Shanghai Electric Power. A delegation comprising K-Electric’s board of directors representing Saudi Arabia’s…
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Pakistan, China for strengthening tech cooperation | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and China are aiming to deepen two-way cooperation in areas of academics, research and development, industries and technological advancements. In this regard, Zhongguancun Belt and Road Industrial Promotion Association (ZBRA) of China and Special Technology Zones Authority…
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Pakistan, Japan to execute water supply scheme | The Express Tribune
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[ad_1] ISLAMABAD: Japan is the second largest donor to Pakistan and since 1954 Tokyo has provided ¥1.35 trillion for Pakistan through concessionary loans, grants and technical assistance for vocational training, energy sector, road and transport, said Ambassador of Japan Mitsuhiro…
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Farmers announce protest against agri taxes | The Express Tribune
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[ad_1] LAHORE: Farmers have decided to protest against the withdrawal of tax exemptions in the mini budget as well as imposition of additional levies which have increased their cost of production by a manifold. According to the Pakistan Kissan Ittehad,…
