govt
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Lack of support from govt vexes AJK traders | The Express Tribune
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[ad_1] MIRPUR: The business community has been struck the hardest during the Covid-19 lockdowns and no concrete steps have been taken by the government of Azad Jammu and Kashmir (AJK) to support it, said Mirpur (AJK) Chamber of Commerce and Industry President Faisal Manzoor. Addressing a policy advocacy workshop on Tuesday, he called upon the…
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Businessmen laud govt for reducing petrol, power cost | The Express Tribune
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[ad_1] The reduction of Rs10 per litre in prices of petroleum products and Rs5 per unit in electricity tariff will relieve the public during the ongoing tough times, said Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir. In a statement on Monday, he lauded the relief measures extended to the public and…
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Govt set to offer third tax amnesty scheme | The Express Tribune
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[ad_1] ISLAMABAD: The government has decided to promulgate an ordinance to offer a third tax amnesty scheme in as many years — this time to industrialists — by offering them to whiten their black money at 5% rate by investing in the manufacturing sector. The amnesty is part of an industrial package that also includes…
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India growth slows, govt cuts forecasts | The Express Tribune
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[ad_1] MUMBAI: India’s growth rate slowed further in the last three months of 2021, the National Statistics Office (NSO) said on Monday as it cut its forecast for the current financial year in the face of higher oil prices and geopolitical tensions. Asia’s third-largest economy grew 5.4% year-on-year in the October to December period, NSO…
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Govt committed to uplifting economy: Punjab minister | The Express Tribune
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[ad_1] LAHORE: The government aims to provide maximum facilities to the business community in order to uplift the economy as a whole, said Punjab Chief Minister’s Coordinator for Business and Trade Affairs Nasir Bashir Salman. In a meeting with office-bearers of Lahore Chamber of Commerce and Industry (LCCI) on Saturday, he underlined that the government…
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Govt allows import of cranes for wind farm | The Express Tribune
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[ad_1] ISLAMABAD: The government, almost after one year, has finally given one-time import permission to Tricom Wind Power (Private) Limited, which is engaged in setting up a 50-megawatt wind farm in Sindh. In this regard, the government has relaxed the Import Policy Order (IPO) 2020 for temporary importing truck-mounted cranes for the wind power generation…
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Govt eyes people’s gold to increase forex reserves | The Express Tribune
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[ad_1] ISLAMABAD: The government is considering a proposal to borrow gold biscuits and bars from the people to increase foreign exchange reserves that remain on a sliding path despite taking over $5 billion loans in the past three months from bilateral and multilateral creditors. The proposal has been discussed in the Economic Executive Council (EEC)…
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Canadian govt to stop funding oil pipeline | The Express Tribune
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[ad_1] CALGARY: Canada said on Friday it will halt any further public funding for the Trans Mountain oil pipeline expansion, after the government-owned company behind the project said costs had surged 70% to C$21.4 billion ($16.8 billion). Trans Mountain Corp (TMC) also delayed the finishing date of the expansion by a further nine months, dealing…
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Govt requested to increase electricity tariff by Rs6.10
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[ad_1] — AFP/File ISLAMABAD: The Central Power Purchasing Agency (CPPA) on Saturday requested the National Electric Power Regulatory Authority (NEPRA) for an increase of Rs6.10 in the electricity tariff on account of the monthly fuel cost adjustment (FCA) for January. “In January, the reference fuel cost was about Rs 6.51 per unit,” the CPPA said,…
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Govt to resume supply of natural gas to CNG sector | The Express Tribune
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[ad_1] ISLAMABAD: The government is aware of the importance of the compressed natural gas (CNG) industry and it will try to immediately resume the supply of natural gas to it, said Federal Minister for Petroleum Hammad Azhar. While talking to a delegation of All Pakistan CNG Association (APCNGA) on Friday, he said that the government…
