sector
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Anti-digital, pro-realty sector budget | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday unveiled a Rs17.6 trillion budget, which attempted to limit fiscal expansion but taxation measures were clearly self-contradictory that on one hand would promote cash economy and fossil fuels but discourage these too on the other. The government of Prime Minister Shehbaz Sharif also introduced new taxes…
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Coffee sector for duty cuts | The Express Tribune
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[ad_1] Listen to article LAHORE: Stakeholders in Pakistan’s growing coffee sector are urging the government to eliminate the 28% combined Regulatory Duty (RD) and Additional Customs Duty (ACD) on bulk instant coffee imports, arguing the current levy is stifling industry growth and preventing the development of a domestic coffee market. The duties were imposed in June 2021…
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IT sector eyes window of opportunity | The Express Tribune
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[ad_1] Listen to article KARACHI: IT companies appear to be optimistic about ramping up exports to various high-potential markets after the United States of America (USA)’s new administration announced new reciprocal tariffs in a vast array of countries. The tariffs will scale up the burden of operational costs for exporters in a host of countries. The Trump…
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PSX falls 2,000+ points on cement sector woes, shrinking volumes
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[ad_1] A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFP The capital market took a sharp downturn and closed in the red on Monday, driven by mounting concerns in the cement sector, thin trading volumes ahead…
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Significance of consultancy sector for economy | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: This article is an attempt to share the observations made so far during my new career of business consultancy adopted a few years ago. Right from the start what perturbs me the most is a preponderant tendency of many in the market to try to utilise the services of a consultant free…
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Every sector bound to contribute to boost revenue, says FinMin in post-IMF visit presser
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[ad_1] Finance Minister Muhammad Aurangzeb addresses the press conference in Islamabad, Novemeber 17, 2024. — Screengrab via YouTube/Geo News ISLAMABAD: After the International Monetary Fund (IMF) mission — led by Nathan Porter — concluded its visit to Pakistan, Finance Minister Muhammad Aurangzeb expressed the government’s determination to enforce the measures related to revenue collection, saying…
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Independent multiplayer market for power sector gets CCoE go-ahead
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting of Cabinet Committee on Energy in Islamabad on October 9, 2024. — PID ISLAMABAD: As the ruling coalition doubles down on its efforts to reduce all-time high tariffs, the Cabinet Committee on Energy (CCoE) on Wednesday authorised the establishment of an independent multiplayer market for power generation…
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Sindh governor backs manufacturing sector | The Express Tribune
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[ad_1] KARACHI: Sindh Governor Kamran Tessori has reaffirmed his commitment to supporting initiatives that promote the growth of the manufacturing sector and contribute to the country’s economic development. During a visit to the Indus Motor Company (IMC) plant, Tessori praised the company’s achievements in localisation, its contributions to the local auto industry, and its impact…
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Govt forms task force for urgent power sector overhaul | The Express Tribune
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[ad_1] Following widespread protests over skyrocketing electricity bills, Prime Minister Shehbaz Sharif has announced the formation of a task force to implement structural reforms in Pakistan’s power sector, according to media reports. The task force aims to alleviate the financial burden on the government and establish a more efficient, self-sustaining power market. Sources reveal that…
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Capacity charges are just the tip of Pakistan’s power sector iceberg | The Express Tribune
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[ad_1] Pakistan’s power sector woes are a hot topic, often attributed to capacity charges as the primary cause of circular debt and high electricity costs. However, the reality is far more complex. The public’s lack of exposure to the true causes makes it challenging to convey the consequences of our cumulative failures in power sector…
