Business
Business
Govt may increase tax on dividend income to 20%
Islamabad: In yet another anti-business budget proposal, the government is likely to increase the tax on dividend income and force companies…
Multilateral fund approves $5.68m for Pakistan
The successful conversion of five foam manufacturing industries to more cleaner technologies has led the Multilateral Fund of the Montreal…
Anurag Thakur becomes youngest BCCI president
Mumbai : India’s cricket board on Sunday elected 41-year-old current secretary Anurag Thakur as its youngest ever president, one of the…
Bank loans: ECC refuses to permit Rs2b mark-up payment
Islamabad: The Economic Coordination Committee (ECC) has refused to allow the Ministry of Water and Power to pay Rs2 billion in…
PSM management plans to half its employees
Islamabad: Pakistan Steel Mills management itself presented a plan to axe half the daily-wage employees and a third of the contractual…
Pakistan misses economic growth target
Islamabad: The country missed the economic growth target for the current financial year by a wide margin mainly because of…
Poultry and meat consumers may be burdened
Islamabad: After making a plan to increase tax rates on packaged milk, the government is also considering levying sales tax on…
Pakistan Railways restructuring: ADB set to approve $300m budgetary support loan
Islamabad: The Asian Development Bank (ADB) is set to approve a $300 million budgetary support loan for Pakistan for public sector…
Govt likely to double WHT on cash withdrawals
The government may double the already high withholding tax on cash withdrawal from banks by currency exchange companies, as infighting…