Business
Business
Gradual increase in GIDC under consideration
The government is considering a gradual increase in the Gas Infrastructure Development Cess (GIDC) rates instead of 200 per cent…
Cotton trading fails to revive
Trading activity on the cotton market failed to pick up as buyers remained on the sidelines yesterday. Floor brokers said…
Over Rs7 billion allocated for “poor-friendly” schemes: Siraj
Khyber Pakhtunkhwa Minister for Finance Sirajul Haq said here on Sunday that provincial government presented a poor-friendly and austerity-oriented budget…
Recovery of Rs35bn from consumers: Nepra rejects requests
In an apparent snub to the government, the National Electric Power Regulatory Authority (Nepra) has rejected requests by power distribution…
Luxury tax to help broaden net, says Punjab finance minister
Punjab Minister for Finance Mujtaba Shujaur Rehman is optimistic that the levy on big houses and luxury vehicles will broaden…
Businesses urge govt to revise fresh tax hikes
Business leaders from across the county urged the government to revise increase in taxes proposed in the federal budget 2014-15…
Reliance on foreign assistance by KPK govt. continues
The Khyber Pakhtunkhwa government continues its reliance on foreign assistance in its Annual Development Programme (ADP) for fiscal year 2014-15…
Tax measures to yield Rs164bn:Punjab budget
The Punjab government has proposed measures in the budget for 2014-15 to revamp its tax administration to curb tax evasion…
Exports slip in May amid energy shortages
The country’s exports witnessed a marginal decline in May 2014 from a year ago, despite having preferential access to the…