Business

Business

Local Smartphone makers to be provided incentives

Finance Minister Ishaq Dar said today that the government would provide incentives to local manufactures of smartphones and IT-related solutions…

1 Min Read

Oil found near Jhelum

A major oil reserve has been discovered near Jhelum in Punjab, opening up a new area for exploitation of natural…

1 Min Read

Capital gains tax imposed on debt instruments

The government has imposed Capital Gains Tax (CGT) on debt instruments like Pakistan Investment Bonds, Treasury Bills, Foreign Currency Bonds…

1 Min Read

Finance bill irks FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), which had praised the budget 2014-15 initialy, pointed out some…

1 Min Read

Pakistan’s RailCop and Chinese firm sign MoU

The Railway Construction Company, known as RailCop, a subsidiary company of Ministry of Railways signed a memorandum of understanding with…

1 Min Read

Cash hungry Govt increases taxes without even passing the budget

The government on Thursday increased the General Sales Tax (GST) without the passing of the federal budget. In this regard,…

1 Min Read

Education budget decreased inspite of tall claims to the contrary

Although the government has claimed  that it has given importance to education sector and that the education budget has been…

1 Min Read

Budget fails to make an impression in stock market

The stock market remained quite unimpressed by the budget as it opened on the first day following its announcement. The…

1 Min Read

Additional duties imposed

The government has levied additional duty on luxury goods and revised the rate of duty and tax on import of…

2 Min Read