Business

Business

SECP registers 482 new limited liability companies

The Securities and Exchange Commission of Pakistan (SECP) registered 482 new limited liability companies in May, a rise of 29…

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$2bn rice export sector completely ignored in budget: REAP

Badly hit by rupee appreciation, the rice sector, which fetches over $2 billion in foreign exchange, has completely been ignored…

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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…

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Oil found near Jhelum

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

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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…

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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…

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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…

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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,…

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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…

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