American Business Council (ABC) of Pakistan has proposed the Federal Board of Revenue (FBR) to maintain a tax holiday on exports of IT and IT-enabled services, as withdrawal of exemption will discourage global tech companies with offices in Pakistan to...
Read More »Daily Archives: May 11, 2021
FBR Reduces Sales Tax on Petroleum Products
The Federal Board of Revenue (FBR) has reduced sales tax from 17 percent to 15.44 percent on Kerosene oil and from 17 percent to 7.56 percent on Light diesel oil from May 1, 2021, to adjust sales tax rates for maintaining prices of the petroleum produc...
Read More »Here’s Why Basic Commodities are Expensive in Pakistan
Federal Minister for Finance and Revenue, Shaukat Tarin, chaired the meeting of the National Price Monitoring Committee (NPMC) at the Finance Division today.The NPMC reviewed the price trend of essential commodities, especially wheat flour, sugar, edib...
Read More »Pakistan Seeks More Trading Partners Among Central Asian Countries
Pakistan is aiming to improve trade with neighboring country Afghanistan as well as other countries in Central Asia, as it plans to diversify commerce, Bloomberg reported Abdul Razak Dawood as saying.Adviser to PM on Trade and Commerce Dawood said in a...
Read More »Sindh Govt to get proposals from people for Budget 2021-22
Sindh government has decided to get the proposals and participation of the people of the province for Budget 2021-22.According to the documents, recommendations can be submitted by download the proposed form from the Finance Department website www.fina...
Read More »Rescue teams deputed at Bacha Khan Int’l Airport for transportation of Corona patients
The Khyber Pakhtunkhwa Rescue-1122 has deputed Rescue teams and ambulances at Bacha Khan International Airport, Peshawar for transportation of suspected Corona patients.According to Director General Rescue-1122 Dr Khateer Ahmad, this decision was taken...
Read More »Imran Khan asks assembly members to refrain from political activities on Eid
Prime Minister Imran Khan has asked all the assembly members to refrain from political activities on this Eid to prevent Spread of the Covid-19 pandemic.Minister for Information and Broadcasting Chaudhry Fawad Hussain said this in a tweet today (Tuesda...
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