Industries

Islamabad: On the request of Pakistan Cotton Ginners Association, the Prime Minister Syed Yusuf Raza Gilani has directed Federal Board of Revenue (FBR) to exempt growers from levy of 3.5% withholding tax. Withholding tax will now be deducted from Commission agents by the Ginners and deposited in the government treasury. …

Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Friday said foreign investment has a very important role in development of a nation. The apex chamber would continue to support all efforts to enhance foreign as well as domestic investment in the country, said Hameed Akhtar Chadda, …