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ISLAMABAD: Business leaders from across the county urged the government to revise increase in taxes proposed in the federal budget 2014-15 to save their businesses from closure and the national ...
Monday, 16 June 2014
...  Nonetheless, the recommendations will not stop the auction process to be held on April 23. The Ministry of IT maintained that the auction was being held after adopted best practices. Last week, ...
Friday, 18 April 2014
3. 3G, 4G licences auction hits snags
(Highlights/Business News)
... formed a three-member sub-committee to assist the state minister in fulfilling legal requirements for holding the auction. Nonetheless, State Minister for Ministry of IT Anusha Rehman remin ...
Saturday, 12 April 2014
4. Walt Disney shifts to India, China
(Highlights/Business News)
... for non-compliance of 27 UN/ILO conventions. Both other countries managed to retain commercial relationship with Disney but Pakistan government failed to do so. "We have reasons to believe that competing ...
Saturday, 12 April 2014
5. Food companies add value to exports
(Highlights/Business News)
Monday, 07 April 2014
6. Alarming controversy over urea prices
(Highlights/Business News)
... n the federal ministries and the industry. How the industry concluded that it was determining only ex-mill price whereas the government concluded that it was fixing the farmers price. None othe ...
Monday, 07 April 2014
7. Bridging the tax gap
(Highlights/Business News)
...  There are more than one form of tax evasion such as none or under reporting of tax liability. Inadequate staff, scarcity of physical and financial resources and/or poor working capacity of the ta ...
Monday, 07 April 2014
Monday, 24 March 2014
9. LSM grows 2.5pc
(Highlights/Business News)
... 13.55pc, wood products 26.86pc and non metallic mineral products 0.20pc. Last year, the LSM sector, which accounts for 70pc of industrial production, recorded a positive growth of 3.79pc. Some sectors, ...
Tuesday, 18 March 2014
... d by the law. Another notification will become due on July 1. The meeting discussed bulk-retail ratio of consumers, gas lost due to law and order problem, non-recovery of bills in restive areas, permissi ...
Tuesday, 18 March 2014
11. Canada pledges support to local businesses
(Highlights/Business News)
...  their Indian counterparts but the non-tariff barriers were coming in the way. He said that as soon as the Indian government lifts these barriers, there would be phenomenal increase in bilatera ...
Wednesday, 12 March 2014
12. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... des, the report says adding on the revenue side, it was the increase in tax rates and not the base which is responsible for higher collection during the quarter. Non-tax collections were also ...
Friday, 28 February 2014
13. Scrutiny of bank accounts
(Highlights/Business News)
Non-corporate business is up in arms against a government decision to give tax collectors the power to peep into the bank accounts of those who they believe are not paying taxes. The businessmen ...
Friday, 28 February 2014
14. Reforms proposed to tap insurance sector
(Highlights/Business News)
... ry reforms, operation challenges in life and non-life insurance, market development issues, insurance education and awareness and technology development. Speaking on the occasion, SECP Commissio ...
Friday, 28 February 2014
... est warrant but the request was turned down and the matter was listed for hearing next week. Sahara's woes began in 2008 when it shut operations as India's biggest non-bank deposit-taking fir ...
Friday, 28 February 2014
16.
(Highlights/Business News)
...  earnings and greater prudence being exercised by banks. Net non-performing loans (NPLs) of all commercial banks made up just 3.12 per cent of their total net loans in December 2013. In September ...
Monday, 24 February 2014
17. SECP enrols 397 firms in Jan
(Highlights/Business News)
... addition to registration of companies, the SECP granted licences to three non-profit associations. The tourism sector takes a lead in new registrations with the incorporation of 40 companies this ...
Wednesday, 12 February 2014
... de non-discriminatory market access to Indian companies. Over the last year there was little movement on trade because of a series of incidents over military control of the line dividing Kashmir betw ...
Monday, 20 January 2014
19. Trade issues discussed with India
(Highlights/Business News)
Thursday, 16 January 2014
20. Niche market for biomass power
(Highlights/Business News)
... ant of assured supply) and people in the rural settings are heavily, if not fully dependent on it for cooking and heating. That is precisely why none of the plants installed in captivity have so ...
Monday, 06 January 2014
21. Govt back to square one
(Highlights/Business News)
...  losing the same amount at the altar of efficiency, he lamented. The most telling part is private default, which is a purely efficiency phenomenon, says another former head of Pepco. Out o ...
Monday, 06 January 2014
22. Large-scale sector expands 5.7pc
(Highlights/Business News)
... 3.79pc. Some sectors, like rubber products, witnessed a decline of 1.64pc, non-metallic mineral products 0.27pc, wood products 8.49pc, engineering products 25.48pc and automobiles 3.69pc during the ...
Saturday, 28 December 2013
23. Private sector borrowing rises
(Highlights/Business News)
Saturday, 28 December 2013
24. SBP forex reserves tumble below $3bn
(Highlights/Business News)
... wing from the commercial banks on Dec 6 means that the government has since been using the money deposited by resident and non-resident Pakistanis with the commercial banks for financing all its ext ...
Friday, 13 December 2013
25. Package unveiled to revive economy
(Highlights/Business News)
... nomy. He promised to restore integrity and respect of non-resident Pakistanis through legislation to let them play a role in nation-building. The issue of granting most-favoured nation status to  ...
Friday, 29 November 2013
26.
(Highlights/Business News)
ISLAMABAD: Government earnings from the oil and gas sector have surged, mostly through non-tax revenue, by more than 32 per cent to Rs76.53 billion in the first three months of the current year ...
Monday, 25 November 2013
27. Power outages a misfortune for farmers
(Highlights/Business News)
Monday, 25 November 2013
28. Strike causes congestion at ports
(Highlights/Business News)
... New Year. Besides, he said, billions of rupees loss had been suffered by other sectors of the economy due to non-availability of raw material to industries, resulting in stoppage of manufacturing proc ...
Saturday, 16 November 2013
29. Export of services dips 49pc
(Highlights/Business News)
... t of the services produced are non-tradable. They also identified many barriers in the services trade, including regulatory barriers, discriminatory requirements, economic need tests, non-nation ...
Saturday, 16 November 2013
30. Slow growth in tax base
(Highlights/Business News)
... e last three months, making it around one percent compliance. Dr. Iqbal said that this compliance is satisfactory because assessment of non-filers will be started in the month of November. Howeve ...
Wednesday, 30 October 2013

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