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ISLAMABAD: Pakistan will grant on Friday Most-Favoured Nation (MFN) status to India with a condition of receiving a substantial concessions in trade from New Delhi. The decision is expected to ...
Tuesday, 18 March 2014
2. Govt finalises SRO withdrawal plan
(Highlights/Business News)
Saturday, 28 December 2013
3. EU grants GSP Plus status to Pakistan
(Highlights/Business News)
Friday, 13 December 2013
4. Govt says changes in KESC deal unlawful
(Highlights/Business News)
... e of a top officeholder of the country to manipulate the deal and get undeserved concessions worth billion of rupees. The Abraaj Group had also admitted its links to the people in power at the top at t ...
Wednesday, 26 June 2013
5. Text of budget 2013-14 speech
(Highlights/Business News)
Thursday, 13 June 2013
... on, as well as redressal of the exemptions and concessions culture in the country and the problem of tax evasion. Dr Naved Hamid highlighted the lessons from the past and the way forward in terms of iden ...
Friday, 31 May 2013
7. OGDCL MD sacked for swindling Rs320m
(Highlights/Business News)
... s to demand similar concessions. The previous government had inducted Siddiqui into the top slot without following the rules and regulations though it had sought nomination of four candidates from t ...
Wednesday, 08 May 2013
... g the production testing, gas flowed at 33 million cubic feet per day highlighting an excellent potential for future energy needs of the country. The director general petroleum concessions told the Minist ...
Saturday, 04 May 2013
... mechanism and co-opting of relevant stakeholders are some of the measures to be taken to expand of FED areas of coverage. There would be a review of exemptions and concessions for minimising the scope ...
Saturday, 20 April 2013
10. Predatory elites
(Economic Updates/Exclusive Articles)
... and perquisites without paying due taxes on these. The elites (ashrafiya) while thriving on taxpayers' money, borrowed funds and foreign aids get extraordinary tax concessions - even where taxation is ...
Friday, 19 April 2013
... ce of the melting industry, which was not only enjoying tax concessions but also selling the products on higher rates in the market. The chairman said that the re-melting industry is paying sales tax ...
Tuesday, 02 April 2013
12. FBR may suggest regular tax regime for retail sector
(Economic Updates/Pak Major Financial News)
The government may bring retailers into the regular tax regime by eliminating concessions in the upcoming federal budget 2013-14 for broadening the tax base, official sources said on Wednesday. Sources ...
Thursday, 28 March 2013
13. Public interest loses to big money
(Highlights/Business News)
... st when approval and concessions were originally given to the refinery. In spite of all this and disregarding the fact that its generosity to Byco would cost the consumers in the form of an inc ...
Tuesday, 26 March 2013
14. Trusted friendship revisited: Pakistan-Indonesia
(Weekly Updates/Traders' Diary)
Monday, 18 March 2013
... and tax concessions on the import of vehicles via a Custom Station in violation of Import Policy Order and the vehicles which have since been auctioned. According to the CCP, the allowable age limit ...
Friday, 15 March 2013
16. Foreign investment
(Economic Updates/Exclusive Articles)
... e deficit is primarily attributable to concessions made to the rich; but the poor must bear the burden from reduced social spending and higher indirect taxes on mass-consumption com ...
Monday, 11 March 2013
17. Pakistan in critical balance of payments situation, may need $9b
(Economic Updates/Pak Major Financial News)
Thursday, 07 March 2013
18. Punctured tax base
(Economic Updates/Exclusive Articles)
... to withholding tax, in this period was in excess of 40 million and yet FBR says that our tax base is narrow! In fact, FBR is hiding its own failure of not taxing the rich to whom concessions and exemptions ...
Friday, 22 February 2013
19. PTEA rejects curtailment of powers of MCCs
(Highlights/Business News)
... policy shift, exporters would face extra problems. Muhammad Asif, vice chairman PTEA said that textile exporters were trying to fetch huge quantity orders from the European market due to given concessions ...
Tuesday, 19 February 2013
... seeking financial concessions and cooperation, but said it was beyond the jurisdiction of PR. If Four Brothers failed to resume operation, the PR itself would start running the service with sam ...
Thursday, 31 January 2013
21. The orphan economy
(Economic Updates/Exclusive Articles)
... cit subsidies. The tools include protection and patronage, exchange-rate manipulation, price distortions/subsidies, interest-rate concessions, tax exemptions and wilful loan defaults. The majority ...
Wednesday, 30 January 2013
22. Trade without growth
(Economic Updates/Exclusive Articles)
... ion of orders in 2012 and expressed concerns that continued energy outages will nullify any potential gains from the European Union tariff concessions (on 75 items, including textiles, approved in Febr ...
Monday, 24 December 2012
23. Shoring up value of rupee
(Weekly Updates/Rupee in a flash)
... December), trade concessions from the European Union and a modest growth in large-scale manufacturing suggest that export growth momentum may continue in the second half of the fiscal year as ...
Monday, 24 December 2012
24. Corporate culture, ground realities
(Highlights/Business News)
THE government intends to reduce corporate tax from 35 to 30 per cent in the next budget and withdraw concessions to businesses not incorporated, provided it succeeds in plugging loopholes to curb tax ...
Monday, 17 December 2012
... , federal excise duty and custom are full of exemptions /concessions which continue to cause major distortions. While constituting the committee, the chairman has articulated that one of the objectiv ...
Wednesday, 12 December 2012
Tuesday, 04 December 2012
27. Withdrawal of a tempting offer
(Weekly Updates/Traders' Diary)
...  between the two countries. It may be recalled that Pakistan and the US had been negotiating the proposal for establishing ROZs since 2006 to grant import concessions for products manufactured in terror-hi ...
Friday, 16 November 2012
28. Ailing tax system
(Economic Updates/Exclusive Articles)
... . This measure alone would generate tax revenue of over Rs 6 trillion provided all exemptions and concessions are abolished. "The fairness of tax system will be undermined if governments cannot sh ...
Friday, 16 November 2012
29. EU concessions come into force
(Highlights/Business News)
ISLAMABAD - The European Union Autonomous Trade concessions for Pakistan adopted by the European Parliament and the Council, come into force on Wednesday, a press release issued by the EU delegation ...
Thursday, 15 November 2012
Trade incentives worth billions of dollars annually will not be available to Pakistan as the United States (US) has shelved the proposal for allowing trade concessions to Pakistan through Reconstruction ...
Saturday, 10 November 2012

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