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1. Revenue collection up 27pc in Feb
(Highlights/Business News)
ISLAMABAD: Revenue collection rose by 27 per cent year-on-year to Rs181.906 billion in February, backed up by regulatory duties on several hundred items and hike in sales tax on petroleum products. ...
Saturday, 28 February 2015
2. Unsubdued sacrificial cattle market
(Highlights/Business News)
... a 10pc expansion in the value of Eid sales. The size of the Eid-ul-Azha economy was projected at Rs500bn in 2013. If one builds on that number, the current year size should be Rs550bn However, ...
Friday, 10 October 2014
...  on account of wheeling charges, distribution margin, increase in cost of Wapda pensioners and sales mix. One per cent change in T&D losses works out to about Rs7bn if the current average consume ...
Monday, 16 June 2014
4. KP budget for 2014-15 set at Rs404.80 bn
(Highlights/Business News)
...  an increase of 6.4 per cent over the current revenue generation. The province will receive Rs12 billion from general services on sales tax showing 100 per cent increase over the current fiscal year ...
Monday, 16 June 2014
5. ECC approves Rs1.6 billion Ramazan package
(Highlights/Business News)
... s customs duty and sales tax on import of gold is zero. Therefore, import authorisation under the aforementioned savings clause is cancelled if the exporter fails to honour the export commitment with ...
Friday, 18 April 2014
6. Sindh announces sales tax amnesty
(Highlights/Business News)
KARACHI: The Sindh Revenue Board (SRB) on Thursday announced an amnesty scheme, comes into immediate effect, for citizens who have so far failed to pay sales tax on services starting from July ...
Friday, 18 April 2014
7. Food companies add value to exports
(Highlights/Business News)
A lot is happening across the spectrum of food business. Output and local sales of food items are growing, boosting profits of companies. Besides, food export earnings are up and import bills down, ...
Monday, 07 April 2014
8. Alarming controversy over urea prices
(Highlights/Business News)
... er at Rs1,786 per bag. Anyone purchasing the fertiliser from the centres has to add his own profit and transportation cost in 50 kilometers radius that these centres serve. The sales, even at NF ...
Monday, 07 April 2014
9. Bridging the tax gap
(Highlights/Business News)
... schemes. There is an enormous revenue loss due to exemptions, allowances and deductions from income tax, sales tax and customs duty, which was Rs887.5 billion or equal to 3.9pc of GDP in fiscal year ...
Monday, 07 April 2014
... ,000 rupees ($65) a month, while the company is offering only 3,050 ($50), citing difficult market conditions which have seen car sales in India fall almost 10 percent for first time in over a d ...
Monday, 24 March 2014
11. FBR detects 40 fake firms
(Highlights/Business News)
ISLAMABAD: The Federal Board of Revenue (FBR) has identified 40 fictitious companies which got millions in illegal sales tax refund and input adjustment in connivance with officials, according ...
Monday, 24 March 2014
Wednesday, 12 March 2014
13. Car sales grow by 3.5pc
(Highlights/Business News)
KARACHI: Overall sales of locally produced cars grew by 3.5 per cent in July-February 2013-2014 as compared to same period last fiscal. Increase in car sales was backed by continuous growth in ...
Tuesday, 11 March 2014
14. Additional GST on auto parts sale withdrawn
(Highlights/Business News)
Tuesday, 11 March 2014
15.
(Highlights/Business News)
Thursday, 06 March 2014
... oy, son of Subrata Roy. On Tuesday, the court ordered Roy's arrest over delays in repaying money collected from rural savers through bond sales. Sahara, a famous name in India through its former sponsor ...
Friday, 28 February 2014
17. Equity prices drift lower
(Highlights/Business News)
... concerns as factors that drove down the market on Thursday. Samar Iqbal, AVP, Equity Sales at Topline Securities commented that due to lack of triggers, local bourse witnessed another lacklustre session ...
Friday, 28 February 2014
18. Market potential for Kinnow in Europe
(Highlights/Business News)
...  by a few big companies in Europe, but it is not consistently imported as a table fruit. Foreign sales of citrus constitute more than one-third of the $300 million in proceeds from export of all fruit ...
Monday, 24 February 2014
19. Bearish spell continues on stock market
(Highlights/Business News)
... announced a bonus issue of 10pc with a dividend of Rs2/share that boosted investor confidence in these stocks. Samar Iqbal, AVP Sales at Topline Securities, stated that the market witnessed result driven ...
Wednesday, 19 February 2014
20. Car sales inch up
(Highlights/Business News)
...  to buy car in January due to change of model year pushed up overall sales last month to 11,955 from 7,213 units in December 2013. Figures released by Pakistan Automotive Manufacturers Associatio ...
Wednesday, 12 February 2014
21. ECC takes politically tough decisions
(Highlights/Business News)
...  fiscal year. The IMF was also given an assurance regarding finalisation of the three-year phase-wise withdrawal plan of tax exemptions worth Rs400bn under income tax, sales tax and customs ...
Monday, 10 February 2014
22. Consumer financing rekindled
(Highlights/Business News)
Monday, 20 January 2014
23. Production cost of cement may go up.
(Highlights/Business News)
Thursday, 09 January 2014
24. Rs69bn gap in July-Dec revenue.
(Highlights/Business News)
...  Rs337.523bn collected during the same months last year, reflecting a growth of 17.8pc. The sales tax collection stood at Rs481.68bn as against Rs392.155bn last year, showing a growth of 22.8pc. Th ...
Thursday, 09 January 2014
25. Poor planning leads to hike in fuel prices
(Highlights/Business News)
Monday, 06 January 2014
26. Fertiliser prices on the rise
(Highlights/Business News)
... ty gas fields, to reduce their dependence on SNGPL gas. Sales performance in CY13: While the industry has been very vocal in airing its gas supply concerns, its sales and production statist ...
Monday, 06 January 2014
27. Making remittances more productive
(Highlights/Business News)
...  and are an indirect source of revenue as these funds are spent on both imported and indigenously produced goods and services, subject to sales tax, import duty and value added tax. In a scenario o ...
Monday, 06 January 2014
28. Govt finalises SRO withdrawal plan
(Highlights/Business News)
Saturday, 28 December 2013
29. Hybrid cars to cost kitty over $5m
(Highlights/Business News)
KARACHI: The local car assemblers project sales of about 300 imported new hybrid vehicles in 2014 which will cost the national exchequer $5-8 million. Indus Motor Company (IMC) and Honda Atlas ...
Saturday, 28 December 2013
30. CNG price reduced on court order
(Highlights/Business News)
... issued by the Oil and Gas Regulatory Authority on Tuesday, the reduction in prices became necessary after the Supreme Court declared a nine per cent additional general sales tax on compressed natural gas ...
Wednesday, 18 December 2013

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