What Should be the Attributes of New Chairman of Board of Investment?
Slot for Chairman Board of Investment has remained sloppy during past few years. This is evident from the fact that at least last three chairmen of the lead agency for attracting foreign and local investments departed prematurely, that is without compl…
Mobile Phone Imports Increase by Over 63% in 11 Months
Pakistan imported mobile phones worth $1.860 billion during July-May (2020-21) compared to $1.138 billion during July-May (2019-20), showing growth of 63.40 percent, according to the Pakistan Bureau of Statistics (PBS) data.The overall telecom imports …
FATF Group to Review Pakistan’s Performance On June 23
The Financial Action Task Force (FATF) will evaluate Pakistan’s performance in terms of implementing a 27 action plan on June 23.Sources told Propakistani that the FATF four days meeting will start on Monday (June 21) in Paris in which the action plan …
Finance Minister Backs the Launch of New Auto Policy
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired a meeting here at the Finance Division to review and finalize the new Auto-Policy.The Finance Minister assured of his full support for the final launch of the New-Auto Policy while ch…
Govt Decides to Withdraw Proposed Increase in Sales Tax on Dairy Products
The government has decided to withdraw a major budget proposal to increase the sales tax on dairy products from 10 percent to 17 percent, highly-placed officials in the Finance Ministry told Propakistani on Friday.Through the Finance Bill 2021, the gov…
Govt to Take Special Measures to Generate Rs. 120 Billion Tax Revenue
The government has decided to take three alternate taxation measures to generate an additional amount of Rs. 120 billion through amendments to the Finance Bill 2021.• The government may withdraw the proposal of abolishing withholding tax on banking tra…