Islamabad:The Pakistan Economy Watch (PEW) on Wednesday said upcoming budget will offer nothing but disappointment.The government which is finding difficult to fulfil its debt obligations would be unable to provide any relief to masses and business community, it said. Despite a severe financial crisis in sight, the tax-exempted sector will ... Read More »
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Lahore : Representatives of trading bodies held a detailed meeting with Minister for Industry & ...
Lahore : The Punjab Food Authority food safety teams carried out a province-wide crackdown against i...
Lahore : Prime Minister Imran Khan on Wednesday took notice of overall systematic failure of SNGPL a...
Lahore : Advisor to Prime Minister on Commerce, Textile,Industry & Production and Investment Abd...
Lahore : Federal Petroleum Minister Ghulam Sarwar Khan on Monday said the government is committed to...
Lahore:An allocation of Rs. 300 million has been recommended to be made during financial year 2012-13 for installation of solar water pumps on farmer fields and research on solar power system. The recommendations were finalized by a high level committee constituted by Chief Minister Punjab, Muhammad Shehbaz Sharif here at ... Read More »
Islamabad:FBR in its ongoing campaign to recover outstanding tax liabilities against various companies, the Large Taxpayers Unit (LTU), Islamabad has attached all Bank Accounts of the Pakistan Telecommunication Authority (PTA) which owed Rs.3.6 billion to the exchequer on account of Income Tax. The PTA was served with recovery notice under ... Read More »
Kuala Lumpur:From being served merely at weddings and special events until recently, Biryani has increasingly found its way into the ordinary restaurants across Malaysia due to the richness of taste and aroma it offers to the rice-loving Malays. Yet another reason that has popularized the Biryani dish in Malaysia is ... Read More »
Islamabad:The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Tuesday demanded to impose income tax on sectors enjoying unjust exemptions in the upcoming budget. We will have no future sans effective governance, transparent reforms and easily comprehensible taxation regime, it said. Tax regime should be balanced as presently ... Read More »
Islamabad:The Federal Board of Revenue has identified 119,870 non-filer salaried persons, drawing annual salary of more than 5 lacs. They were required to e-file their Returns of Income for tax year 2011 on e-portal of FBR but they did not discharge their legal obligation on this count. The information regarding ... Read More »
Lahore:Special Assistant to Chief Minister Punjab on Food, Muhammad Mansha Ullah Butt has said that the wheat procurement process is continuing as per routine in the province. He said that in order to make wheat procurement process transparent and corruption free, senior officers of the Food Department and he himself ... Read More »
Lahore:Provincial Minister for Planning and Development, Ch. Abdul Ghafoor has said that best opportunities of investment are available in Pakistan and Turkey can further strengthen the existing friendly relations between the two countries through investment in different sectors. This was stated by him at a luncheon in honour of a ... Read More »
Lahore:A group of business owners from the platform of American Business Forum (ABF) visited the office of Punjab Board of Investment & Trade (PBIT) and held meeting with senior officials. American Business Forum formed in 2008, is an organization consisting of US based companies and franchises. Talking to the Vice ... Read More »
Islamabad:Pakistan Mobile Communication Ltd (Mobilink) owed Rs. 8.6 billion to the exchequer on account of mis-declaration of Sales Tax and FED. The Income Tax Appellate Tribunal recently upheld the decision of LTU, Islamabad and confirmed the payable tax amount of 8.6 billion rupees. On receiving the decision of the Tribunal, ... Read More »