Lahore: The United International Group welcomed the tax amnesty scheme announced by the government for non-taxpayers which will help government to raise Rs 50 billion. The government had addressed the issue of traders who were not willing to be filers after the announcement of 0.6 percent withholding tax, he said. ... Read More »
Category Archives: Business
Feed SubscriptionSustainable national development require 70 percent growth in GDP :Iftikhar Ali Malik
Lahore: Chairman United Business Group of FPCCI and Vice President Saarc Chamber of Commerce Iftikhar Ali Malik said sustainable national development require 70 percent growth in GDP rate for the next ten years. Maintainable growth in GDP is imperative for provision of affordable facilities to masses and settle issue of ... Read More »
Tax amnesty scheme proves failure of the authorities to collect targeted taxes
Lahore: The Pakistan Economy Watch said tax amnesty scheme proves failure of the authorities to collect targeted taxes and broaden tax net. It indicates that government has no intention to bring favourite sectors in the tax net, introduce proper asset-seizure laws to confiscate untaxed assets, and bring back looted money from ... Read More »
Society Watch demands relief package for dairy sector
Lahore: President Society Watch Khalid Mahmood said government should also announce relief package for dairy sector reeling under heavy taxes and unfavourable policies. Additional taxes have increased cost of doing business by seven percent, push up price of processed milk by Rs 6 per litre and reduce its demand by ... Read More »
DG Fisheries inaugurates fish farming campaign at Kalar Kahar Lake
Lahore: Director General Fisheries Dr. Muhammad Ayub has said that a hatchery is being constructed at a cost of 170 million rupees for ensuring immediate provision of fish seed to private fish farmers and small dams situated at Potohar Region and its half work has been completed. He disclosed that ... Read More »
CM Punjab approves the design and colour of stations of Lahore Orange Line Metro Train
Lahore: Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high-level meeting regarding Lahore Orange Line Metro Train Project, here today, in which approval of design and colour of stations of the project was given. Addressing the meeting, Shahbaz Sharif said that Lahore Orange Line Metro Train Project is the ... Read More »
PRA collected 37 percent more revenue from telecommunication
Lahore: Punjab Revenue Authority has collected 37 percent more revenue from telecommunication as well as non telecom sectors during the first half of the current financial year 2015-16 as compared to the corresponding period of the last year. According to the official sources, total revenue collection from July 2015 to ... Read More »
There is a lack of awareness about evidence-based policy making:Salman Ghani
Lahore: There is a lack of awareness about evidence-based policy making at national level, said, Salman Ghani, Ex-Chairman Planning and Development Board, Punjab. He was speaking at a conference on the Role of Monitoring & Evaluation in Evidence Based Policy making organized by UNICEF and the Directorate General Monitoring & ... Read More »
UBG sweeps elections, Rauf Alam becomes President FPCCI
Lahore: United Business Group (UBG) of FPCCI on Wednesday won 11 out of 12 seats in the FPCCI annual elections. Presidential candidate of UBG defeated Senator Ghulam Ali representing Businessmen Panel (BMP). According to the announcement by election commission Rauf Alam won the elections, similarly, Khalid Tawab of UBG won the ... Read More »
BISP to launch enrolment survey soon:Marvi Memon
Lahore: Benazir Income Support Programme (BISP) Chairperson, Marvi Memon Wednesday said a survey would be launched soon to enrol more deserving women across the country. Addressing the launching ceremony of the “Beneficaries Outreach and Communication Strategy” here she said in addition to fresh deserving women, the survey would also cover ... Read More »