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Federal cabinet reduces sales tax to 6% on imported finished articles of textile and leather

Lahore : The federal cabinet, which met here Tuesday with Prime Minister Shahid Khaqan Abbasi in chair, allowed the signing of a memorandum of understanding (MoU) between the Intellectual Property Organization (IPO) of Pakistan and State Intellectual Property  Office (SIPO) of China.  The enhanced cooperation between IPO-Pakistan and SIPO-China would enable ... Read More »

UBG asks Government to reduce tax rate to boost earnings

Lahore: The United Business Group (UBG) of FPCCI on Monday asked the government to reduce tax rate in the upcoming budget to boost its income and restore the confidence of the business community. It called upon the government to waive all taxes on establishment of new industries which will help ... Read More »

Punjab Government welcomes announcement to reduce power tariff

Lahore: Punjab government has welcomed the announcement of the federal government regarding reduction in power tariff and said that after substantial decrease in the prices of petroleum products, reduction in the price of electricity is a gift for the masses.In a statement,the Chief Minister said that the decision of Pakistan ... Read More »

Transport department to take sold measures for reducing transport fares:CM Punjab

Lahore: Punjab Chief Minister Muhammad Shahbaz Sharif, while immediately acting upon the letter written by Prime Minister Muhammad Nawaz Sharif to the provincial chief ministers, has directed administration and concerned departments to take effective measures to bring down transport fares and prices of essential items. He said that Pakistan Muslim ... Read More »

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