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Islamabad: Delegation of Pakistan Tea Association led by Chairman Aman Paracha meets Prime Minister’s Advisor on Commerce and Trade Abdul Razzak Dawood in Islamabad with the patronage of FPCCI. Chairman Tea Association Aman Paracha highlighted various ambiguities & anomalies in the Custom duties during the meeting. He further added that if these anomalies get eliminated …
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Karachi: Chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMIA) Danish Khan has strongly condemned the FPCCI advertisement. He said that FPCCI used the name in the advertisement published in the newspapers yesterday without the permission and consent of PLGMEA, which he denied. PLGMEA has nothing to do with the advertisement and no such opinion. …
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Pakistan Tea Association (PTA) meets Federal Board of Revenue (FBR) officials and suggests to amend and finish the anomaly on wealth tax on import of bulk packing tea in Pakistan. Bulk tea is a raw material, at import stage for all importers, 2 types of different tax distinguish for withholding tax at import stage that …
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Karachi: During the global Pandemic COVID-19 , the demand of kinnow surged significantly as it played a vital role in strengthening the human immunity system safeguarding against the deadly disease. During the export season concluded in April 2021, Pakistan exported 460000 ton Kinnow to forty countries globally, which was 30% higher compared to the last …
Karachi: Governor Sindh Imran Ismail visited K-Electric’s Bin Qasim Power Station-III (BQPS-III) project to review the progress on the latest addition to Karachi’s power network. The visit followed a meeting between KE’s Senior Leadership and the Governor Sindh where KE presented an update on the company’s preparedness for Ramadan and the 2021 summer season. BQPS-III is …
Prime Minister Imran Khan has authorized a cut in petrol rates, according to Federal Minister of Finance Hammad Azhar. The government has cut the price of petrol by Rs1.79, and it will now be available at 108.56 a litre beginning April 16. The premier has also allowed lowering the prices of other petroleum goods, according …
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ISLAMABAD: State Bank Governor Reza Baqir and Hammad Azhar held a virtual meeting with Kristalina Georgieva, International Monetary Fund’s (IMF) Managing Director. According to sources, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said on Monday that Pakistan would direct all of its policies toward the welfare of its citizens. She made the …
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KARACHI: The State Bank of Pakistan (SBP) will be closed for public dealings on the first Roza which will be observed as a bank holiday. SBP decided to close operations on the first Ramzan due to the deduction of zakat. “All banks / DFIs / MFBs shall therefore remain closed for public dealing on 1st …
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KARACHI: Pakistan Tea Association delegation and Standing Committee On Tea Fpcci held a meeting with President Fpcci on Saturday at Federation House. Where the missuse of SRO 450 manufacturing bonds was discussed for re-export. The delegation informed that this situation is posing a huge challenge for the government of Pakistan in generating revenue. people only …
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ISLAMABAD: According to Asad Umar, the Federal Minister for Planning, Growth, and Special Initiatives, Pakistan requires economic transition by redefining resource allocation and opportunity structure. Umar said that a deeper understanding and new levers are required to trigger development and that the government’s most important role is to provide policy signaling, a competitive environment, and …
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