Bailout’ planned for energy sector
ISLAMABAD: The government has decided to bail out the energy sector, suffering from a massive circular debt, by floating paper guarantees wort ... Full Story
May 3, 2010, 06:17:30 AM

Government announces relief measures
ISLAMABAD (June 23 2009): The government on Monday announced a major relief to exporters by declaring income tax collected on export proceeds as final ... Full Story
May 3, 2010, 06:18:36 AM

Classified advertisements exempted from FED
ISLAMABAD (June 23 2009): The print media advertising excluding classified advertisements would be liable to federal excise duty in VAT mode. Through ... Full Story
May 3, 2010, 06:19:28 AM

Resolving Rs 216 billion circular debt problem: government to set up \'Power Holding Company\'
ISLAMABAD (June 23 2009): The government is establishing a \'Power Holding Company Limited\' (PHCL), intended to resolve the Rs 216 billion circular d ... Full Story
May 3, 2010, 06:20:21 AM

Commercial importers to pay four percent WHT at import stage
ISLAMABAD (June 23 2009): Federal Secretary Finance, Revenue Division, Salman Siddique said on Monday that the commercial importers would have to pay ... Full Story
May 3, 2010, 06:21:03 AM

Increase in wheat support price due to ADB loan condition
ISLAMABAD (June 23 2009): Although the government has taken \'credit\' for increasing the support price of wheat as a policy decision that provided th ... Full Story
May 3, 2010, 06:21:52 AM

Across-the-board decline in imports
KARACHI: The import of almost all the categories fell during the first eleven months of current financial year, bringing relief to the government over ... Full Story
May 3, 2010, 06:22:40 AM

United States rules out duty-free access for Pakistani exports
KARACHI: The US ambassador to Pakistan on Tuesday ruled out the possibility of giving Pakistani exporters duty-free access to the American market. Spe ... Full Story
May 3, 2010, 06:23:42 AM

Mango export doubles this year
KARACHI: Pakistan’s mango export during the current season has doubled compared to corresponding period of the last year as the current pace may ... Full Story
May 3, 2010, 06:24:27 AM

Imposition of carbon surcharge: 17 percent hike in POL prices from July 1 likely
ISLAMABAD (June 24 2009): The consumers are likely to face 17 percent hike in oil prices after imposition of "carbon surcharge" on petroleum ... Full Story
May 3, 2010, 06:25:32 AM