The revenue impact of the duty reduction on these items is estimated at Rs15 billion per annum.
Mubarak Zeb Khan
ISLAMABAD: Exports of textile and clothing products posted almost an eight per cent growth year-on-year to reach ...
A Canadian tribunal finds that the volume of subsidised goods originating in or exported from Pakistan are negligible.
The FBR expresses reservations saying the deal will lead to large revenue loss.
FBR is tasked to find resources for 15pc increase in revenue collection.
Deeper duty concessions to be extended.
The agreement will allow both countries to shore up a mechanism for information sharing to detect tax evaders.
The Bill provides an extension up to December 2020 in the scheme allowing duty free access for goods.
ISLAMABAD: Pakistan’s exports of merchandise grew 16 per cent year-on-year in February 2018, indicating a revival...
The Geographical Indication Law aims to protect commercial heritage of the country’s products including Basmati, Ajrak.
Old racket takes new form for evasion of sales tax on imports.
The annual inflation target for the current fiscal year is 6pc.
ISLAMABAD: The Federal Board of Revenue (FBR) posted a growth of 16 per cent in revenue collection year-on-year to...
Hundreds of billions of rupees are pouring into capital’s real estate.
On recommendation of State Bank of Pakistan, commerce ministry notified new rules for clearance of used imported cars
Liquefied natural gas imports rose to $1.2bn in the July-Jan period
Corrective measures for speedy clearance of due refunds and early payments of cash export subsidies helped the rebound.
The continuation of the scheme is an award for Pakistan’s progress in enacting new laws and developing new institutions.
Negative growth in the big industry’s production is stoking fears that the country may miss the economic growth target.
The five-year plan seeks to increase exports to $61bn by 2023.