Pakistan Revenue
The Pakistani government’s attempts to reduce cigarette consumption by increasing the tobacco tax rate have been unsuccessful, as the prevalence of cheaper non-duty-paid (NDP) cigarettes in the market has led to continued consumption of illegal cigarettes. As a result, an estimated 32.6 billion illegal cigarettes are consumed out of a total consumption rate of 80 […]
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EOBI Pensioners Welfare Association (EPWA) Saturday demanded the government to immediately increase the pension to Rs25,000 per month.
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According to a report by Topline Securities on Saturday, Pakistan’s total cement sales are expected to decrease by 25-29% MoM in April 2023, amounting to 2.7-2.9 million tons due to the Eid holidays, economic slowdown, and lower construction activity during Ramadan.
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KARACHI: The government has introduced an export facilitation scheme to promote the country’s exports under a modern digital automation system.
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The Union of Small and Medium Enterprises (UNISAME) has raised a valid concern regarding the urgent attention required by the government for the automotive and textile industries.
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State Bank Pakistan (SBP) Governor, Jameel Ahmed, has met with foreign investors to discuss the ongoing exchange rate crisis and dividend and profit repatriation issues, according to a statement issued on Saturday.
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The repatriation of profit and dividends by multinational companies (MNCs) operating in Pakistan has witnessed a significant decline due to restrictions imposed by the country.
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Foreign investors are urging Pakistan to adopt cryptocurrencies and develop a national strategy to promote their use, according to a report released on April 27, 2023 by the Overseas Investors Chamber of Commerce and Industry (OICCI).
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The Karachi Chamber of Commerce and Industry (KCCI) has requested the management of K-Electric to extend the last date for payment of electricity bills in view of the recent Eid holidays.
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The Union of Small and Medium Enterprises (UNISAME), a representative body of SMEs in Pakistan, has expressed its dissatisfaction with the government’s lack of effort in promoting the SME sector during these challenging times.
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