Pakistan Revenue
KARACHI: Prime Minister Imran Khan on Monday inaugurated CPHGC 1320MW Coal-fired Power Plant, Hub, Balochistan and said that more collaborations on the same pattern may be seen in future. The prime minister said that the government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors. Addressing inaugural ceremony of China Hub Power […]
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KARACHI: China Power Hub Generation Company (CPHGC) – a joint venture between The Hub Power Company Ltd. (HUBCO) and China Power International Holding – has declared the Commercial Operations Date (COD) of its 1320MW imported coal power plant and integrated jetty with coal transhipment capacity of 4.2 MTPA, a statement said on Sunday. Developed in […]
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ISLAMABAD: Huwaei Group has announced to set up its regional headquarters in Pakistan and also announced to invest around $100 million this year in the country. Vice President of Huwaei Group, Mark Xueman, who along-with a delegation called on Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar in Islamabad on Wednesday. Vice President […]
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ISLAMABAD: The economy has incurred duty and tax losses to the tune of Rs972.4 billion due to exemptions and concessions during the fiscal year 2018/2019, according to Economic Survey 2018/2019 launched on Monday. The cost of tax exemptions included: income tax Rs141.6 billion, sales tax Rs597 billion; and Rs233.1 billion as customs duty. Income Tax: […]
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ISLAMABAD: Pakistan and China on Sunday signed four agreements under China Pakistan Economic Corridor (CPEC) in order to further enhance bilateral cooperation. The signing ceremony was held here during the three-day visit of Chinese Vice President Wang Qishan, who arrived earlier in the day along with a high level delegation. Prime Minister Imran Khan and […]
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KARACHI: Institute of Chartered Accountants of Pakistan (ICAP) has suggested to install scanners at Pak-China borders to stop misuse customs clearance of goods transported under China – Pakistan Economic Corridor(CPEC). The ICAP in its tax proposals for budget 2019/2020 said that CPEC is a journey towards economic regionalization in the globalized world. This will deepen […]
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ISLAMABAD: Ernesto Rigo IMF Mission Chief called on Secretary Planning, Development and Reform Zafar Hasan to discuss Public Sector Development Program (PSDP), China Pakistan Economic Corridor (CPEC) and other aspects of planning including macro-economic policies, a statement said on Friday. Project Director Hassan Daud, Chief Macroeconomic Zafar-ul-Hassan and senior officials of the Ministry were also […]
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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken significant steps towards strengthening international trade relations by signing three Memoranda of Understanding (MoUs) at the Belt and Road CEO Conference held in Beijing, China.
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ISLAMABAD: Prime Minister Imran Khan on Thursday said that China-Pakistan Economic Corridor (CPEC) project will open new vistas of opportunities for the entire region. The prime minister said that the government accords top priority to the CPEC project. He said: “The project will not only help in translating all weather Pak-China relations into mutually beneficial […]
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KARACHI: Engro Powergen Thar (Private) Limited (EPTL) has successfully tested and energized the first unit of 330MW of the combined 660MW coal based power plant – located in Thar Block II.
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