Tag: export
Final tax regime allowed for export of services
KARACHI: The Finance Bill 2021 has proposed a final tax regime for export of IT and IT enabled services. According to commentary on budget 2021/2022 released by KPMG Taseer Hadi […]
Import bill falls by over 10 percent in October; export witnesses 2.1 percent growth
ISLAMABAD: The country’s import bill has witnessed decline by 10.3 percent to $4.07 billion in October 2020 as compared with $3.65 billion in the same month of the last year. […]
Cabinet allows export of all PPE items
ISLAMABAD: The federal cabinet in its meeting held on Tuesday allowed export of all Personal Protective Equipment (PPE) items. The cabinet approved to lift the ban on export of Tyvek […]
Customs stops export consignments of onion after ban decision
KARACHI: Pakistan Customs stopped export consignments of onion to comply with government decision to impose ban on the vegetable to meet local demand. In an letter issued by Model Customs […]
Export commitments to be missed on gas supply curtailment: APTMA
KARACHI: All Pakistan Textile Mills Association (APTMA) in a statement on Thursday said that industries will fail to meet export commitments due to 50 percent reduction in gas supply. Zahid […]
SBP facilitates exports against advance payment
KARACHI: State Bank of Pakistan (SBP) has amended framework related to trade based money laundering in order to facilitate receiving export payment. The SBP on Monday issued amendment to Framework […]
Pakistan cuts trade ties with India; notifications issued
ISLAMABAD: Pakistan has completely cut trade ties with India as the ministry of commerce issued notification for banning import and exports with the neighboring country. The ministry of commerce on […]
Past revenue-centric policies hurt exports: Prime Minister
ISLAMABAD: Prime Minister Imran Khan has said that the revenue-centric economic policies of past governments have badly damaged the competitiveness of Pakistan’s exports. The past the revenue-centric economic policies with […]
Cement exports increase sharply by 52 percent in eight months
KARACHI: Pakistan’s cement exports registered unprecedented growth of 52 percent during first eight months (July – February) of fiscal year 2018/2019 mainly on the back of rupee depreciation and focus […]
Cabinet meets tomorrow to approve export, investment package
ISLAMABAD: Prime Minister Imran Khan will preside a special cabinet meeting on Wednesday at 02:00 PM. The meeting likely to give approval to economic reform package, sources said. However, the […]