Total exports slides by 12.11% in 2015-16, imports 2.32%

KARACHI: Despite an effort of the government to enhance exports in 2015-16, the country’s goods export declined by 12.11 per cent to $20.802 billion in … Continue reading

Valuation of property; ABAD, realtors reject amendment to Income Tax Ordinance

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) and the real estate sector have outrightly rejected amendment in the Income Tax Ordinance 2001 … Continue reading

PPL announces discovery at Hadi X-1A, Gambat South Block

KARACHI: Pakistan Petroleum Limited the operator of Gambat South Block with 65 percent working interest (WI) along with its joint venture partners, Government Holdings Private Limited … Continue reading

Prices of kitchen items, medicine and other to increase one per cent from Friday

KARACHI: After increasing one per cent Customs Duty of above 1400 products, the prices of medicine, tea, green tea, rice and other kitchen item would … Continue reading

Government rationalizes additional customs duty

KARACHI: The federal government has announced to reduce additional customs duty to 11 percent from 16 percent earlier on import of a large number of … Continue reading