Customs values of polyester yarns revised
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of Polyester yarns of different deniers vide Valuation Ruling No. 673/2014 for assessment of duty/taxes on these yarns…
Budget proposal 2014-2015: exemption to agri income tax should be removed
KARACHI: The Overseas Investors Chambers of Commerce and industry (OICCI) has advocated that income tax exemption to agricultural sector should be withdrawn as income earners of other sectors are parking…
Budget proposals 2014-2015: carbon tax on industry recommended
KARACHI: The business community has proposed an idea that Federal Board of Revenue (FBR) should impose carbon tax on industry for the consumption of fossil fuel (over and above the…