Budget Proposals: Steel industry seeks relief
ISLAMABAD: The steel industry has asked the PTI led-government to remove regulatory and custom duty on primary raw material, steel scrap and continuation of special procedures for collection of sales…
After shocks of construction ban Steel re-rolling mills in Sindh, Balochistan closed
KARACHI: The ban on construction of high-rise and other buildings has started taking toll as all steel re-rolling mills in Sindh and Balochistan have been closed for indefinite period for…
Sales tax on electricity increased for steel industry
KARACHI: The Federal Board of Revenue (FBR) has enhanced the rate of sales tax to 10.5 percent from 9 percent on each unit of electricity consumed for the production of…