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Burden of taxes, Textile industry reached the brink of destruction

Industries Shutdown, Millions of Workers Jobless, Khawar Noorani. Prime Minister Save Industries from destruction & reduce taxes, Ex-Chairman PYMA Karachi, July 12, 2019: Khawar Noorani, Ex-Chairman, Pakistan Yarn Merchant #39’s Association (PYMA), requested to Prime Minister Imran Khan to Save Industries from destruction and demanded to reduce Taxes on Export Oriented Industries. In a statement,…

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PSX remained lacklustre

Karachi, July 12, 2019: Pakistan Stock market remained lacklustre on Friday, following the trend seen in recent past sessions. The source of Low volumes and lack of investor confidence in equities appears to be a higher interest rate, which was further aggravated by an earlier than anticipated schedule of Monetary Policy. As per SBP, Monetary…

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