Pakistan Customs notify Mobile Valuations duty
Karachi, December 7, 2018: Pakistan Customs has notified valuations of Mobile Phones for the imposition of a duty on import. Following valuations were announced by Custom for import of mobile.
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Illicit cigarette trade causing Rs35 revenue loss annually
Karachi, December 7, 2018: Tax evasion in the illicit cigarette trade surged to Rs 35 billion annually. Prime Minister Imran Khan in his public address on the completion of 100 days in government admitted that only two tobacco companies, with a market share of around 60% contribute 98% of the tobacco tax collection, whereas all…
PPL makes another Gas discovery in Sindh
KARACHI, December 6, 2018: Pakistan Petroleum Limited (PPL) the Operator of the Block 2467-16 (Shah Bandar) EL with 63percenet working interest (WI) along with its Joint Venture Partners Mari Petroleum Company Limited (MPCL) with 32% WI, while Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL) with 2.5% WI each, has made…
Increase in exports is “The Only Solution” of Economic Crisis
Karachi, December 5, 2018: Pakistan’s present economic situation is miserable and the only answer to come out of the massive fiscal and current account deficits, rising trade deficit gap, unprecedented depreciation of Pak Rupee, highest discount rate in the region and increase trend in inflation is only and only increase in exports. Zahid Mazhar, Chairman…
Engro Polymer & Chemicals Limited Signs Agreement with The Water Foundation
Karachi, December 05, 2018: Engro Polymer has signed an agreement with The Water Foundation with an aim to provide safe drinking water to the community residents of Gaghar Phattak, Bin Qasim Town, Karachi. Under the agreement, five water purification/filtration plants will be established and operated by The Water Foundation which shall be funded by Engro Polymer and Chemicals…