Business
Bank Alfalah, NBP and Mastercard unite to facilitate donations for COVID-19 Relief Fund
Karachi, June 10, 2020: Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister…
Industrialists suggests impose sales tax at retail stage and waive to manufacturers
Ban import of finished items & allow all import in CKD: NKATI Karachi, June 10, 2020: Capt. A Moiz Khan, patron-in-chief, North Karachi Association of Trade and Industry (NKATI) and President Naseem Akhtar have suggested the government to impose sales tax at retail stage instead of manufacturers and industries in budget 2020-21 and urged to…
SICPA Pakistan reduces carbon footprint with solar installation
Karachi, June 09, 2020: SICPA Pakistan has completed the installation of a Solar Energy System at its factory in Karachi. With an operating life of 25 years, annual generation of the project is 245 MWH. This Solar Energy Installation will on average generate 671 KWH daily, meeting 25 percent of the electrical power demand of…
Pakistani mango exports to Iran facing serious threats
Karachi, June 09, 2020: Opening of Pak-Iran border-Taftan on alternate days for a limited time period and reduced number of trucks from Iran to Pakistan is posing serious threat to the smooth export of Pakistani mango to Iran. Taftan boarder is being used for export of Pakistani Mango to Iran. Thus, mango exporters have approached…
Textile exporters urged PM to restore zero-rating on sales tax
Karachi, June 09, 2020: The textile exporters have urged the Prime Minister to restore the “zero-rating on sales tax – “No Payment No Refund Regime” by revival of SRO 1125” for the export-oriented sector. The textile exporters said due to the withdrawal of zero-rating, the entire textile industry has suffered a severe setback, with approximately…