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,…
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…
Karachi, July 12, 2019: Yousuf Yaqoob, Chairman, Pakistan Weaving Mills Association (PWMA) has criticized the imposition of 17 percent sales tax on domestic weaving industry. According to PWMA Chairman, the imports of yarn without payment of sales tax by the export-oriented units (EOUs) through Indemnity Bonds and DTRE for exports will jeopardize the existence of…
Karachi, July 12, 2019: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet next week on Tuesday, July 16, 2019, at SBP Head Office Karachi to decide about monetary policy rate for the next two months. Governor SBP, Dr Reza Baqir, will unveil the decision of the MPC at a press conference…
Islamabad, Jul 12, 2019: Special Assistant to Prime Minister on Information and Broadcasting Firdous Ashiq Awan said on Friday that launch of Naya Pakistan Housing Scheme was a practical step by Prime Minister Imran Khan to provide shelter to the homeless. In a tweet, the SAPM said that this scheme has given new hope and…