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Pakistan

Sri Lanka reverted Cess on Pakistani Kinnow

The Biz Update4 years ago02 mins

Karachi, December 18, 2020: Sri Lankan government withdrawn recent increase in Cess on import of Pakistani Kinnow. Advisor to Prime Minister for Trade Abdul Razzaq Dawood on Friday informed on social media that Sri Lankan government’s has reverted its decision to increase the Cess on Pakistani kinnow. Sri Lanka recevently announced to increase the Cess on pakistani Kinnow from…

Pakistan

Govt clarifies GIDC waiver case

The Biz Update5 years ago03 mins

Islamabad, September 4, 2019: The Prime Minister house on Wednesday clarified the case of Waiver of Gas Infrastructure Development Cess (GIDC). The total amount stuck in the GIDC litigations from January 2012 till December 2018 is about Rs 417 billion. In the first round of litigations, the Supreme Court lease to annual the GIDC statute….