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: 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 01, 2019: Central Depository Company has significantly reduced its service tariff for the Mutual Fund Industry up to 57 percent applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trustee fee for small sized mutual funds/schemes by permanently eliminating the minimum fee component and implementing flat rate…
Karachi, July 01, 2019: TPL Rupiya and Dosafar have entered into a strategic partnership for digitizing and scaling up the transport industry by providing the opportunity to increase the adoption of mobile payments. Both have signed MoU under which, TPL Rupiya will enable transport industry by providing state-of-the-art e-ticketing and online booking to commuters and further…
Islamabad, June 26, 2019: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Wednesday demanded from the government to announce first-ever “Industrial Amnesty” for the establishment of export-oriented industry without seeking the source of income to bring undeclared hidden assets in the documented economy besides boosting the volume of export. The decision to seek…