LONDON: The U.K. insurance industry urged Chancellor Philip Hammond on Monday not to raise insurance premium tax when he announces the Budget on Wednesday, saying another hike in the rate would be “horribly unfair.”
The Association of British Insurers fears that Hammond may be about to raise the tax for the fourth time since November 2015 when he delivers the government statement on the country’s finances to the House of Commons. The rate has doubled from six percent to 12 percent in that time.
LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...
ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...
KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...
ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...
