CANBERRA: Oil and gas companies in Australia will pay more tax under changes to the petroleum resource rent tax.
The change will curb “uplift concessions”, which determine tax deductions associated with exploration and construction, but existing projects are likely to be exempted.
Australia is set to overtake Qatar as the world’s biggest LNG exporter by 2020, but is forecast to receive much less in tax revenue than the Middle Eastern country.
KARACHI: Consul General of Sri Lanka in Karachi P.K. Sanjeewa Pattiwila has called for a more proactive approach to Pakistan-Sri...
ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...
LAHORE: The Federal Board of Revenue (FBR) has found no similar cases nationwide after investigating alleged irregularities in the customs...
ISLAMABAD: Pakistan expects commercial activity worth around $3 billion to benefit from reduced maritime insurance costs following the country’s removal...
