Uncategorized

06/07/2015

LONDON: Some five million Windows Insiders, or those who took part in the testing for Windows 10, will be the...

Govt must withdraw 0.6% withholding tax on banking transactions: ICCI

ISLAMABAD: The business community of the federal capital has asked the government to immediately withdraw the 0.6% withholding tax on...

Central banks of Pakistan, India complete work to open branches

DUBAI: The central banks of Pakistan and India have completed the necessary work for opening their branches in each other’s...

Govt to privatise 12 entities including steel mills, PIA

ISLAMABAD: The government to sell 12 public sector enterprises (PSEs), including steel mills during the new fiscal year 2015-16, under...

Sale up by 6.97% to 2.714mt: Cement sector registers all-time record growth in June

KARACHI: The country’s cement sector has witnessed record growth during the month of June as the cement despatched to domestic...

CAA DG sacked over ‘slow pace’ for completion of projects

KARACHI: Civil Aviation Authority (CAA) Director General Air Marshal (ret) Muhammad Yousaf has been sacked by the government over slow...

$2.9b bought last year: SBP to purchase dollars to build foreign currency reserves

ISLAMABAD: With the aim to maintain foreign currency reserves, the State Bank of Pakistan (SBP) has decided to purchase dollars...

Pakistani stocks ranked among world’s top 10 markets

ISLAMABAD: The country’s stocks have ranked among world top 10 stock market performers as they gained an index of 16...

70% of mangoes damaged by adverse climate in Punjab

KARACHI: Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) Research and Development Chairman Waheed Ahmed has said that...

900MW Quaid-e-Azam Solar Park: PM for early completion of project

LAHORE: With the aim to early tackle the power crisis, Prime Minister Nawaz Sharif has directed the Chinese company to...

Power transmission capacity increased from 13,500MW to 16,300MW: Abid

LAHORE: State Minister for Water and Power Abid Sher Ali, addressing a press conference at Wapda House, has said that...

Power transmission capacity rises by 2800MW: Abid Sher

LAHORE: Minister of State for Water and Power Abid Sher Ali said that the government through continuous and effective measures...

PM directs early completion of 900MW solar power project

LAHORE: Prime Minister Muhammad Nawaz Sharif has directed that Quaid-e-Azam Solar Power Project (QASPP) should be completed by April 2016...

Greece needs €36b more from EU: IMF

ATHENS: Greece needs 50 billion more euros ($55 billion) over the next three years, including 36 billion euros from European...

Jordanian Exports from Zarqa reach JD30 million in May 2015

AMMAN: The value of commodities re-exported with a certificate of origin from the Zarqa Chamber of Commerce and the chamber's...

Jordan Securities Commission to raise its capital from JD181.5m to JD200m

AMMAN: Capital Bank of Jordan was authorised last week by the Jordan Securities Commission ( JSC ) to raise its...

Hungary to Increase Oversight of Tax Professionals

BUDAPEST: Hungary's Deputy Secretary of State for Tax, Zoltán Pankucsi, has announced that the country will establish a new authority...

Portugal may need tax reform to fund rising health costs

LISBON: Portuguese Health Minister Paulo Macedo has indicated that tax hikes will be necessary to finance increasing healthcare costs. Speaking...

Polish Opposition Puts Forward new Tax Plans

WARSAW: Law and Justice (PiS), the second-largest political party in Poland, which is believed to be the frontrunner in upcoming...

South Africa Opens Tax Filing Season for 2015