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.
WUHAN: Sindh Chief Minister Syed Murad Ali Shah met with senior officials of China’s Hubei province to expand cooperation in...
ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...
KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the...
KARACHI: The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity...
