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.
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has asked the Federal Board of Revenue (FBR) to accelerate...
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious investment agenda aimed at strengthening the province’s economic...
ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...
KARACHI: Ship recycling operations have resumed at Pakistan’s Gadani Ship Breaking Yard after an eight-year hiatus, with seven vessels now...
