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Tax on luxury houses, cars, marriage halls proposed: Sources
Punjab government proposes taxes on luxury houses, vehicles, farm houses, marriage halls and parks for Budget 2011.
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Inflation: Sensitive Price Indicator rises 15%
SPI for the lowest income group up to Rs3,000 registered a nominal decrease of 0.12 per cent over the previous week.
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‘Pakistan needs to invest in technology’
Employment opportunities, market efficiency major challenges.
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Advertising awards aimed at increasing creativity
PAS Chairman said that the main objective of PAS Awards was to raise the standard of advertising in Pakistan.
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Court dismisses Petrosin’s appeal
Singapore-based firm was seeking stay against award of gas projects.
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Budget 2012: ‘Govt will focus on fiscal self-reliance’
Businessmen agree that some tax exemptions should be removed.
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Economic Council: Growth framework targeting 7% rise in economy approved
Govt’s role to be restricted to policy-making and regulation.
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Market rallies on positive budget related news
Removal of the Capital Gains Tax likely after meeting between PBC and government.
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Budget 2012: Development budget gets nod as Punjab CM boycotts
Balochistan protests discrepancy between allocations and disbursements.
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Budget 2011-12: NEC approves Rs730b for development budget
Finance minister says federal component to get Rs 300 billion, provinces to get Rs 430 billion.
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Market watch: Stock market continues to firm
Benchmark KSE-100 index climbs 27 points.
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Global share float depends on investor confidence
Govt plans to sell shares of HBL, NBP and Kot Addu in the London market.
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Slowdown: Fertiliser sales decline four per cent
Gas supply suspension to the industry restricts local production.
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Commercialisation of seed sector to begin
Small farmers will have access to quality seeds at village centres.
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Energy demand: Shell hesitant to jump into LNG fray
Regulatory constraints prevent company from investing further in Pakistan.
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Providing logistics: Engro eager to enter LNG market
Firm ready to expand import terminal pending govt go-ahead.
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Stepping into the LPG business: SSGC board turns down overpriced buyout proposal
Progas and Progas Holdings go on sale following swelling dues.
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Petrosin enters into litigation with OGDCL
Singapore-based firm battles over projects worth $500m.
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No more: Cabinet decides to wind up sick bank
Industrial Development Bank hit by massive loan write-offs.
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Account holders: SBP bars banks from imposing service charges
Move initiated to stem the decline in bank accounts in recent years.
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Market watch: Bourse rises for fifth straight day
Benchmark KSE-100 index gains 30 points.
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Forex reserves rise to $17.07 billion
Increase reflects current account surplus.
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Refinery acquisition: PSO gets more time to make decision
Announcement of offer or withdrawal will be made before August 25.
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LSE demands reduction in Federal Excise Duty
Say that it has increased the cost of trading for investors.
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Gwadar-Faisalabad: Chinese express interest in road link
Trade between China and Pakistan likely to flourish.
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Budget 2011-12: What’s in store for the cement sector?
No solid decision expected for the cement industry.
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Govt likely to set aside Rs19b for nuclear power projects
Feasibility study for 1,000MW plant in Karachi planned.
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Polyester fibre: Ibrahim Fibre to invest $250 million
Company to establish new unit by 2012.
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Afghan transit trade: Curbing smuggling unrealistic goal: policy makers
Smuggling may continue under current structure, say officials.
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Govt approves projects despite paucity of funds
ECNEC rejects calls for cutting development spending.
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Pakistan edges closer to EU duty waiver: Diplomat
Pakistan could boost sales to the EU by 100 million euros.
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Opting for a career in Information Technology?
With computers being an integral and permanent part of the human social fabric, the scope of this field is limitless.
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Budget fiscal 2012: Govt to continue shaking up the energy sector
Parameters for resolution of the circular debt likely to be announced.
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Market watch : Stock market firms to three-month high
Benchmark KSE-100 index firms 38 points.
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Consumers face 15 hours power outages
Power company’s official washes hands of the matter.
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Plan to privatise Republic Motors may be shelved
Govt fails to recover company’s prime land from illegal occupants.
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Misaligned incentives: How tax collection targets ruin long-term fiscal stability
FBR officials insist that reform is not possible when the finance ministry keeps setting higher numerical targets.
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SBP opens refinance scheme to non-farm sectors
Borrowers in flood-hit areas to benefit from the facility.
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Power tariff : NEPRA allows increase of Rs1.07 price rise
Power cost rises due to increase in furnace oil.
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Energy boost: ADB offers $4.5b for Diamer-Bhasha dam
Bank and Pakistan bridge differences, loan releases depend on pace of construction.
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Wheat: Higher crop yield to boost production
Target of 25m tons expected to be achieved this year.
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‘Pakistan unlikely to get EU package after Indian resistance’
Pakistan not likely to get EU economic package due to strong opposition from India.
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SBP quarterly report: Banking sector assets rise by 8%
Investments in government papers one of the main reasons.
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‘Pakistan needs to work on image’
Commonwealth business forum offers many opportunities.
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Corporate tax: American Business Council seeks cut
ABC of Pakistan proposes reduction in the corporate income tax rate in the upcoming budget for 2011-12.
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Transfer of power: Provinces demand end to NEPRA’s role in pricing
Council of Common Interests to interpret the constitution.
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LPG producers: Controversial petroleum levy on the cards
Move aimed at taxing only half the industry.
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New model, new price: Indus Motor unveils Corolla Altis
Local maker introduces eco-meter for the first time.
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Market watch: Bourse gains 100 points amid better volumes
‘High-profile meetings on low volumes spark investor interest’.
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ADB may offer $500m for Diamer-Bhasha Dam
Bank to finance major water and power projects.













































