Stories from GOHAR ALI KHAN
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‘New taxes will cripple IT sector’
Experts warn higher taxes will hamper digitalisation, risk brain drain
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Agri allocations boosted by 62%
CM unveils Rs30.7b allocation, introduces new initiatives to combat climate impact, rising costs
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Hybrid vehicle concessions withdrawn
Finance minister pushes for industry growth amid calls for SME, middle-class support
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Budget 2024-25 withdraws hybrid vehicle tax concessions to boost local auto industry
Govt also proposes a shift from engine capacity-based advanced tax on vehicles up to 2,000 CC to a cost ratio basis
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Auto sales plummet amid economic turmoil
Car sales drop nearly 23% as high interest rates, inflation hit purchasing power of consumers
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Traders for action against debt crisis
Call for reforms to curb expenses, widen tax net, privatise loss-making SOEs
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High corporate tax rates – a barrier to MNCs
Burdening tax-compliant sector more may lead to disinvestment as has already been witnessed
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Political chaos, exorbitant energy cost listed as key challenges
Ex-minister says country can grow rapidly if these problems are resolved
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Over 50% industrial units shut down
Industrialists demand immediate govt action to avert impending disaster
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Auto sector seeks tax rationalisation
Insists increase in duties will help regulate excessive import of used cars