Manufacturers warn of raising urea prices by 17% if govt tries to recover GIDC

FBR policy board discusses proposal to carve new legal structure

Federal Board of Revenue offers simple one-page income tax return form after failure of amnesty scheme

Approves increase of 20% in electricity prices for export-oriented sectors

Tax details break myth that manufacturing sector contributes more than its size

Centre eyes private sector’s role in mega development projects

Cargo held up at ports and roads due to administrative hiccups, mismanagement

On average, a salaried individual paid Rs114,000 while a businessman paid Rs131,000 in taxes in FY18

Trade deficit narrows on back of contraction in imports

PTI govt looks to run SOEs on commercial basis but does not want to lose control