Business

17 businessmen have disappeared in the past four months.

Donors ask Pakistan to step up output by 1 bcfd in 2015.

Says they will not increase prices despite rise in excise duty.

Langove says the revenue authority has been formed to enhance tax net and increase spending on the welfare of people.

Govt reduced tax from 16% to 10% for FY15.

Amount in line with stated target; yield on GIS comes around 7.97%.

Several banks surpass their annual targets; disbursement up 13.6% .

Benchmark KSE-100 index rises 17.47 points.

Trafficking casebook garners attention of Pakistan’s tobacco industry and tax watchdog.

KSE laments increased taxes to affect market liquidity.

Terminal to be premier handler, adhere to international standards.

Company failed to maintain segregation of clients’ assets among other issues.

Benchmark KSE-100 index falls 483.61 points.

Central bank’s foreign exchange reserves increased $56 million to $8,669 million.

Says anti-competitive practices make urea expensive for farmers.

Low exports in May a reason behind weak BoP position.

Sweden’s IKEA promises assistance for the industrial zone.

Lack of trade information hampers foreign investment.

Instead of progressive tax policies, equitable asset distribution, policymaker continue to place faith in big business

Federal government is seeking to extend the statutory deadline by another four years, to 2023.

Meets all requirements of LNG policy and rules, says regulator.

Urges govt to consider amendments in finance bill.

This Includes 1.6 million shares of KSE Limited with face value of Rs10 each.

Asks ministry to reduce withholding tax to 5% and federal excise duty to a single digit.

SBP’s Payment Systems Review shows 390 new ATMs installed in 1QCY14.

Says move will hurt export-oriented industry.

Says they are forced to pay tax
at higher rate.

Amount 13.4% less than previous year; reliance on banking sector reduces.

ECC expected to take up matter when it meets next week.

Benchmark KSE-100 index falls 166.62 points.

The ministry’s directive to PTA will be effective from August 1, 2014.

Coca Cola MENA chief Ferguson says he expects sales growth of around 20 per cent in Pakistan this year.

Imposition of GIDC would prove to be disastrous for the industry and terribly affect Pakistan’s exports.

Trade quantum between Pakistan and Indonesia has reached $1.6 billion.

Large number of people experience low voltage, unscheduled outages.

Seeks ECC’s approval for committee that will finalise gas price deal.

Benchmark KSE-100 index falls 326.44 points.

First consignment of 2.9 tons sold out within few hours of reaching stores.

Sponsors say 10MW plant will serve as a pioneering solar IPP.

Major increase witnessed in telecommunication sector, shows SBP data.

Hong Kong-based airline to suspend flights to Pakistan from this month .

Lender concerned about delay in NEPRA’s restructuring and PIA privatisation.

Provincial government will provide security and protection to the foreign investors.

Existing life-time tax on motorcycles is Rs1,000, which the government has now proposed to be increased to Rs1,500.

Cites losing confidence in country due to lack of facilities.

Newly-announced taxi scheme could lift earnings by 13% to 20%.

Will produce 30 mmcfd of gas, 3,300 barrels of condensate.

Takes back Rs75b in concessions, which is Rs28b lower than announced in budget.

Govt has proposed change in income tax on their flying allowance.

Government releases amount as part of restructuring package.