Business & Economy

BEIJING, July 4 (Xinhua/APP) –: Some 1.09 million cars enjoyed China’s car purchase tax cut during the first month of the policy’s implementation, according to the country’s top taxation agency. The tax cut policy, which applies to some low-emission passenger vehicles, had saved about 7.1 […]

Istanbul, July 4 (AFP/APP): Inflation in Turkey in June soared to an annual rate of 78.6 percent, the highest in 24 years, official data showed on Monday, as President Recep Tayyip Erdogan’s unconventional economic policies continued to take their toll. The figure released by Turkey’s […]

HANOI, July 4 (Xinhua/APP): Vietnam raked in more than 11.9 billion U.S. dollars from exporting footwear from January to June, witnessing a year-on-year increase of 14.8 percent, according to the country’s Ministry of Industry and Trade on Monday. In the first half of 2022, the […]

ISLAMABAD, Jul 4 (APP): Adviser to Prime Minister on Kashmir Affairs and Gilgit Baltistan Qamar Zaman Kaira Monday said that the present government was taking wise decisions to uphold national integrity and to put the crippled economy of the country back on track. In an […]

LAHORE, Jul 4 (APP): Prime Minister Shehbaz Sharif on Monday directed the authorities concerned to review the load-shedding policy of gas supply for the factories solely dependent on the commodity for their functioning. Chairing a review meeting for the promotion of investment-related industries and the […]

Rawalpindi (PNI) On 3rd July 2022, around 11 pm fire erupted at FFC Mirpur Mathelo Plantsite which was extinguished immediately by adopting safety and emergency procedures (SOP). No personnel were affected during this event. As per initial report, fire occurred in the gas vessel of […]

Hong Kong, July 4 (AFP/APP): Asian markets were mixed and oil fell as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation. After the S&P 500’s worst January-June since 1970, Wall Street got the second half […]

LAHORE, Jul 3 (APP): Prime Minister Muhammad Shehbaz Sharif on Sunday directed the authorities concerned to take immediate steps for making the shut-down power plants functional and sought a report entailing clear reasons over the load-shedding. The prime minister chaired an important meeting to overcome […]

KARACHI, Jul 03 (APP): The Sindh Excise, Taxation and Narcotics Control department has achieved 111 percent tax collection targets till the end of the financial year 2021-22 and has collected a total of Rs 133350 millions in term of various taxes. This was stated at […]

ISLAMABAD, Jul 1 (APP): Prime Minister Shehbaz Sharif Friday commended the performance of Federal Board of Revenue (FBR) for achieving tax collection target of Rs 6.1 trillion. The PM, in a tweet on his Twitter handle, said, “This sets a good example for other ministries […]