Textiles and ready-made garments are important in Pakistani economy

Textiles and ready-made garments are important in Pakistani economy

The ILO’s Better Work Program will help achieve the export target, Caroline Bate (Photo: File) Karachi: The textile and ready-made garments sector is the backbone of Pakistan’s economy. Miss Caroline Bate, Country Head of Better Work Program, while addressing the information session organized for Towel Manufacturers and Exporters Association members on International Labor and Environmental…

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Signing of double taxation avoidance agreement between Pakistan and Afghanistan

Signing of double taxation avoidance agreement between Pakistan and Afghanistan

Pakistan and Afghanistan signed double taxation avoidance agreement. According to the Federal Board of Revenue (FBR) announcement, the third round of talks between the delegations of Pakistan and Afghanistan took place in the FBR. In the talks, the consensus draft of Pakistan and Afghanistan was agreed. According to the statement, Chairman FBR Asim Ahmed said…

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Avoidance of Double Taxation: Signing of Convention between Pakistan and Afghanistan

Avoidance of Double Taxation: Signing of Convention between Pakistan and Afghanistan

A file photo of trade on the Pak-Afghan border Islamabad: Double Taxation Avoidance Convention was signed between Pakistan and Afghanistan. According to the details, the third round of negotiations between the delegations of Pakistan and Afghanistan in the Federal Board of Revenue took place in Islamabad. The talks between the two delegations were held in…

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IMF calls for privatization of government institutions, increase in price of electricity, gas and petrol

IMF calls for privatization of government institutions, increase in price of electricity, gas and petrol

Islamabad: The International Monetary Fund (IMF) has presented other demands to the government including privatization of loss-making public institutions, increase in electricity and gas prices. According to the sources, the technical negotiations between the IMF and Pakistan have ended. In the negotiations, the IMF demanded Pakistan to increase electricity and gas tariffs, to impose 18%…

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