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Business

Web Desk
Jun 13, 2024

ECC approves conditional sugar export amid price stability concerns

ECC has given the green light to the Ministry of Industries & Production for the export of 150,000 metric tonnes of surplus sugar.

Pakistan

Web Desk
Mar 24, 2024

ECC reshuffled: Aurangzeb appointed chairman, Dar removed

ECC will now comprise members including the Minister of Planning, Minister of Energy, Minister of Petroleum, Minister of Economic Affairs, and Minister of Commerce.

Business

Web Desk
Mar 09, 2024

Which cars are affected by FBR’s 25% sales tax?

In a recent development, the Federal Board of Revenue (FBR) has implemented a significant policy change by imposing a 25 per cent sales tax on domestically manufactured or assembled cars with an invoice price exceeding Rs4 million.

Business

Web Desk
Feb 22, 2024

Federal cabinet approves Rs7.49 billion Ramzan Relief Package

The federal cabinet gave its nod to the Ramzan Relief Package 2024, allocating an impressive Rs7.49 billion as the holy month approaches.

Business

Web Desk
Feb 17, 2024

ECC’s GST hike sparks fears of surging car prices in Pakistan

This GST hike is expected to have notable repercussions for both the volume and revenue aspects of the automotive sector.

Business

Web Desk
Feb 14, 2024

ECC approves 25% sales tax on locally manufactured vehicles

The Economic Coordination Committee (ECC) of the cabinet has granted approval for a 25 per cent sales tax on locally manufactured vehicles.

Business

Shahzad Paracha
Jan 10, 2024

ECC allows manufacturers to include financing costs in Urea prices

This grant, ECC was told, would also be utilised for Davis Cup (Tennis) with India and other mind games like scrabble and chess. The Committee approved provision of additional funds amounting Rs 100 million as Technical Supplementary Grant (TSG) for FY 2023-24.