Sunday, September 23

Business

Increase in worth of Rice Exports- US$ 1.889bn in 11 months of FY 2017-18

Increase in worth of Rice Exports- US$ 1.889bn in 11 months of FY 2017-18

Business
ISLAMABAD: The rice exported from the country during 11 months of current financial year registered 29.15% growth as compared to the exports of corresponding period of last year as about 3.842 million metric tons of rice worth US$ 1.889 billion. According to the data provided by Pakistan Bureau of Statistics, the exports of rice was recorded at 3.889 million metric tons valuing US$ 1.463 billion during same period of last year. During the period from July-May, 2017-18, 461,472 metric tons of basmati rice worth US$ 478.853 million were exported as against the exports of 406,824 metric tons worth US$ 385.746 of same period last year. In last 11 months of financial year 2017-18, basmati rice exports grew by 24.14 percent as compared the  exports of the corresponding period of last ye
Pakistan’s Largest International Electrical And Electronic Exhibition

Pakistan’s Largest International Electrical And Electronic Exhibition

Business
Karachi: Pakistan's largest international electrical and electronic exhibition will be held on July 31 to August 2 in the "Industrial Electrical and Electronic Cooperation of Pakistan" Karachi Expo Center. Exhibition Engineer M. Irfan Sheikh said that this shows the engineering engineering industry, where government officials, policymakers will be able to get together in the field of development opportunities and new projects, at the show, , Power Generation, Energy Conservation, Electronic, Electrical and other fields will be able to find out about the new opportunities in the country, not only from platforms, but they will benefit from each other's experiences, but also about opportunities for development. Will you know? Vice President of Karachi, Engineer Prakash Lohana, said ...
Sales Tax Was Increased On Various Goods Including Steel Products And School Bags

Sales Tax Was Increased On Various Goods Including Steel Products And School Bags

Business
ISLAMABAD: The federal government has made the imported items of steel products, various types of bags, baffoo vessel cases, walts and leather products. The Federal Board of Revenue (FBR) issued notification that will apply from 1st July. Under the notification, amendments have been made in SRO 1125 (I) / 2011 issued on December 31, 2011. The notification has been told that the discounted general sales tax imposed on imports of leather and artificial leather has increased from 6 percent to 9 percent, the manufactured goods for leather and artificial leather users are 9% The discounted sales tax can be imported. In addition, goods can be imported at 9 percent percent discounted sales tax, including leather and artificial leather trunk, suit case, brief case, travel bag, handbag...