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TDAP should ask for money bonds against income, sale tax refund claims: Siraj Khan

ISLAMABAD: The National Assembly Standing Committee on Commerce met in Trade Development Authority of Pakistan  office under the chairmanship of  Siraj Muhammad Khan, MNA. The participants were briefed by the TDAP chairman regarding its functioning and performance, according to the recommendations made by the committee in its previous meetings. Addressing the participants, the chairman said that TDAP has planned to launch ... Read More »

California Gov. Jerry Brown determine to utilize $59b for road repairs program

CALIFORNIA: Falling bridges and crumbling roads trumped anti-tax sentiment in more than a half-dozen states during this year’s legislative sessions, prompting them to increase gasoline and other taxes to address infrastructure needs. In some states, the taxes hadn’t gone up in decades. Tired of waiting for federal transportation dollars, eight states, all but one of them headed by Republican governors, ... Read More »

PM appoints new BoI chairman

ISLAMABAD: Prime Minister Nawaz Sharif has appointed Miftah Ismail as Chairman Board of Investment on an honorary basis. This was issued by the Cabinet Division in a notification. Miftah Ismail is a Karachi based businessman and belongs to the Candyland Group. He has his PhD in Public Finance and political economy from Wharton School of Business, in University of Pennsylvania, ... Read More »

New BoI members appointed

PESHAWER: Sarhad Chamber of Commerce and Industry President Zahidullah Shinwari and Khyber Electrical Lumps Manufacturers Company Limited Chief Executive Husnain Khurshid Ahmad have been appointed as members of Federal Board of Investment (BoI). A notification has already been issued by PM office in this regard. Read More »

Effective implementation of economic policies can make a big difference: BoI Chairman

ISLAMABAD: Without improving economic fundamentals of the country, the investment-to-GDP ratio cannot be improved in Pakistan, said Chairman Board of Investment Mohammad Zubair. In an exclusive interview with Customs Today at his office just before his departure for UK, Germany and many other parts of the world to lure foreign investors for boosting investment in Pakistan, Chairman BoI said that ... Read More »