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Japan business lobby plans to encourage companies to allow small firms to pass on costs

TOKYO:  Japan’s most powerful business lobby, Keidanren, agreed on Thursday to encourage companies to allow subcontractors to pass on higher costs as the government tries to relieve a squeeze on profit margins at small firms. Rising input costs have become a contentious issue for subcontractors because many complain clients are refusing to pay more for parts and materials even as ... Read More »

FBR to publish biweekly list of active taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) will publish a list of active taxpayers on a fortnightly basis to promote the culture of documentation. In the budget 2014-15, the government had introduced higher tax rates for non-filers and the FBR published a directory in April this year to reveal the names of tax defaulters. The board will publish the list ... Read More »