Monday , November 30 2020
Breaking News
Home / Tag Archives: Tariff

Tag Archives: Tariff

Australia set to cut 5pc tariff on Pakistani textile

KARACHI: With a view to help Pakistan balance its trade, the Australian government will slash import tariff on Pakistani textile to a maximum of five percent. Australian High Commissioner to Pakistan Peter Heyward revealed while addressing the annual dinner of Pakistan Australia Business Forum (PABF). He reiterated the Australian government’s resolve to facilitate Pakistan by slashing tariff on import of ... Read More »

Australia plans 5pc tariff for Pakistani textiles to balance trade: HC

KARACHI: With a view to help Pakistan balance its trade, the Australian government will slash import tariff on Pakistani textile to a maximum of five percent. Australian High Commissioner to Pakistan Peter Heyward revealed while addressing the annual dinner of Pakistan Australia Business Forum (PABF). He reiterated the Australian government’s resolve to facilitate Pakistan by slashing tariff on import of ... Read More »

Nepra to impose new electricity tariff after Power Ministry’s approval

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday okayed hike in power tariff by Re 0.52 per unit under fuel adjustment. Central Power Purchasing Agency (CPPA) had sought increase over Re 1 per unit, stating that production exceeded Rs 60.53 billion expenses due to additional usage of fuel during September. However, Nepra approved Re 0.52 increase in electricity tariff. ... Read More »

NEPRA upsets consumers with 52 paisa hike to meet Rs60.53b expenses

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday okayed hike in power tariff by Re 0.52 per unit under fuel adjustment. Central Power Purchasing Agency (CPPA) had sought increase over Re 1 per unit, stating that production exceeded Rs 60.53 billion expenses due to additional usage of fuel during September. However, Nepra approved Re 0.52 increase in electricity tariff. ... Read More »

PTI protest’s fear compels NEPRA to retain power tariff

ISLAMABAD: The government on Tuesday decided to retain the electricity tariff at an average rate of Rs11.52 per unit against a tariff of Rs13.81 per unit suggested by National Electric Power Regulatory Authority (NEPRA). The government decision is seemed to be heavily influenced by the announcement of PTI to stage protests against hike in power tariff. The government decided to ... Read More »

ECC likely to slash customs duty in new Auto Policy 2014

ISLAMABAD: Economic Co-ordination Committee (ECC) of the Cabinet is likely to slash the tariff for auto sector after review of the draft of Auto Development Policy (ADP) 2014. According to a report, a committee led by Minister for Water and Power Khawaja Asif has reviewed the draft of Auto Development Policy 2014 recommending some changes in duty and tariff. In ... Read More »

Weekly review: Rupee sheds 25 paisas against dollar after Eid holidays

LAHORE: The Pakistani rupee weakened in the following two-trading-day week started after the weekend and Eidul Adha holidays as the US dollar gained 20 paisas in inter-bank and 25 paisas in open market against Pakistani rupee from Thursday to Friday. As per detail, the value of dollar in inter-bank market was 102.4 on Thursday and 102.6 on Friday against rupee, ... Read More »

Weekly review: Rupee steadier, weighs 20 paisas in interbank

LAHORE: The US dollar lost 20 paisas in inter-bank and 15 paisas in open market against Pakistani rupee during the week-long trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.75 on Monday and 102.6 on Friday, ... Read More »

Commerce Ministry strives for market access to Japan, Canada, Australia

ISLAMABAD:  The Commerce Ministry is making efforts to get market access status from emerging economies such as Japan, Canada, Australia and others on the pattern of Generalised Scheme of Preferences (GSP+) granted by the European Union (EU) According to the World Trade Organisation (WTO), the facility of market access for goods provides conditions, tariff and non-tariff measures, agreed by members ... Read More »

Weekly review: Rupee steadier trend persists

LAHORE: The US dollar lost 10 paisas in inter-bank and 5 paisas in open market against Pakistani rupee during the weeklong trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.7 on Monday and 102.6 on Friday against rupee, while, in open market its value was 102.9 on Monday and 102.85 on Friday, ... Read More »

Nepra gives nominal relief to electricity consumers

ISLAMABAD: Now people can enjoy ‘less expensive’ electricity as the country’s power regulatory authority has announced to cut the tariff by 29 paisa per unit on account of fuel adjustment for August 2014 The National Electric Power Regulatory Authority (Nepra) decided this during a public hearing on a petition, filed by the Central Power Purchasing Agency (CPPA). According to the ... Read More »

Australian dollar weakens, pound joins the rally

LONDON: The British pound, to take advantage of weak Australian dollar, has joined other low-yielding major currencies like the US dollar and euro, as the broader Australian dollar exchange rate complex suffers fresh weakness. Sources said that independent foreign exchange providers will be able to deliver up to 5 percent more exchange rate when compared to bank in many instances. ... Read More »

Weekly review: Rupee firms in inter-bank, weakens in open market

LAHORE: The US dollar lost 20 paisa in inter-bank and gained 5 paisa in open market against Pakistani rupee during the weeklong trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.85 on Monday and 102.9 on ... Read More »

Dwindling Pak rupee

Pakistani rupee is under pressure again, losing value against US dollar in inter-bank and open markets day by day. Once upon a time, rupee was attached with UK pound and all the payments used to be made in pound sterling, but was shifted to dollar in early 70s. Rupee had never been valueless even during the united Pakistan despite a ... Read More »

Rupee strengthens in inter-bank, weakens in open market

KARACHI: The Pakistani rupee strengthened in inter-bank against US dollar on Wednesday, after many days downtrend in market due to floods and political chaos in the federal capital. As per details, the US dollar weakened 20 paisa to reach 102.5 in inter-bank and strengthened 5 paisa to 102.9 in open market against Pakistani rupee on Wednesday. On Tuesday, the US ... Read More »

LCCI to sign MoU with Ghurki Trust Hospital

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) and Ghurki Trust Teaching Hospital have decided to sign a Memorandum of Understanding (MoU) to provide best healthcare facilities to the LCCI members. As per details, LCCI decided to sign a MoU with Ghurki Trust Teaching hospital during the visit of a delegation, led by Vice President Kashif Anwar, to Ghurki ... Read More »

Dollar up 30 paisa in inter-bank due to increased demand

KARACHI: The Pakistani rupee weakened in inter-bank and strengthens in open market against US dollar on Tuesday. As per details, US dollar strengthened 30 paisa to reach Rs 102.7 in inter-bank and weakened 5 paisa to reach Rs 102.85 from earlier Rs 102.9 in open market. On Monday, the US dollar strengthened against Pakistani rupee in inter-bank and open market ... Read More »

Rupee continues to lose value against US dollar

KARACHI: US dollar strengthened against Pakistani rupee in inter-bank and open market on the first trading day of trading on Monday. As per details, US dollar strengthened 40 paisa to reach 102.9 in open market and 20 paisa to reach 102.4 in inter-bank market against Pakistani rupee. On last Friday, the US dollar strengthened 35 paisa to reach 102.5 in ... Read More »

Weekly review: Rupee sheds 50 paisa against dollar

LAHORE: The US dollar strengthened 50 paisa and 25 paisa in inter-bank and open markets respectively during the weeklong trading from Monday to Friday, as the deadlock between the negotiators — representing the government and Pakistan Tehreek-e-Insaf (PTI) over the resignation of Prime Minister Nawaz Sharif — continued during weeklong talks. The US dollar strengthened 20 paisa against Pakistani rupee ... Read More »

Rupee continues to lose value, sheds 40 paisas

KARACHI: The US dollar strengthened against Pakistani rupee in inter-bank and open market on last day of trading on Friday. As per details, the US dollar strengthened 35 paisas to reach 102.5 in open market and 40 paisas to reach 102.2 in inter-bank market against Pakistani rupee. On Thursday, however, Pakistani rupee weakened 15 paisas to reach 102.15 in open ... Read More »