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Tag Archive | "Exports"

Export-oriented sectors exempted from WHT

Wednesday, October 1, 2008

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ISLAMABAD: Federal Board of Revenue (FBR) has decided to exempt 10 percent withholding tax on electricity consumed by five zero rated export oriented sectors: textile, leather, sports goods, carpets and surgical instruments. All export oriented industrial units which have been zero rated from sales tax would be eligible to get exemption benefit of 10 percent withholding [...]

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Govt focusing on diversified sectors to achieve export target

Monday, September 29, 2008

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ISLAMABAD: The government is focusing on the diversified sectors to achieve the export target of 22.1 billion dollars set for the current financial year. Sources told state-run Radio that a series of steps have been taken to boost exports of pharmaceutical items, gems and stones, furniture and herbal medicines. In view of the good prospects [...]

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Price of exporting cotton to India

Friday, September 26, 2008

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Big textile crisis in the making, masses to pay price Islamabad: A big textile crisis is in making as cotton output is set to slide by almost 3.2 million bales which may damage the textile industry beyond early repair, Pakistan Economy Watch said on Friday. Last year cotton output was short by 3.8 million bales and Pakistan [...]

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German DM calls on PM

Friday, September 5, 2008

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ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said that German government’s relaxation in its present policy of exports of small arms to Pakistan will strengthen Pakistan’s capability to fight terrorism. The Prime Minister was talking to Dr. Franz Josef Jung, Minister for Defence of the Federal Republic of Germany who called on him at [...]

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Pak IT exports reach $175 million in 2007-08: PSEB MD

Tuesday, July 1, 2008

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ISLAMABAD: Pakistan Software Export Board (PSEB) has reached the figure of USD 175 million annual IT exports during the financial year 2007-08 about USD 13 million more than the USD 162 million target set for the said year. “We are satisfied with the pace of progress of the local IT sector and ambitious about its [...]

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