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Articles for tag: assured, business, Denmark, gradual, Latest, reduction, Tax

November 30, 2025

News Desk

Denmark has assured a gradual reduction of the tax

Minister encourages Danish companies to explore Pakistan’s rapidly growing IT talent pool Islamabad: Federal Commerce Minister Jam Kamal Khan held a meeting with the Ambassador of Denmark to discuss ways to enhance bilateral trade, investment cooperation and energy sector cooperation between the two countries. During the meeting, the minister highlighted Pakistan’s ongoing stabilization measures under the International Monetary Fund (IMF) loan program, noting that the temporary tax hikes created pressure on businesses but were necessary to meet revenue targets. He assured the envoy that the government intends to gradually ease the tax burden and improve the overall business environment. Jam

March 16, 2024

News Desk

The IMF has assured an increase in electricity tariffs

Islamabad: Pakistan has assured the International Monetary Fund of a timely increase in electricity prices, including recovery of outstanding generation costs totaling more than Rs 210 billion – a move that may help the power sector achieve financial sustainability but at the cost of the people. Islamabad has also assured the global lender that it is ready to hand over power distribution companies to the private sector under concession deals – a promise that marks the first but necessary political departure from the Pakistan Muslim League-Nawaz (PML-N) government. . Last week, Prime Minister Shehbaz Sharif formed a committee to transfer

December 10, 2023

News Desk

Traders assured about the restoration of road infrastructure

KARACHI: Site Industrial and Trading Estate (SITE) Managing Director Ghazanfar Ali Qadri has assured the Hyderabad Chamber of Small Traders and Small Industries that they will address the issue of dilapidated road infrastructure and other challenges faced by SITE Hyderabad. He said this while presiding over a follow-up meeting of SITE Hyderabad Works and Sindh Small Industries Works committees at SITE Hyderabad office on the directives of Sindh Acting Minister of Justice (Retired) Maqbool Baqir. He said that no stone will be left unturned to fix infrastructure problems at SITE. As per the CM’s directives, all concerned departments are cooperating

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