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President, PM decide to take action against KESC

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani Tuesday night called on President Asif Ali Zardari in the Presidency and discussed a host of issues including the power outages in Karachi and other parts of the country. The meeting took serious notice of the frequent power breakdowns in Karachi and the failure of the utility to[…]

Islamabad : Aviation Policy 2008 to attract private sector

ISLAMABAD: National Aviation Policy 2008 aims at allowing private sector to construct and operate new and existing airports, to start private air taxi service through aircrafts, helicopters on chartered or non-chartered basis, 10-year tax holiday will also be offered to the companies intending manufacturing aircrafts in Pakistan.

Islamabad : House buyers to pay excise duty

ISLAMABAD (July 15 2008): A major shift in tax burden has been made through making amendments in Finance Act 2008 for collection of excise duty from the consumers/buyers of residential and commercial houses, etc, instead of directly collecting income tax from the influential real estate builders and developers.

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