reduce

The International Monetary Fund urges Pakistan to reduce the protection of the customs tariff for the auto industry – Trendy Blogger

by
The International Monetary Fund urges Pakistan to reduce the protection of the customs tariff for the auto industry – Trendy Blogger

  Karachi: The local auto industry faces uncertainty before the 26th fiscal year budget, as the International Monetary Fund (IMF) presses the government to rationalize the tariff of cars and allow the trade import of used cars. The International Monetary Fund has argued that the auto sector is excessively protected, with customs tariffs and duties … Read more

The bulls return to the PSX with the rise of the KSE-100 index by 1.7 %, hoping to reduce Indian tensions – Trendy Blogger

by
The bulls return to the PSX with the rise of the KSE-100 index by 1.7 %, hoping to reduce Indian tensions – Trendy Blogger

The Pakistani Stock Exchange (PSX) witnessed a positive transformation on Thursday, with the rise of the KSE-100 index by 1.7 %, or 1850 points, amid expectations that may cool the tensions between Pakistan and India. According to the PSX website, the market was opened with a positive note, where the standard indicator of indicators is … Read more

SBP will probably reduce the policy rate by 50 bits per second with a continued low inflation: Report – Trendy Blogger

by
SBP will probably reduce the policy rate by 50 bits per second with a continued low inflation: Report – Trendy Blogger

The State Bank in Pakistan (SBP) is expected to announce the reduction of 50 basis points (BPS) in its policy price to 11.5 % during the upcoming monetary policy meeting scheduled for May 5, 2025, according to analysts at Arif Habib Limited. The expectation depends on a continuous decrease in inflation, a strong pillow for … Read more

The government is to reduce corporate tax in the fiscal year budget 26 due to improving the financial area – Trendy Blogger

by
The government is to reduce corporate tax in the fiscal year budget 26 due to improving the financial area – Trendy Blogger

The federal government is considering reducing the average corporate tax and providing the broader tax exemptions in the coming budget for the fiscal year 2025-26, as it looks forward to supporting economic activity and creating job opportunities by taking advantage of the improved financial space that was created through low global oil prices and a … Read more

It may reduce the cotton sector crisis with a focus on research and development – Trendy Blogger

by
It may reduce the cotton sector crisis with a focus on research and development – Trendy Blogger

Agricultural farmers and experts emphasized the importance of research and development (R&D) in facing the challenges facing the cotton sector in Pakistan. They believe that research and development efforts can help improve cotton production, reduce dependence on imports, and increase exports. The Punjab Ministry of Agriculture has reported progress in achieving the goal of cotton … Read more

Sugar product company to install 200 kW of the solar energy project to reduce costs – Trendy Blogger

by
Sugar product company to install 200 kW of the solar energy project to reduce costs – Trendy Blogger

Tariq Corporation Limited, a product and seller of sugar and secondary products, decided to install a 200 -kW solar system to improve sustainability and operational efficiency, according to a report on the Pakistani Stock Exchange (PSX) on Monday. “We are pleased to inform you that Tariq Corporation Limited (TCORP) decided to install 200 kW, which … Read more

The Pakistani dairy industry urges to reduce taxes on packed milk – Trendy Blogger

by
The Pakistani dairy industry urges to reduce taxes on packed milk – Trendy Blogger

Islamabad: The Pakistani Dairy Association (PDA) urged the government to reconsider the imposition of high taxes and duties on bottled dairy products and dairy products, warning that high costs limit the consumer access and lead the deployment of low -quality milk in the market. In a letter to the Ministry of Industries and Production, PDA … Read more

The International Monetary Fund agrees to reduce 2 % to block tax purchases: Report – Trendy Blogger

by
The International Monetary Fund agrees to reduce 2 % to block tax purchases: Report – Trendy Blogger

The International Monetary Fund (IMF) in principle has agreed to reduce the deduction tax (WHT) on the purchases of property by 2 %, starting in April 2025, while leaving tax rates on real estate sellers unchanged. The decision follows the request of the Federal Revenue Council (FBR) to alleviate the costs of transactions in the … Read more

Govt supports Pak-Suzuki Biogas project to reduce oil imports, and increase farm income – Trendy Blogger

by
Govt supports Pak-Suzuki Biogas project to reduce oil imports, and increase farm income – Trendy Blogger

The Ministry of Industries and Production has pledged full support for the Pak Suzuki initiative to establish a biological gas factory in Pakistan, with the aim of developing biological gas as a source of renewable energy for industrial and transportation. This step is expected to reduce relying on imported fuel, low carbon emissions, and create … Read more

Puma to reduce 500 jobs around the world amid efforts to reduce costs – Trendy Blogger

by
Puma to reduce 500 jobs around the world amid efforts to reduce costs – Trendy Blogger

PUMA will reduce the world levels worldwide as part of the cost reduction program, the company announced after issuing weak expectations for the first quarter and 2025. The German sportswear brand has indicated slow demand in the United States and China as major challenges affecting its outlook. PUMA sales and annual profits, reported in January, … Read more