Business & Economy

Key Features of Trade Policy 2015-18

Key Features of Trade Policy 2015-18

The Strategic Trade Policy Framework (2015-18) announced on 22nd 2016 has set an annual export target of $35 billion by the year 2018.  The framework, the first announced by the current government, will be implemented with a total funding of Rs.18bn in a period of three years. Four major targets include: boosting exp­orts, improving export […]

March 30, 2016 | By More
Doing business with Morocco

Doing business with Morocco

The Embassy of Pakistan in Morocco has prepared the following trade related information for doing business with Morocco:- Brief on rice Import/Export Morocco and duties Petroleum Industry Morocco Renewable Energy Morocco Motorcycle and Bicycle industry Morocco Sugar Market Morocco Brief on wheat Morocco

November 23, 2015 | By More

Taxation and Budget

Income Tax Assessment Scheme for Traders

Income Tax Assessment Scheme for Traders

In the Finance Act 2015, the Government had introduced a withholding income tax at the rate of 0.6% on all financial transactions for non-tax filers. In response to the appeal of the traders’ community, the tax rate was reduced to 0.3%. The Government had been holding discussions with the traders to facilitate their smooth entry […]

January 5, 2016 | By More
Highlights of Federal Tax Ombudsman Pakistan Annual Report 2013

Highlights of Federal Tax Ombudsman Pakistan Annual Report 2013

s of the Revenue Division/Federal Board of Revenue and their field offices. The FTO Secretariat is headquartered at Islamabad with Regional Office at Karachi, Lahore, Peshawar and Quetta while offices for more cities are also in the pipeline. The law empowers the FTO to entertain complaints against the FBR officials administering income tax, customs duties, […]

February 22, 2015 | By More

SME Development

UNIDO announces Global Cleantech Innovation Program for SMES and Startups in Pakistan

UNIDO announces Global Cleantech Innovation Program for SMES and Startups in Pakistan

UNIDO Pakistan has announced Global Cleantech Innovation Program – GCIP for SMEs and Startups in Pakistan. The initiative is a part of a three years Global Cleantech Innovation Program – GCIP, currently running in 7 countries including Pakistan and aimed at developing a sustainable entrepreneurship ecosystem by supporting clean technology innovations in SMEs and start […]

April 28, 2015 | By More
Anti Corruption Compliance Guide

Anti Corruption Compliance Guide

In many countries fighting corruption seems to be an impossible battle, especially for mid-sized companies with limited resources. While there is a broad global consensus that corruption suppresses competition and innovation, thus hampering entrepreneurship and economic growth opportunities, countering it presents a challenging task due to resistance to reform in corruption-tainted business environments. In many […]

April 8, 2015 | By More

Energy

Causes of Energy crisis — recommendations for short term solutions:

Causes of Energy crisis — recommendations for short term solutions:

Pakistan is facing serious energy crisis for the last few years, which is taking a heavy toll on the trade & industry as well as on the overall economy. Many factors have contributed to give rise to this crisis. The major causes of prevailing energy shortage are highlighted below along with some recommendations to address […]

August 18, 2014 | By More
The total tax contribution of E&P companies Pakistan

The total tax contribution of E&P companies Pakistan

As part of Pakistan Petroleum Exploration and Production Companies Association’s work to quantify the economic contribution to the Exploration & Production E&P companies for which Total Tax Contribution methodology was applied for member companies activities in Pakistan. The results are very revealing and importantly assist the sector to be more open and transparent about the […]

December 9, 2012 | By More

Entrepreneurship

The Youth Employment Crises in Pakistan

The Youth Employment Crises in Pakistan

Today the world faces the challenge of creating job opportunities for the growing youth population. 75 million young people are jobless, four million more than in 2007. Of those who are working, more than 200 million earn less than $2 a day, living mostly in developing countries. The International Labour Organization (ILO) in its annual […]

October 13, 2012 | By More
Promoting Youth Entrepreneurship in Pakistan

Promoting Youth Entrepreneurship in Pakistan

“The Young Entrepreneurs’ Forum is committed to addressing the prevalence of barriers that prevent aspiring entrepreneurship from taking the first step towards an entrepreneurial career” – Shaban Khalid, Chairman, YEF. Promoting entrepreneurship is an important priority for Pakistan’s economic development. According to Global Entrepreneurship Monitor’s 2010 report, Pakistan lags in startups, with less than half […]

April 15, 2012 | By More

Market Reports

Market reports Poland

Market reports Poland

Pakistan Embassy in Poland has prepared the following market reports for linkage with Polish counterparts: Poland is one of the emerging auto parts market in Europe. The size and the improved economic conditions are having a positive impact on the sales of vehicles and vehicle parts.During the recent global financial crisis when sales plummeted throughout Europe, the Polish economy […]

November 24, 2015 | By More
Doing business with Morocco

Doing business with Morocco

The Embassy of Pakistan in Morocco has prepared the following trade related information for doing business with Morocco:- Brief on rice Import/Export Morocco and duties Petroleum Industry Morocco Renewable Energy Morocco Motorcycle and Bicycle industry Morocco Sugar Market Morocco Brief on wheat Morocco

November 23, 2015 | By More