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Islamabad Airport NOTAM

Govt to offer huge tax relief to new PIA owners

Business /

ISLAMABAD (Kashmir English): The government has come up with major tax incentives for facilitating the privatization process at the Pakistan International Airlines PIA, trying to revive the struggling entity that has suffered losses amounting to Rs500 billion since 2015, Privatisation Adviser Muhammad Ali said on Wednesday. Addressing the gathering alongside the country’s Information Minister, Attaullah […]

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tax

AJK IRD vows to implement Track & Trace System to improve tax compliance

Business, Kashmir /

  MIRPUR (Kashmir English): Azad Jammu Kashmir Inland Revenue Department has reiterated its commitment to ensure implementation of the Track and Trace System to enhance transparency, improving tax compliance, and preventing illegal production and smuggling in the tobacco sector. The move, officials believe, will ultimately lead to a significant increase in government revenue and overall

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Bad news for Solar system users as govt announces new net billing rules

Pakistan revises solar net metering policy for solar systems

Business /

ISLAMABAD (Kashmir English): The “revised” norms on net metering for solar customers in the country have been introduced by Pakistan. The net metering regulation has been modified after due consideration with relevant stakeholders and has been approved by the Ministry of Energy. It has been revealed that the net metering agreement presently operational is soon

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