Ministry of Industry and Production Archives -

Ministry warns higher GST can threaten investments in auto sector

June 22, 2024June 22, 2024 - by Web Desk

The latest budget proposed a significant increase in the general sales tax (GST) on hybrid vehicles and local manufacturers, raising the tax from 8.5% to 25%. However, the Ministry of …

Business

Govt considers allowing urea price hike

February 11, 2024February 11, 2024 - by Web Desk

ISLAMABAD: The government is considering allowing fertilizer manufacturers to hike urea prices by up to Rs 358 per bag, shifting the entire burden of over Rs 30 billion of imports …