Business Recorder
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Business Recorder
LCCI urges export-focused budget, abolition of PIDC
LAHORE: Prime Minister Shehbaz Sharif held a consultative meeting with presidents of chambers of commerce and industry at the Prime Minister House to seek recommendations from the business community on the upcoming federal budget and the overall e…
#Lahore
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Business Recorder
PM, Naqvi discuss law, order situation
LAHORE: Interior Minister Mohsin Naqvi called on the Prime Minister Muhammad Shehbaz Sharif in Lahore and discussed the country’s overall law and order situation. Mohsin Naqvi briefed the Prime Minister about security arrangements made for Eid-ul-…
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Business Recorder
Upbringing, character- building of kids: CM pays tribute to parents’ sacrifices
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has paid tribute to the unparalleled sacrifices made by parents in the upbringing and character building of their children. In her special message on the occasion of the Global Day of Parents,’’ th…
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Business Recorder
Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted into a public limited company in 1994. The company is engaged in the manufacturing and sale of radiators, exhaust system, sheet me…
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Business Recorder
Sindh senior minister reviews ADP 2026-27, ongoing projects
KARACHI: Sindh Senior Minister and Minister for Local Government Syed Nasir Hussain Shah on Monday chaired a high-level meeting to review Annual Development Plan (ADP) 2026-27 and progress on ongoing projects in the province. The meeting was atten…
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Business Recorder
Auto policy without localisation meaningless: PAAPAM
LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has warned the government that ignoring localisation in the Auto Policy will badly hit the steel melting industry. In a statement on Monday, Chairman PAAPAM …
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Business Recorder
ITO does not independently authorise coercive recovery or collection of tax: FTO
ISLAMABAD: The Federal Tax Ombudsman (FTO) has conveyed to the Federal Board of Revenue (FBR) that investigative provisions of the Income Tax Ordinance do not independently authorise coercive recovery or collection of tax without determination of …
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Business Recorder
Taxpayer harassment: ‘FBR officials systematically misuse powers’
ISLAMABAD: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under Section 175C of the Income Tax Ordinance, 2001 to harass taxpayers and extort money under the guise of monitoring proceedings,” said Wah…
#FBR
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Business Recorder
Auto policy: Striking the right balance
The Auto Policy 2026-31 is yet to be finalized, and every stakeholder is lobbying hard. Local assemblers want to preserve protection. Parts manufacturers are pushing for safeguards that support localization. Importers want lower barriers for compl…
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Business Recorder
Headline CPI inflation rose11.66 percent year-on-year in May, the highest in 24 months. Headline inflation stayed lower than market expectations, largely due to a bigger fall than anticipated in personal effects, detergents, footwearand fresh vege…
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