Posts tagged as: import

The US government should learn from Chinese excise and taxation system – Part 1

The year 2011 was a mercurial one in the US stock exchanges; perhaps the country is still living through the aftermaths of the 2008 financial crisis and 2009 economic meltdown. However, since coming into power, the US president, Barack Obama has done little to the remedy of situation. According to a recent survey by a […]

The US government should learn from Chinese excise and taxation system – Part 2

Moreover, the excise duty on imported luxury items like vehicles, watches and even pens has been increased alongside taxes on big houses. The reason for such a remodelling is that the elite can still afford luxury despite the increased prices of such commodities. The proof of this was evident in a latest research that showed […]

Gas shortfall worsened; ECC puts the import of CNG kits under a ban

Another attempt from the government to put reins on the gas shortfall in the country became public on Thursday, when the Economic Coordination Committee (ECC) of the Cabinet imposed a ban on the import of CNG conversion kits and cylinders. The installation of new CNG kits in the vehicles will also be restricted immediately as […]

Pakistan to import more gas from Iran – Pakistan oil and gas sector update

Pakistan to import more gas from Iran – Pakistan oil and gas sector update ISLAMABAD – It has been learnt from reliable sources that federal government of Pakistan has decided to negotiate with Iran to increase its natural gas imports for the running tax year. Currently, Pakistan is importing 750 million cubic meters of per […]

Pakistan removes import ban from 12 Indian commodities

Pakistan removes import ban from 12 Indian commodities Pakistan has decided to lift an import ban from 12 Indian commodities on November 12 and said that decision will allow normalising the trade relations between neighbours. The decision has been taken after the friendly and conducive meeting between the premier leadership of the arch rival at […]

LNG import licenses to be awarded in a fair manner – Ministry of Petroleum and Natural Resources Pakistan

LNG import licenses to be awarded in a fair manner – Ministry of Petroleum and Natural Resources Pakistan ISLAMABAD: Ministry of Petroleum and Natural Resources and Oil and Gas Regulatory Authority (OGRA) has said that it is is consultation with all the stakeholders for Liquefied Natural Gas (LNG) import. Rumors about favouring one party of […]

Food Insecurity – A looming crisis

ISLAMABAD (17 October 2011) the speakers of a conference organized to commemorate the World Food Day have stressed the need of having an effective and responsive food governance mechanisms to ensure equal access to food and to control high food prices in Pakistan.   Highlighting food and energy as immediate challenges faced by Pakistan , they said […]

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