Computer software, aircraft, ships, defence stores and tractors: MoF urged to abolish ST exemptions
The Federal Board of Revenue (FBR) has proposed the Ministry of Finance to abolish sales tax exemptions on computer software, aircrafts, ships, defence stores, tractors, bulldozers/combined harvesters and components, import and supply of fully dedicated CNG Euro-2 buses and other exemptions under the reformed general sales tax (RGST). more... (BR)
Coal, clinker/cement terminal at Port Qasim: Ministry's proposal ready for ECC's approval
The Ministry of Ports and Shipping's proposal for establishment of coal and clinker/cement terminal at Port Qasim at a cost of $173 million is ready for approval of the Economic Co-ordination Committee (ECC) of the cabinet, official sources told Business Recorder. more... (BR)
Rule of Law Index: Pakistan worst in corruption, access to civil justice
Sweden and the Netherlands scored high, with the United States lagging its high-income peers in a new ranking of government effectiveness Thursday called the "Rule of Law Index." The first report by the World Justice Project ranks governments in a variety of categories such as absence of corruption, clear and stable laws, open government and access to the justice system.