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The latest business news from the Lahore Herald: personal finance, business, financial, and economic news.

FBR

FBR is taking action against Freelancer

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The FBR will take action against Freelancer after becoming aware of the transactions of Rs 60 billion from abroad, carried out by a foreign company for 70 thousand people, who did not mention them to the tax authorities.
Industries

Govt is ready to establish small industries in North Waziristan

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The government is ready to establish small industries in North Waziristan (NW) that can open the ways to progress and prosperity.
Tax Credit

The government has agreed to provide a 100% tax credit to six sectors

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The government has decided to provide a 100% tax credit to six sectors after the removal of revenue exemptions from IT services and IT services. Coal extract; green industry; Renewable energy and shipbuilding projects.
Basmati rice

EU has accepted the Reasoned statement of Pakistan against India on Basmati

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The European Commission (EU) has accepted the ‘Reasoned Statement’ submitted by the Pakistan Rice Exporters Association (REAP) against India on Basmati Geographical Indication (GI).
google ad

Google increases ad rates after digital tax

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Google has notified its customers that it will increase ad rates on French and Spanish platforms by two percent starting in May to offset the impact of digital taxes on profits.
Jack Ma

Jack Ma is no more China’s richest man after coming under Beijing’s scrutiny

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Jack Ma, the founder of Alibaba and Ant Group, is no more China's richest man, showed a list published on Tuesday as his peers prospered while his empire was under strong scrutiny by Chinese regulators.

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