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Large scale manufacturing sector is crucial for the economy but the main providers of jobs in Pakistan are the small and medium enterprises (SMEs) that need a boost to move from being local suppliers to global suppliers.

To ensure that the tax system remains fair and resilient in the digital economy, Singapore is to introduce Goods and Services Tax (GST) on imported services.

Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard.

Commerce Secretary, CBEC Chairperson ask officials to expedite disbursals

Export of textiles and apparel have been falling every months despite the government's efforts to give the segment a boost.

It will be at least three more years before the goods and services (GST) tax will be raised from 7 to 9 per cent. While the long lead time is "unprecedented", said experts, it is helpful to “kill off speculation” of when the hike will happen.