GIDC ruling to massively hit industry countrywide: FPCCI

KARACHI: As the industrial sector is looking for availing the legal option of filing review petitions of the Supreme Court judgment in Gas Infrastructure Development Cess, the Federation of Pakistan Chambers of Commerce and Industry has said that implementation of

Finance Adviser welcomes Supreme Court’s verdict on GIDC case

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has welcomed the decision of the Supreme Court settling the long-standing Gas Infrastructure Development Cess (GIDC) case. In a tweet, the advisor also appreciated the good work

After public outcry, Govt decides to withdraw GIDC 2019

Islamabad: The Government has decided to withdraw the recently promulgated Ordinance. President of Pakistan Dr. Arif Alvi recently issued Gas Infrastructure Development Cess (Amendment) Ordinance 2019. The issued Ordinance waived off half of the outstanding liabilities of fertilizers, textile, power