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With the October order, the Supreme Court seems to have rocked the boats of MNCs by this restrictive interpretation on tax concession with MFN status, writes Chartered Accountant S Murlidharan. ....
Imran Khan chairs meeting to review ties with India SECTIONS Last Updated: Apr 02, 2021, 04:03 PM IST Share Synopsis A delegation from Pakistan arrived in New Delhi to hold talks with India under the 1960 Indus Water Treaty (IWT). In February, India and Pakistan had announced that they have agreed to a ceasefire along the Line of Control (LoC). Agencies The meeting comes a day after Pakistan s federal cabinet back-tracked on the Pakistan Economic Coordination Committee s (ECC) decision to allow the import of sugar, cotton and cotton yarn from India through land and sea routes. Pakistan Prime Minister Imran Khan on Friday convened a high-level meeting with country s Foreign Minister Shah Mehmood Qureshi and senior officials of the Foreign Office to review Pakistan s ties with India, local media reported. Khan will take a holistic review of the current status of the relationship between the two countries after recent developments, Geo News repo ....
Why Pakistan textile sector faces an uphill task to import Indian cotton, yarn March 04, 2021 × Since the Pulwama attack, Pakistan has lost its MFN status with India thereby impeding the import of duty-free cotton Hopes of Pakistan importing cotton from India have been raised after New Delhi and Pakistan renewed their agreement to observe a ceasefire along the Line of Control and the international border in Jammu and Kashmir last week. But there are a few hurdles, especially political ones, for Indian cotton to surmount before it can reach Pakistan, according to traders and industry officials. Earlier this week, Pakistan’s ....
Of agriculture isn t going to replace the market when brazil takes over and they re inputs. steel and aluminum is much higher. every american at a 25% tariff to china, a family would be paying about $2,000 for goods a year. so fundamentally, i mean, and again, this it s sort of just this knee jerk response that a tariff is sort of a instrument and it s tomb to make it fair t. we haven t really been able to open up their markets since they got mfn status in 2000. so fundamentally, i would address, try to bring opening, recognize opening to their markets. i don t think just tariffs alone does it. i think we have to work with the international community. but what about specifically with china? what deal would you want to reach with them? we point a lot of fingers at donald trump saying he s playing ....