In the metal downstream sector, the state government approved the proposal of Jindal India Ltd to set up a cold rolling complex of 0.5 million tonnes per annum
capacity and steel processing plant at Kalinga Nagar Industrial Complex in Jajpur district with an investment of Rs 1,676 crore, providing employment to about 1,300 people.
Furthermore, the income tax rates for those earning Rs1.2 to 2.4 million per annum
was reduced to just five per cent and for those earning Rs2.4 to 4.8 million per annum
was reduced to just 10pc.
Her one-bedroom apartment is priced Dh48,000 per annum
and it comes with facilities like gymnasium and swimming pool.
The BIR, however, clarified that in cases where the tax liabilities became due before the effectivity of the TRAIN law and where the full payment will only be made after the effectivity of the TRAIN law, the deficiency and delinquency interest imposed shall be at a rate of 20 percent per annum
for the period up to December 31, 2017 and 12 percent per annum
, for the period from January 1, 2018 until full payment of the tax liabilities.
GDP: Direct contribution The direct contribution of travel and tourism to GDP was RO849.5mn (US$2,209.5mn), 3.2 per cent of total GDP in 2017 and is forecast to rise by six per cent in 2018, and to rise by 5.9 per cent per annum
, from 2018-28, to RO1,603.4mn (US$4,170.1mn), 4.3 per cent of the total GDP in 2028.
The third train will increase the company's total urea installed capacity by some 75 per cent to 3 million tonnes per annum
from the current installed capacity of 1.652 million tonnes per annum
, added the report.
"Prior to completion, the seller of this property is willing to offer a guaranteed rental income on this property of [pounds sterling]3,192 per annum
for up to five years."
Attock Cement's installed capacity as of December 2017 was 1.79 million tons per annum
and now rises to 2.79 million tons per annum
because of its new production line having come online.
According to the All Pakistan Cement Manufacturers Association (APCMA), Attock Cement's installed capacity was 1.79 million tons per annum
in December 2017, which means that its total capacity has now gone up to around 3 million tons with the new addition.
The company also plans to launch a premium hatchback in January 2020, with a production target of 70,000 per annum
to compete with the Maruti Baleno and Honda Jazz.
After expansion, the company will boast a total rebar capacity of 750,000 tons per annum
. Shayan Akberali, the Managing Director at Amreli Steels Limited, said that the expansion will further enhance the footprint of Amreli Steels Limited across the country by supplying quality Rebars for infrastructure development and fulfilling needs of retail customers across Pakistan.
Summary: According to the Arabian Travel Market (ATM), investment into the travel and tourism sector in Kuwait is forecasted to grow by 4.3% per annum
over the next decade through to 2025, with a total investment figure of US$ 1 billion.