Officials in Ministry of Finance (MoF) have insisted transparency on credit cards tax collection, saying Ministry of Communication and Information Technology (MCIT) despite of controlling and monitoring the process, they should also launch transparency while collection of credit cards taxes.

New tax law draft ready for approval

Monday, 06 February 2017 05:16 Written by

Officials in Afghanistan Chamber of Commerce and Industries (ACCI) attended the ceremony held over taxation campaign assessment week in Kabul, said new draft for collecting taxation is ready for approval it will facilitate the way of receiving taxes from the different classes of taxpayers.

Officials at Afghanistan Chamber of Commerce and Industry (ACCI) have expressed concerns saying, the country’s carpet weaving industry is at the risk of ruin amid officials in Ministry of Commerce and Industry (MoCI) claimed that carpet industry exportation to abroad have increased significantly.

Afghanistan's Public Health Ministry has prohibited the import of medicines from 90 foreign firms, citing poor quality.

NPC approves contracts worth 7.4 billion AFN

Tuesday, 31 January 2017 03:31 Written by

The Afghan government has approved contracts worth 7.4 billion AFN during a meeting of the National Procurement Commission.

The Central Asia-South Asia (CASA-1000) electricity supply project could not be completed on schedule due to a delay in the award of a contract for converter stations following a request from a French company, a media report said on Sunday.

Afghanistan's national power utility on Saturday signed contracts with two Indian firms over distribution of electricity in the country's three provinces.

The projects are worth $55.8 million which will be financed by the Asian Development Bank in non-refundable manner.

More than $700m USD invested in poultry sector

Wednesday, 25 January 2017 04:07 Written by

According to the Ministry of Agriculture and Irrigation (MoAI), more than $700 million USD has been invested in poultry farms and bird seed production in the country in the past few years.

Poultry farms have seen significantly growth in southern Kandahar province in the recent years, with 500 million afghanis invested in the roaring business.

Currently, 470 poultry farms are operational in Kandahar, with 12 of them producing eggs and the rest providing chickens to meets 70 percent of the provincial demand.

Salt mine tender delay costing got millions

Monday, 23 January 2017 04:52 Written by

TOLOnews findings reveal that a national revenue loss of at least $400,000 USD has transpired due to a prolonged bidding process for Ghorian Salt Mine extraction in Herat province.