Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts... Published 18 May, 2024 05:45am
Print FATA, PATA regions: No law under study to grant tax relief: Aurangzeb ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government... Updated 17 May, 2024 09:07am
Print Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget Updated 17 May, 2024 09:44am
Print Immovable properties: Hike in advance tax on purchase likely Taxation on real estate discussed during ongoing meetings between FBR and IMF Updated 17 May, 2024 11:39am
Business & Finance Budget: APCPC demands govt consult business community ISLAMABAD: All Pakistan Chambers Presidents Conference (APCPC) threatened the government of rejecting the budget for... Published 17 May, 2024 05:50am
Business & Finance Budget proposals: KCCI demands out-of-box solutions to save nose-diving economy KARACHI: High rate of inflation has pushed the prices of consumer goods and commodities to a level where these are... Published 17 May, 2024 05:50am
Print Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget ISLAMABAD: The government is planning to rationalise Federal Excise Duty (FED) regime in the coming budget with... Updated 16 May, 2024 09:26am
Print Development budget, PSDP: PM directs setting up of Ahsan-led panel ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a cabinet committee to be headed by the Minister for... Updated 16 May, 2024 09:02am
Business & Finance SPARC says seeks increased taxation on cigarettes ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)... Published 16 May, 2024 06:28am
Business & Finance All services under PRA will be brought under tax net: Minister LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue... Published 16 May, 2024 06:28am
Business & Finance Import of black tea: Govt decides to revise structure of duties, taxes ISLAMABAD: The government has decided to revise duties and taxes structure on the import of black tea in coming... Published 16 May, 2024 06:28am
Editorials Political uncertainty or just bad economics? EDITORIAL: The refrain that political uncertainty is exacerbating the economic impasse due to inconsistent policies,... Published 16 May, 2024 06:28am
Business & Finance H1: Fiscal deficit increases to 2.3pc of GDP KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Services sector posts a meagre growth of 0.5pc KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Contained CAD, better inflows help improve external account KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained... Published 15 May, 2024 05:47am
Print FBR proposes Rs1.3trn new taxation measures Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors Updated 15 May, 2024 10:44am
Business & Finance IT services exporters: P@SHA proposes taxation reforms KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary... Published 15 May, 2024 05:47am
Business & Finance NGO for tax reforms in cigarette manufacturing sector ISLAMABAD: Capital Calling, an Islamabad-based think tank, has pointed out that cigarette manufacturing is one of ... Published 15 May, 2024 05:47am
Business & Finance Q2 of FY24: Industrial production records contraction for 4th consecutive quarter KARACHI: The industrial production recorded contraction for the fourth consecutive quarter in the second quarter of... Published 15 May, 2024 05:47am
Print Finance Div earmarks Rs573.9m provisional IBCs for FY24-25 ISLAMABAD: Finance Division has reportedly earmarked Rs 573.915 million Provisional Indicative Budget Ceilings... Updated 14 May, 2024 09:34am
Print NA budget session to commence on June 6 ISLAMABAD: The ongoing National Assembly session will discuss the proposals regarding the coming budget session for... Updated 14 May, 2024 09:11am
Business & Finance PSMA Punjab chief says govt required to play the role of ‘facilitator’ for industry LAHORE: Pakistan Sugar Mills Association (PSMA) Punjab Chairman and leading industrialist Chaudhry Zaka Ashraf has... Published 14 May, 2024 05:18am
Print IK says will not flee ‘like Zardari, Nawaz’ ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday said that he... Updated 14 May, 2024 08:56am
Business & Finance IMF briefed about tax gap, revenue collection position ISLAMABAD: The Federal Board of Revenue (FBR) Monday briefed the International Monetary Fund (IMF) on the existing... Published 14 May, 2024 05:18am
Business & Finance Call to raise tobacco taxes up to 70pc to minimise consumption ISLAMABAD: Malik Imran Ahmed, country head of “The Campaign for Tobacco Free Kids” (CTFK) has urged the... Published 14 May, 2024 05:18am
Pakistan Speaker summons parliamentary leaders’ meeting today ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has called a meeting of parliamentary leaders on Monday at... Published 13 May, 2024 06:08am
Opinion Growth model needs to be long term Pakistan has never achieved impressive growth rates in its history with the highest rate (average) achieved in the... Published 13 May, 2024 06:08am
Opinion Tax reforms: Aurangzeb has a difficult road ahead Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,... Published 13 May, 2024 06:08am
Print Aurangzeb spells out priorities Says improving tax-to-GDP ratio, fast privatisation of state-owned enterprises and overhauling energy sector are priorities of the government Updated 13 May, 2024 10:12am
Print Ali Pervez will join team: Aurangzeb LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Ali Pervez Malik MNA is joining the government economic team.... Updated 13 May, 2024 11:17am