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
Pakistan PBC calls for the removal of 1% CVT on foreign assets The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has called for the... Updated 17 May, 2024 05:55pm
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 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 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 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 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
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
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
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
Print FPCCI seeks comprehensive tax reforms LAHORE: To address the issue of tax collection, Federation of Pakistan Chambers of Commerce and Industry (FPCCI)... Updated 13 May, 2024 09:03am
Print Economist urges broader reforms in tax administration LAHORE: Former Finance Minister Dr Hafiz A Pasha has expressed the hope that Pakistan might achieve 13 percent tax... Updated 13 May, 2024 09:04am