Review delay throws IMF’s EFF off the track? KARACHI: The IMF’s Extended Fund Facility (EFF) has once again fallen off track amid delays in completion of the 9th... Updated 23 Dec, 2022 08:41am
Business & Finance Dec 2022: FBR confident of achieving Rs965bn revenue target sans extra taxation steps ISLAMABAD: The Federal Board of Revenue (FBR) is confident of achieving the revenue collection target of Rs965... Updated 20 Dec, 2022 09:33am
Editorials The revenue shortfall EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ... Published 19 Dec, 2022 06:00am
Business & Finance Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ... Updated 17 Dec, 2022 10:04am
Business & Finance Experts see significant cut in prices of petrol, diesel ISLAMABAD: The price of petrol is likely to go down significantly in the range of Rs10.11 per litre while the price... Published 15 Dec, 2022 06:00am
Print Electricity bills: PD says doesn’t want to manage tax, surcharge collection Expresses willingness to do away with the role of collection of taxes, surcharges on electricity except General Sales Tax Updated 09 Dec, 2022 09:44am
Business & Finance Textile value chain: APTMA demands restoration of ‘zero rating’ KARACHI: All Pakistan Textile Association (APTMA) has urged the federal government for immediate restoration of... Updated 08 Dec, 2022 09:11am
Pakistan Political parties urged to unveil their economic agendas KARACHI: The Pakistan Businesses Forum (PBF) CEO, Ahmad Jawad, has urged mainstream political parties to share their... Published 06 Dec, 2022 05:58am
Print Commission set up to help govt mobilise resources ISLAMABAD: Finance Minister Ishaq Dar has constituted an 11-member Reforms and Resource Mobilization Commission... Published 02 Dec, 2022 06:45am
Print HSD, SKO & LDO: PL increased to generate Rs36.199bn ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent... Updated 02 Dec, 2022 09:45am
Business & Finance LPG price up by Rs11.7/kg for Dec ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by... Updated 02 Dec, 2022 09:49am
Pakistan Economic advice: Dar constitutes 11-member reform, resource mobilization commission Reforms and Resource Mobilization Commission will advise and make recommendations to finance minister on economic policies Updated 01 Dec, 2022 10:59pm
Print Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large... Updated 27 Nov, 2022 09:41am
Print Sugar export: decision to be taken on Thursday ISLAMABAD: The government would decide whether to allow the export of sugar or not on Thursday after collecting data... Updated 22 Nov, 2022 09:34am
Print Revenue shortfall may ‘force’ FBR to tax banking profits as well If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products Updated 14 Nov, 2022 10:08am
Print Tax evasion: FBR lacks capacity to analyze big data: World Bank ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also... Updated 08 Nov, 2022 09:45am
Technology The reasons why IT-telecom sector lagging behind explained ISLAMABAD: Pakistan’s information technology and telecom sector is lagging behind its potential due to... Updated 03 Nov, 2022 12:17pm
Business & Finance Income tax return deadline extended till Nov 30 ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 512 billion in October 2022 against the... Updated 01 Nov, 2022 10:47am
Business & Finance Analyst links survival of industries to reduction in power bills KARACHI: Unless the ‘imposed charges’ on electricity bills are offloaded and the bills are reduced, the survival... Published 11 Oct, 2022 05:54am
Business & Finance Oil prices likely to dip ISLAMABAD: The fortnightly price of petroleum products (POL) is likely to climb down by up to Rs14.71 per litre ... Published 29 Sep, 2022 06:49am
Print There’s no plan to raise GST on POL products: official ISLAMABAD: The government has no plan to increase the general sales tax (GST) on petroleum products, however... Updated 24 Sep, 2022 10:15am
Print Extra revenue collection goal: Govt may not pass full relief on to POL consumers ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ... Updated 15 Sep, 2022 09:59am
Opinion Floods continue to be ignored by IMF Finance Minister Miftah Ismail has repeatedly claimed that the harsh conditions agreed on behalf of the hapless... Published 12 Sep, 2022 06:01am
Opinion Prices of POL products New petroleum prices have been announced; there is no big increase in prices of Petrol and HSD. However, the... Published 11 Sep, 2022 03:51am
Print Sales reports: No monthly GST return option available to pharma cos, claims KTBA KARACHI: No monthly sales tax returns option is available to report sales by the pharmaceutical industry. This was... Updated 10 Sep, 2022 10:00am
Opinion Need for all-out reforms Economic growth is strongly related to good governance and political stability in a country. Unfortunately, during... Published 09 Sep, 2022 06:09am
Business & Finance Flood-relief goods: FBR clarifies GST exemption ISLAMABAD: The total supply of flood-related goods - imported and locally supplied/sold - is exempt from payment of... Published 07 Sep, 2022 04:13am
Editorials IMF report: some glaring omissions EDITORIAL: During the early hours of Friday, Pakistan time, the International Monetary Fund (IMF) released its... Published 03 Sep, 2022 04:25am
Print Petroleum levy on petrol jacked up by 87pc ISLAMABAD: Federal government has jacked up the rate of petroleum levy (PL) on petrol by 87 percent, ie, all-time... Updated 02 Sep, 2022 11:35am
Print First half of Sept: Cut in oil prices expected ISLAMABAD: An estimated up to Rs20 per litre reduction in the prices of major petroleum products (petrol and... Updated 31 Aug, 2022 09:42am