Trends - Tax policy - Business Recorder

Tax policy

Rethinking tax policy

EDITORIAL: The Asian Development Bank’s recent report, “Taxing informal and hard-to-tax sectors — a policy...

Updated 14 Jul, 2025 07:06am

Budget 2025-26

Aurangzeb reaffirms commitment to consultative policy framework

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirms government’s commitment to...

Updated 10 Jul, 2025 09:00am

BR Research

Taxing safety, subsidising risk

The government says it does not want to reward risk-averse investors. It wants to encourage risk takers instead. ...

Published 20 Jun, 2025 06:20am

Editorials

Expanding the net

EDITORIAL: There is no fiscal case, and certainly no moral one, for letting large segments of the economy operate...

Published 15 Jun, 2025 03:30am

Business & Finance

FPCCI opposes new taxes in budget

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Paracha...

Published 03 Jun, 2025 06:14am

Business & Finance

SAI submits comprehensive proposals for federal budget

ISLAMABAD: The SITE Association of Industry (SAI) has submitted comprehensive budget proposals for the Federal ...

Published 28 May, 2025 06:02am

Opinion

Pakistan’s flawed tax structure

Donor agencies have been clamouring for reforms in Pakistan’s unfair, inequitable and anomalous tax structure but...

Updated 26 May, 2025 07:18am

Budget 2025-26

Construction sector: builders, developers call for 15-year tax policy

The Association of Builders and Developers of Pakistan (ABAD) has called for a long-term 15-year tax policy for the...

Published 22 May, 2025 09:14pm

Technology

Pakistan’s IT, ITeS sector: P@SHA underscores need for consistent tax policy

ISLAMABAD: The Pakistan Software Houses Association (P@SHA) has strongly recommended a consistent tax policy with no...

Updated 21 May, 2025 09:25am

Business & Finance

Steel industry seeks a ‘viable and clear’ tax policy

ISLAMABAD: Pakistan steel industry, Friday, urged the government to draft a viable and clear written policy for the...

Published 10 May, 2025 06:08am

Pakistan

Pakistan’s tax-to-GDP ratio to reach 10.6% by June, Aurangzeb tell S&P Global

Finance Minister Muhammad Aurangzeb has said that Pakistan’s tax-to-GDP ratio is expected to reach 10.6% by the end...

Published 02 May, 2025 03:19pm

Growth in Pakistan may stay broadly unchanged: IMF

ISLAMABAD: Growth for Pakistan is expected to remain broadly unchanged in fiscal year 2025, reflecting a 0.6...

Updated 02 May, 2025 02:20pm

Budget 2025-26

Budget proposals: Independent experts evaluating: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government has engaged independent experts/...

Updated 01 May, 2025 04:15pm

Tax policy for cotton sector: FBR asked to seek viewpoint of IMF

Ministry of National Food Security and Research directed to conduct consultative meetings with all relevant stakeholders

Updated 10 Feb, 2025 03:14pm

Business & Finance

Senate panel questions ‘effectiveness’ of training programmes for FBR officers

Revenue shortfall of Rs384 billion recorded in first half FY25, Standing Committee on Finance and Revenue informed

Updated 30 Jan, 2025 10:50pm

Budget 2025-26: PBC suggests separation of tax policy from FBR

ISLAMABAD: The Pakistan Business Council (PBC) has recommended separation of tax policy from the Federal Board of...

Updated 29 Jan, 2025 09:43am

Aurangzeb informs PBC: Tax policy unit to be relocated to MoF

ISLAMABAD: Finance Minister Muhammad Aurangzeb has conveyed to Pakistan Business Council (PBC) that the government...

Updated 28 Jan, 2025 03:10pm

Macro-fiscal forecasts for budget: IMF asks govt to strengthen capacity of FD

Notes that current organisation of the Finance Division is relatively fragmented and presents an obstacle to achieving a more strategic approach to budgeting

Updated 16 Nov, 2024 09:08pm

Tax-to-GDP ratio drastically down in 2023-24

ISLAMABAD: The Tax-to-Gross Domestic Product (GDP) ratio drastically decreased from 9.22 percent in 2021-22 to 8.77...

Updated 08 Nov, 2024 09:41am

Opinion

Banking on missteps: latest tax policy will distort financial system

One of the more short-sighted fiscal measures recently introduced is the higher tax on banking income from ...

Updated 28 Oct, 2024 08:35am

Editorials

UN support for Global Tax Convention

EDITORIAL: The United Nations Framework Convention on International Tax Cooperation unveiled a draft during its ad...

Updated 06 Sep, 2024 07:39am

Non-filers must be brought into the tax net: PM

Seeks a comprehensive action plan with specific goals regarding the digitisation and reforms of FBR

Updated 06 Jul, 2024 07:55pm

e-vehicles, telecom sector: FBR vows to review omission of incentives

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the finance committee that it will review the omission of...

Updated 21 Jun, 2024 09:17am

Editorials

Missed revenue targets

EDITORIAL: The Federal Board of Revenue’s contention that it will fall short of its revenue target of Rs9.42...

Published 20 Jun, 2024 06:10am

GST on infant food, milk in phases

ISLAMABAD: The tax policy of introducing sales tax in three stages, starting from 5 percent on infant formula, baby...

Updated 20 Jun, 2024 09:00am

Business & Finance

Long-term tax policy reforms recommended: Economists for flexible tariff system

ISLAMABAD: Economists while recommending long-term tax policy reforms have urged the government to introduce and...

Published 11 Jun, 2024 03:17am

FTO proposes massive changes in tax policy/laws

ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed massive changes in tax policy/laws through Finance Bill 2024...

Updated 02 Jun, 2024 12:21pm

Opinion

Budget & tax policy

‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also depends...

Updated 31 May, 2024 07:29am

Govt, World Bank working on new CPF programme

ISLAMABAD: World Bank (WB) and Government of Pakistan (GoP) are reportedly working on a new Country Partnership...

Updated 23 May, 2024 08:46am

Pakistan

Health activists support IMF’s tax policy recommendations on revamping tobacco taxation

ISLAMABAD: Health activists Friday strongly supported International Monetary Fund’s (IMF) tax policy...

Published 23 Mar, 2024 05:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.26
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.35
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 11	4.96

Stock	Volume
S&P 500 / Jul 11	6,259.75
Nasdaq / Jul 11	20,585.53
Dow Jones / Jul 11	44,371.51
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,459.62
Hang Seng / Jul 14	24,260.76
FTSE 100 / Jul 14	8,955.66
Germany DAX 30 / Jul 14	24,036.07
France CAC40 / Jul 14	7,779.51

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 11	16,585
Gold 10 Grams PKR / Jul 11	306,069
Crude Oil USD/Barrel / Jul 14	69.32
Gold Spot USD/Ounce / Jul 14	3,371.80
Cotton US¢/pound / Jul 14	67.54
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

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Tax policy

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