BR100 Decreased By (-0.06%)
BR30 Decreased By (-0.34%)
KSE100 Decreased By (-0.05%)
KSE30 Decreased By (-0.04%)
AGHA 6.72 Increased By ▲ 0.04 (0.6%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.49 Increased By ▲ 0.17 (0.3%)
BOP 30.32 Decreased By ▼ -0.03 (-0.1%)
CNERGY 13.05 Decreased By ▼ -0.07 (-0.53%)
CSIL 5.39 Decreased By ▼ -0.02 (-0.37%)
FCCL 52.66 Decreased By ▼ -0.13 (-0.25%)
FFL 14.60 Decreased By ▼ -0.12 (-0.82%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.13 Increased By ▲ 0.04 (0.66%)
KOSM 6.15 Increased By ▲ 0.42 (7.33%)
LOTCHEM 26.50 Increased By ▲ 0.04 (0.15%)
MLCF 93.10 Decreased By ▼ -0.06 (-0.06%)
NBP 164.90 Increased By ▲ 0.24 (0.15%)
NCPL 55.40 Decreased By ▼ -0.26 (-0.47%)
NPL 60.40 Decreased By ▼ -0.76 (-1.24%)
OGDC 315.08 Decreased By ▼ -1.65 (-0.52%)
PACE 10.02 Increased By ▲ 0.15 (1.52%)
PAEL 35.42 Decreased By ▼ -0.21 (-0.59%)
PIBTL 14.83 Increased By ▲ 0.15 (1.02%)
PPL 224.85 Decreased By ▼ -2.06 (-0.91%)
PRL 92.90 Decreased By ▼ -0.12 (-0.13%)
PTC 60.00 Decreased By ▼ -0.26 (-0.43%)
SSGC 23.80 Decreased By ▼ -0.01 (-0.04%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.87 Increased By ▲ 0.07 (0.9%)
TPL 22.40 Increased By ▲ 0.05 (0.22%)
TPLP 12.90 Decreased By ▼ -0.07 (-0.54%)
TREET 22.30 Increased By ▲ 0.14 (0.63%)
TRG 56.70 Increased By ▲ 0.14 (0.25%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Topic

VAT

FBR estimates nearly $3.5bn VAT gap

FBR estimates nearly $3.5bn VAT gap

Published 16 Jun, 2021 03:39am
ISLAMABAD: The Federal Board of Revenue (FBR) has estimated that the value-added tax (VAT) gap in Pakistan is nearly...
Botswana central bank sees inflation breaching target range

Botswana central bank sees inflation breaching target range

Published 29 Apr, 2021 06:38pm
  • Due to supply-side factors related to the coronavirus pandemic as well as the upward adjustments in taxes and administered prices we see inflation breaching the 6 percent upper bound before it falls back within the range in the first quarter of 2022.
  • Effective in April, the government hiked value added tax (VAT), increased the fuel levy and introduced a new tax on sugar-based drinks, which the central bank expects to drive prices higher.
Saudi inflation rate eases further in March to 4.9%

Saudi inflation rate eases further in March to 4.9%

Published 15 Apr, 2021 12:04pm
  • Annual inflation was 3.4% in 2020, picking up in the second half of the year after the VAT hike. The first half had seen mild inflation, following a deflationary trend in 2019, when the annual rate was -2.1%.
UK to extend virus support, may raise tax in budget

UK to extend virus support, may raise tax in budget

Published 02 Mar, 2021 10:43am
  • They added that Sunak must also help the economy -- which has shrunk by around 10 percent owing to the pandemic -- adjust to the "triple challenge" of Brexit, Covid and the green energy transition.
Nigeria needs to raise VAT to boost revenues post-recession: IMF

Nigeria needs to raise VAT to boost revenues post-recession: IMF

Published 08 Feb, 2021 08:03pm
  • "The Nigerian economy is at a critical juncture. Policy adjustment and reforms are urgently needed to navigate this crisis and change the long-running lackluster course," it said.
  • Nigeria collects the equivalent of 5.7% of gross domestic product in tax and the government mostly relies for revenue on crude sales.
Loading...