This decision follows the rejection of twenty representations filed by the FBR challenging the FTO’s orders
The IMF has re-adjusted monthly revenue collection targets with the hope that the FBR will materialise its desired tax collection target
The IMF also asked the FBR for binding property developers to track and report all transfers prior to completion and registration of property titles
It is expected that Pakistan would make a formal request to the IMF for granting a fresh bailout package of over $8 billion
FBR has entered into an agreement with the Karandaaz Pakistan for the digitalisation of tax system
IMF wants improved fiscal federalism and proposed revision of the NFC Award
"This would be final review of SBA, and staff level agreement is expected after this appraisal," says finance ministry
The IMF will also raise the issue of the timeframe for slapping tax schemes for retailers
In the post-EFF agreement with the IMF, he said that Pakistan would fetch foreign inflows through commercial financing and launching international...
External financing plays a pivotal role in the advancement of developing nations like Pakistan
Official sources said PIA would have to move towards bifurcation in two entities and it requires four to five steps for reaching that stage
The IMF team is expected to reach Pakistan next week
Moody’s has upgraded the outlook of Pakistan’s banking sector from negative to stable amid macro challenges and easing fiscal pressures
The IMF stands ready to send its mission to Pakistan after the formation of a new cabinet under the $3 billion Standby Arrangement programme
The IMF has conveyed its policy prescriptions to Pakistani authorities
FBR had stated that they had cleared all verified GST claims of Rs65 billion
The first and foremost challenge for the upcoming minister for finance would be making all-out efforts to achieve the FBR’s tax collection
The major export-oriented sectors claim that the outstanding GST refunds were hovering around Rs500-600 billion
The finance secretary briefed PM Shehbaz Sharif on the current economic situation of the country
IMF has estimated that the rationalization of GST rates could yield revenues of 1.3 percent of Gross Domestic Product
IMF recommended to FBR to double the tax burden for salaried and non-salaried classes by removing their distinctions
The finance ministry has painted a rosy picture of the economy
FBR is facing a revenue shortfall of Rs33 billion in the outgoing month as the tax machinery fetched revenues of Rs681 billion against the assigned...
Dr. Gohar Ejaz sits and looks on to the Holy Quran as he assumes the charge as Caretaker Federal Minister of Interior in Islamabad on January 24,...
The country’s very weak fiscal strength and elevated political risks also constrain its credit profile
The FBR high-ups briefed the PMLN leadership, including Senator Mussadiq Malik and Ahad Cheema
High-quality policy reforms addressing the long-term structural challenges of climate change or pandemic preparedness
Islamabad has now made a fresh request for $1 billion worth of SOF for the next 10 months
Dr Shamshad Akhter also wishes her name to be included in the list
When asked to comment on Imran Khan’s letter, she says I’m not going to comment on ongoing political developments
This critical support was made possible through a EUR 3 million contribution from EU's Humanitarian Aid Operations Department
The GSMA said it encourages the ministry to explore the implementation of AONS in Pakistan
The Pakistani rupee has experienced significant depreciation in recent years
In the first press release, the figures were wrongly incorporated and used trillion instead of billion
CCP’s assessment of pre-merger application indicated that there were no overlaps between merging parties in areas of business activities such as...
The portfolio of the upcoming finance minister will not be a bed of roses at all
ISLAMABAD: The Competition Commission of Pakistan has approved a merger that will see a Korean company investing in Pakistan’s hydropower...
The petitioner had not been considered for promotion to the vacant post
The FBR has restructured its Audit Wing to include a Compliance Unit and Audit Unit
PALSP delegation briefed PM on challenges and most pressing issues of steel sector
National Resources is a private limited company, engaged in exploration, survey, extraction, excavation, mining, and boring of minerals
The government increased the system 'local' gas prices with an immediate effect from February 1, 2024
Tariff was hiked to meet deadline of for hiking the gas prices under structural benchmark criteria till February 15, 2024
The Forum, despite the refusal of Sindh and Balochistan to bear the cost of 50 percent for imported urea for their respective sharing
FBR has concluded a signed written agreement with all four provinces on immovable property valuation tables
According to the Ministry of Finance assessment, the IMF’s review mission might visit Islamabad by the end of the ongoing month
Ch Nisar parted ways with PMLN and contested the 2018 election as an independent candidate for the NA seat but lost it
The forum gave approval of the project subject to approval of the CCI