P@SHA high-ups were of view that Pakistan currently has one of highest tax rates and negligible surety over consistency of policies
Committee also approved provisional growth of GDP at 2.68% during ongoing FY2024-25
Minister appreciates ADB’s collaboration and support for supporting Pakistan’s fiscal and development goals
Going forward, Pakistan made commitment that it will avoid introducing any new RDs
IMF has projected external financing gap ranging around $23.13 billion in 2028-29 and $22.16 billion in 2029-30
Efforts will also continue as planned to raise revenue-to-GDP, broaden revenue base, and improve tax compliance
CDWP in a marathon meeting, which lasted over six hours, approved a total of ten development projects
Government has asked IMF for rationalisation of taxes for salaried, tobacco, and beverages sectors
In this picture taken on August 26, 2022, flood-affected women chop animal feed beside damaged rice crops after heavy monsoon rains in Jacobabad,...
Development comes after US President Trump brokered ceasefire between Pakistan and India
ECNEC also granted in principle approval for Dasu project with whopping revised cost
This will all depend upon appetite of market and mark-up rates prevailing in US and other markets
Malik says that it was not mere language but genuine skill and substance that drive results
FBR is also considering proposals to expand tax net through purchase of products via debit cards/credit cards
The Competition Commission of Pakistan building can be seen in this image. — APP/FileISLAMABAD: The Competition Commission of Pakistan has...
Initially, SAP allocation was Rs72 billion, but it was revised downward to Rs50 billion for current fiscal year
A man is counting Rs5,000 currency notes. — AFP/FileISLAMABAD: The government is exploring options to provide an interest rate subsidy on loans...
It is not yet known whether venue will remain same or would be changed to Doha or Dubai
IMF team and Pakistani side will kick-start parleys on finalising upcoming budget for 2025-26 this week
PM expresses satisfaction over approval, noting India’s attempts to obstruct loan proved unsuccessful
With implementation of newly envisaged NTP, it might lead to decrease in prices of vehicles and other products in Pakistan
Ministry of Planning is concerned that the allocated amount is too small for development projects
It is not yet known whether this scheduled visit of IMF will remain intact or may be converted virtually
Representational image of tax. — Unsplash/FileISLAMABAD: The Tax Payers Alliance Pakistan and the Policy Research Institute of Market Economy ...
It recommended government to slash both advance taxes and GST in next budget
Second quarter growth was jacked up by tinkering with livestock growth, which is highest in history of country
Poultry association representatives said tax per chick was too high for industry
While FTO has resolved over 6,000 complaints, officials remain alarmed by sudden influx
Ordinance also empowers provinces to confiscate tax-evaded cigarettes
Food and beverage deflation worsened in March, with prices tumbling -4.82% against -5.1% in March
According to Illicit Trade Index Report, Pakistan ranks 101 out of 158 countries, with composite score of 44.5
Only Rs12 billion could be recovered for national exchequer in April
Aurangzeb stated that no sector would be granted tax exemptions in upcoming budget
SCB is likely to disburse commercial loan within ongoing financial year till June 30, 2025, at SOFR plus 3% mark-up
Dr Saira raises $6 million in funds led by Rasmal Ventures and Joa Capital
This WHT rate was increased to 3% for filers and 6% for non-filers in tax year 2024
Pakistan’s proactive approach demonstrates its commitment to embracing the next wave of financial innovation
Central and West Asia continue to experience development disparities and social welfare challenges
A top official said summary was moved and then reverted with some objections, but now it was dumped
Persistent low growth will continue to hinder poverty reduction amid rapid population growth
An undated image of World Bank Headquarters in Washington DC. — AFP/FileISLAMABAD: The World Bank has identified under-taxation as a key...
No new provincial nature projects will be made part of the next PSDP for 2025-26
For last few days, Sindh protesters against canals project have blocked main highway connecting Punjab with Sindh
Hamdy stressed need for policy consistency and investor-friendly measures during discussion with reporters
As part of this process, PTA has already granted Class Licenses to provide VPN services to three companies
Omar possesses over 25 years of extensive banking experience across private sector lending, strategic and economic analysis
Government will publish distribution of scores for new projects by August 2026
Lender recommends rationalisation of tariff structure, as short-term gains over losses to long-term revenue streams