Lender estimates that Islamabad’s external financing needs have ballooned to $62.6 billion in three years under EFF programme
Meanwhile, first-ever Data Fest 2024 is scheduled for Oct 20-21 at Pak China Friendship Centre in Isb
From 2000 to 2022, Pakistan’s GDP per capita grew at average annual rate of only 1.9%
FBR study finds several registered entities misreport turnover, claim excess input tax, and use fake invoices
An undated image of World Bank Headquarters in Washington DC. — AFP/FileISLAMABAD: The World Bank has identified three major challenges facing...
They recommended that the current workforce of FBR apply to join the NTA based on merit
Formal agreement would require spadework and finalising parameters of re-profiling of Chinese IPPs debt
He was referring to the recent strife caused by the PTI, halting economic activities, especially in the twin cities
Reporting/countersigning officers have been requested to forward documents to Board
Pakistan has secured a commitment of $3.2 billion including $1.2 billion from the Kingdom of Saudi Arabia
Provinces will take steps to increase their own tax-collection efforts in sales tax on services and more
Federal minister says civilian and military leadership was moving in unified way under the ambit of SIFC
FBR has implemented six major decisions including merger of posts of Member Information Technology and Member Digital Initiatives
He said digitisation in the FBR could not succeed so far because the data was not integrated
Senate panel was informed that there was quota of 50% for trade and commerce groups for appointments abroad
In updated estimates, construction industry declined by -1.47% as compared to 5.86% estimated previously
Date extended till October 14 in view of requests from various trade bodies, says tax collection body
GSP Plus has been extended until 2027. Earlier, it was reaching its expiry last December 2023
Some interesting facts have surfaced related to the appointment of Balochistan Accountant General
FBR estimates tax gap of Rs700 billion in textile sector in all three major taxes — sales tax, income tax and customs duty
Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired the ECC meeting
Total tax gap identified by the FBR stands at Rs7.1 trillion on a per annum basis among all taxes
Finance ministry informed NA panel that government was committed to restoring energy sector’s viability
FBR proposes to make in exercise of powers conferred by sub-section of Section 237 of Income Tax Ordinance, 2001 , is hereby published for...
ADB has committed concessional lending of COL loans with a fixed rate of 2% while remaining 50% loan portfolio rate will be determined on OCR
A new report titled ‘Modernizing Governance: Challenges and Solutions in Pakistan’s Rules of Business and Secretariat Instructions
FBR will hire audit firms having a workforce of 4,000 professional auditors in its fold to scrutinise income and assets of HNWs individuals
These products have not yet fully benefitted from research and agricultural development programmes
Prize scheme was introduced during tenure of PTI-led regime but then it was discontinued for failing to bring desired results
Earlier, it was planned for Saturday but postponed, and a new date will be finalised soon
It is yet to be seen how much revenue will be fetched through enforcement steps and additional taxation measures
FBR has proposed that if tax dodgers were under filers up to tune of Rs1 million or more
Programme completed its first three years without achieving the desired targets and benchmarks
Floods claimed over 1,700 lives, with one-third of the victims being children
Pakistan does not exist on IMF’s Executive Board agenda till Sep 18, 2024
Iqbal noted that board would ensure implementation of 5Es Framework, 13th Five-Year Plan, and Vision 2030
A general view of Islamabad city can be seen in this picture released on January 5, 2023. — Facebook/@Capital Development Authority,...
Board issued a Statutory Regulatory Order on Friday
Purchase of durables and creation of posts under PSDP-funded projects shall be exempted from application of this ban
FBR has finalised its revised valuation tables for 42 major cities and decided to forward them
Minister highlights EIB’s priority areas such as climate action, and high-impact global investments in water, energy and transport sectors align...
IMF’s executive board has not included Islamabad in its calendar issued up to Sept 13, 2024
CDWP approved eight development projects worth Rs 144.3 billion during its meeting chaired by Minister PDSI
Finance Minister said FBR faced a shortfall of Rs98 billion but government would not hold up refunds to improve liquidity
FBR, decided to constitute a committee — comprising traders’ representatives — to review highest indicative fair market value rate of Rs60,000...
Report stated that overall impact of the Russian-Ukraine war on economy of Pakistan is significant mainly due to high fuel prices
FBR also showed that inflation receded from 28 to 11% in first two months, compared to same period of last fiscal year that also resulted in reduced...
Culture of alleged “bargaining” in clearing bills from national exchequer is visible in official minutes wherein serious allegations were levelled