IMF asked Pakistan to introduce the General Anti-Avoidance Rule by amending Sales Tax Act 1990
CCP’s announcement made, stating that applicants are required to pay money upfront in order to enroll
FBR is mulling over different options to abolish the Non-Active Taxpayer List and slap exorbitant rate of 10-15 percent for selling to unregistered...
UNDP said that Pakistan’s journey towards digital transformation is articulated against a backdrop of formidable challenges, including economic...
Aurangzeb ruled out possibility of any “Plan B” and made it clear Pakistan would go for longer and larger size of IMF programme to implement the...
This photograph taken on December 7, 2021, shows a sign of the World Health Organization at its headquarters in Geneva. — AFP ISLAMABAD: The...
In this image, the United Nations Development Programme board can be seen outside the office. — United Nations Development Programme...
IMF’s spokesperson insists that the Fund’s executive board is scheduled to meet till end of April 2024
Accompanied by Ambassador of China to Pakistan Jiang Zaidong, delegation is participating in deliberations with the aim of strengthening bilateral...
Pakistan has shown its interest and also made a request to dispatch IMF review mission in May 2024 to firm up details of next bailout package of...
Amid the failure to revive the cash-bleeding PIA, government is left with no other option but to sell it to any potential investor
Five Customs officials have embraced martyrdom in an intelligence-based operation in district Dera Ismail Khan
On the tax collection target, the major target has now been envisaged for June 2024
Share of illicit cigarettes in the country has gone up to 63pc in current fiscal year, while tax-paying companies share has shrunk significantly in...
The Saudi FM and FM Ishaq Dar held comprehensive talks to lend a positive impetus to bilateral cooperation
The Ministry of Law is supposed to issue rules after promulgation of an Ordinance known as Tax Laws Ordinance 2024
Size and duration of the upcoming bailout package will be worked out by IMF’s review mission
The SIMs will be blocked within the ongoing month, The News has learnt
The insurance sector is vital for managing risk and capital generation
The enquiry report states that the CCP has shed light on the profitability, cost structures, subsidies and their impact
GDP growth rate is projected to go up to 2.3 percent in FY25 while inflation would fall to 12.2 percent
A shopkeeper pictured at a grocery shop in a market in Karachi. — AFP/FileISLAMABAD: Pakistani researcher and scholar, Aftab Alam Khan, is a...
DRF released its seventh annual Cyber Harassment Helpline Report for 2023 on Thursday
The caretaker government had ratified the draft of FTA, including the Bilateral Investment Treaty
PIDE’s strategy called for a systemic overhaul to ensure economic progress and prosperity
Afghanistan & Central Asian countries are importing expensive sugar from India while due to low freight
Any arbitrary increase in urea prices by fertilizer companies can lead to higher costs for farmers, ultimately resulting in more expensive food...
The FBR has been fulfilling the IMF requirements on materialising the quarterly envisaged revenue collection target as well as issuing sales tax...
Sustainable Public Private Partnership Programme” with a total cost of US $500 million. The CDWP approved the first phase of the programme, valued...
Last year, huge quantities of steel from Iran was smuggled during Eid holidays
The FBR continues to register 30% growth in revenue collection as compared to the first nine months of the previous financial year
In the last three decades, the FBR had introduced different schemes for retailers but never succeeded in luring them into the tax net
The report said that inflation outlook for March 2024 was seen at a moderate level
Image of the FBR's building in Islamabad. — X/@FBRSpokesperson/FileISLAMABAD: The consortium of AJCL Private Limited and Authentix Inc, a US-based...
FBR has so far made revenue collection close to Rs850 billion till Friday
The government also revised upward the GDP growth figure of first quarter
The IMF’s executive board is likely to take up the matter after the IMF/World Bank Annual Spring Meeting
Ahsan Iqbal shared that the digital revolution currently under process in the global arena will completely revolutionize the world in the next 10...
A carbon tax reflecting the social cost of carbon is viewed as an essential policy tool to limit carbon emissions
This investment is expected to increase manifold after the second stage of CPEC
PM Shehbaz terms leading exporters and highest taxpayers as Pakistan's "heroes" and trendsetters for others
The PM conceded that every government in the last 76 years would have to share responsibility for collective failures and mistakes
The premier is also expected to announce some packages for tax officers in his speech
CCP received P TCL's pre-merger application on 29th Feb 2024, initially submitted with an incorrect fee
The highest tax-evasion exists in the Sales Tax, and as per some estimates, it could go up to Rs2.9 trillion on annual basis
The digital economy and demand for digital government services have been growing across the country
IsDB Regional Hub Turkiye Director Dr Walid Abdelwahab and Ministry of Economic Affairs Secretary Dr Kazim Niaz sign an agreement on March 22,...
Retailers will kick start registration from April 1, 2024 and then tax collection will take place from July 1, 2024
Cities where this scheme is launched included Karachi, Lahore, Islamabad, Rawalpindi, Quetta and Peshawar in the first phase
