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
Government has sought $17.6 billion in the whole financial year 2023-24 through foreign loans and grants
IMF has also asked the FBR to progressively raise excises on domestically produced cars
As a result, many steel mills have shut down their operations and remaining are working at a small fraction of their capacities and many more are on...
The IMF highlighted four major areas for signing the upcoming medium-term bailout package for Pakistan’s struggling economy
Fund says Pakistan’s economic and financial position has improved in the months since the first review
US Ambassador Donald Blome paid a courtesy visit to Minister Aurangzeb to discuss important matters related to bilateral cooperation
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