HeadlinesPM orders crackdown on sugar sector tax evasion and hoarding
The PM directs authorities to enforce strict actions against tax evaders, price manipulators, and hoarders in the sugar industry
Nov 19, 2024
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HeadlinesGovt relaxes smog restrictions in Lahore, extends restaurant hours to 10 PM
The revised guidelines also see the reopening of schools in the Rawalpindi Division, as smog levels drop enough for schools to resume operations
Nov 19, 2024
HeadlinesSenate Committee criticizes PTA officials on VPN registration issue
VPN registration policy, revived by the current government, aims to streamline VPN use, chairman PTA
Nov 19, 2024
HeadlinesShehbaz seeks $1.2 billion Saudi loan to fill $2.5 billion gap
The FBR faces a PKR190 billion tax shortfall in four months, which its chairman attributes to incorrect assumptions
Nov 19, 2024
HeadlinesGovt recommends ending structure tax on buildings
Property transfers generated PKR620 million annually before the tax, but revenues plummeted to PKR60 million after its imposition
Nov 19, 2024
HeadlinesWorld Bank recommends 10 DISCOs’ ownership transfer to president ahead of privatisation
Federal government faces complex challenges in privatising power sector, balancing subsidies and tariff policies.
Nov 19, 2024
HeadlinesImporters face heavy losses as Customs’ green channel rule change causes delays
Clearance of thousands of containers stalled, benefiting shipping companies and terminal operators
Nov 19, 2024
HeadlinesGovt seeks IMF nod for Rs26 billion tax relief to spur PIA privatisation
Privatisation minister attributes the failed attempt to privatise PIA to the Ministry of Finance's lack of cooperation
Nov 19, 2024
HeadlinesCommerce Ministry seeks to address EU firms’ concerns ahead of joint economic talks
Key concerns include tax refunds, profit repatriation delays, and trade barriers
Nov 19, 2024
HeadlinesBanks seek utilities’ data to expand EV and SME financing
Finance minister pledges support for financial inclusion initiatives
Nov 19, 2024
HeadlinesSharif family clarifies Hasan Nawaz’s bankruptcy in UK, cites legal exemptions
Businesses facing bankruptcy are legally exempt from paying taxes, says a family spokesperson
Nov 19, 2024
HeadlinesCyberattacks surge by 114% in Pakistan’s financial sector in 2024
Rising malware, ransomware, and spyware attacks highlight urgent need for strengthened cybersecurity measures
Nov 19, 2024