Non-Filers not allowed to buy immovable property or cars, FBR clarifies
Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new...
Govt plans to obtain Rs3tr foreign loans in 2019-20
ISLAMABAD:Â As per the budget papers of 2019-2020, the government plans to obtain foreign loans worth Rs3.003 trillion, as compared to Rs1,087.99 billion...
Business community laments ‘tax-levied, ambitious’ budget
'Govt said common man will not be affected, but then tax on sugar has been increased to 17pc from 8pc'
Following the...
PHMA rejects 17pc sales tax on export sectors
LAHORE:Â The Pakistan Hosiery Manufacturers Association (PHMA) on Tuesday rejected 17pc sales tax on the export industry of textile, leather, carpet, surgical and...
FPCCI for ‘strong industrial policy’ to encourage agro industries
ISLAMABAD:Â Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Acting President Noor Ahmed expressed serious concern over the missing targets of economic...
Minimum taxable income revised in budget
Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5m
ISLAMABAD:Â The minimum taxable...
Govt’s annual plan predicts 4pc growth in FY20
Exports projected at $26bn, workers' remittances expected to reach $24bn in FY20
ISLAMABAD:Â The Gross Domestic Product (GDP) is expected to pick up and...
Govt presents budget, imposes new taxes
Salaries class to face up to 35 per cent taxes with addition of 11 tax slabs
Budget deficit to be Rs3,560...
PSX posts modest gains amid mixed sentiments
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) showed mixed sentiments before the announcement of budget on Tuesday, as the indices that started...
PKR down by another Rs1.4 against USD in interbank market
Pakistani Rupee (PKR) continued to depreciate against US Dollar (USD) in the interbank market on Tuesday, as the currency closed at Rs151.47...
‘New renewable energy policy to facilitate investors’
ISLAMABAD:Â Power Minister Omar Ayub Khan has said a new renewable energy policy would be introduced to provide a level and competitive field...
Hafeez Shaikh likely to be appointed as finance minister to present budget
PTI had earlier criticised PML-N when Miftah Ismail presented the budget
Prime Minister Imran Khan is likely to appoint his adviser on finance...
All that was not said at the Economy Survey launch
ISLAMABAD:Â While counting on the failures of previous governments and shedding light on the poor economic decisions made over the decade before PTI...
Total revenue remains stagnant in nine months FY19
ISLAMABAD:Â Pakistan Economic Survey 2018-19 has presented a bleak picture of fiscal development from 2018 July to March 2019, as there was zero...
Govt adds Rs3.65tr to public debt in nine months
ISLAMABAD:Â As the government has been criticising the previous regimes for taking loans worth trillions of rupees, it has been learnt that at...