FTO expresses concern over repeated changes in the tax jurisdiction of overseas Pakistanis
Issue persists even after an ex-parte amendment Income Tax Ordinance, 2001 (the Ordinance), in March 2021
Prime Minister approves the establishment of an SIFC under the Economic Revival Plan
The Executive committee of the SIFC, to have representation from both civil and military leadership.
Pakistan takes steps to finalize agreement with UAE over KPT
Pakistan has established a negotiation committee to finalize an agreement with the United Arab Emirates (UAE) regarding the transfer of its Karachi...
Cash-strapped govt increases salary, allowances and additional privileges of parliamentarians
Rs1300 crores set aside for 450 parliamentarians in FY24 budget
No new taxes in Punjab ‘mini-budget’ as allocations for health and education increased
The Cabinet of Punjab, under the supervision of the caretaker government, has approved the budget for the upcoming fiscal year, effective from...
Russia says regional free trade pact with Iran possible by year-end
A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of...
Dar reaffirms resolve to make International payments on time
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar on Saturday reaffirmed the firm resolve of the government to ensure international payments...
India talks economy with Moody’s, pitches for ratings upgrade
The Indian government held talks on the state of its economy with Moody’s Investors Service on Friday and pitched for a ratings...
Provincial govt proposes allocation of Rs103b for counterterrorism dept
Increase in allowances for the provincial police force also proposed
Pakistan seeks roll over of existing $1b, pursues additional $300m from Bank of China
Senate committee concludes deliberations on Finance Bill, makes recommendations for finalization
Govt expresses openess to flexibility on FY24 budget for conflict-free IMF deal
The government on Friday expressed its willingness to adopt a flexible approach towards the fiscal year 2023-24 (FY24) budget, in response to...
Climate-induced disasters affecting finance and investment, Economic Survey warns
The Pakistan Economic Survey is a significant report that provides detailed information and analysis of the country's economy. Recently, the Ministry of...
Privatisation Commission approves Rs124.9 crores for fiscal year 2023-24Â
Commission to present policy proposals to the federal government, regarding the privatisation of state-owned enterprises
PRA implements measures to tackle tax evasion in Lahore’s real estate sector
With a focus on the DHA area, the authority seeks to increase tax collection and meet revenue targets
IMF shows concerns over next year’s tax target and mounting expenditures
APTMA, steel manufacturers and juice companies express grievances over the federal budget