FBR to employ experts to rein in tax evasion
The hiring of these individuals by FBR would be made under the World Bank-funded program, ‘strengthening tax system and building tax policy’.
Asad Umar to chair ECC meeting tomorrow
A meeting of the Economic Corridor Committee (ECC) of the Cabinet would be held tomorrow (Tuesday) under the chairmanship of Finance Minister...
‘Pakistan provides conducive business environment to foreigners’
ISLAMABAD: President Dr Arif Alvi said on Monday that Pakistan provided foreigners with a conducive environment for investment and hoped that investors...
IMF links Pakistan bailout talks to FATF gray list
As Pakistan and the International Monetary Fund (IMF) insisted that they will meet again in coming weeks, sources close to the negotiation...
Govt urged to cut rates of return for power plant owners
ISLAMABAD:Â An international firm, Krafrac Consulting, has recommended National Electric Power Regulatory Authority (NEPRA) to revise the high rates of return for power...
‘Attacks cannot keep Pakistan, China from strengthening bilateral ties’
Planning minister says govt will provide foolproof security to Chinese nationals working on CPEC projectsÂ
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro...
With eye on local debt, China vows to bolster watch over ‘specialty towns’
The state planner, in a meeting on Friday, urged various ministries involved - including the land ministry and the housing ministry - to improve the quality of specialty town projects
CJP suggests reinstatement of tax on prepaid mobile phone cards
In June, the apex court had directed cellular companies and the tax regular from collecting various taxes from customers in event of credit top-ups in prepaid phones
Pak Suzuki mulling to set up second auto plant, manufacture additional 100,000 vehicles a year: report
Pak Suzuki Motors is planning to introduce four new cars and Suzuki Alto 660CC is expected to replace Mehran 800CC in April 2019.
‘Revised bill provides chance to tax payers for enhancement in taxable income’
About sales tax refund cases, Mr Tariq said that refund cases up to Rs100,000 would be paid at the RTO level while refund with huge amount would be released subject to the decision by the government
Provincial share of taxes in total revenues declines to 11% in July-Sep FY19
Notably, Sindh was an exception compared to the other three provinces which posted a growth of 10.8% in provincial taxes during the 1st quarter of FY19
HUBCO recommends federal govt to provide furnace oil at zero sales tax: Report
ISLAMABAD: Hub Power Company (HUBCO) chief executive officer has recommended the federal government to provide furnace oil at zero rate of sales...
PM approves social protection framework for vulnerable segments of society
Prime Minister Imran Khan on Sunday approved a social protection framework for the vulnerable segments of the society, ensuring that they were...
NEPRA’s quorum completes as govt appoints Member Sindh Â
ISLAMABAD: Quorum of the National Electric Power Regulatory Authority (NEPRA) has completed as the government has appointed Rafique Ahmed Shaikh as Member...
CPEC an engine of economic progress for Pakistan: FM
ISLAMABAD:Â Foreign Minister Shah Mahmood Qureshi has said that there is a complete national consensus that the China Pakistan Economic Corridor (CPEC) is...