Govt mulling withdrawal of tax exemptions
The government is mulling over a presidential ordinance to withdraw sales tax exemptions, zero-rating, and reduced sales tax rates to the tune...
Tarin hopeful on success of IMF negotiations, resumption of $6bn programme
ISLAMABAD: Federal Minister for Finance Shaukat Tarin on Thursday expressed hope that top-level negotiations between Pakistan and the International Monetary Fund (IMF)...
Rupee continues setting lows against dollar, plunges to 171.13
KARACHI: Pakistani rupee plummeted to a fresh all-time low of 171.13 against the US dollar on Wednesday, breaching a day earlier low...
FBR to revise rates for valuation of immovable property
The Federal Board of Revenue (FBR) has decided to revise the rates for the valuation of immovable property in major urban centres...
FBR to freeze bank accounts without warning Â
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday reinstated field formations with the power to freeze bank accounts of taxpayers for...
Petrol prices feared to surge again
The price of petrol is likely to be increased by Rs7 per litre and high speed diesel (HSD) by Rs10 per litre...
Tarin to begin policy level talks with IMF this week
Finance Minister Shaukat Tarin will leave for Washington on Tuesday to kick off policy level talks with the International Monetary Fund (IMF)...
Gas shortage begins ahead of winter
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) are facing gas shortages and have announced...
FBR develops single sales tax portal to facilitate taxpayers
LAHORE: The Federal Board of Revenue (FBR) has developed a single sales tax portal to facilitate taxpayers and ensure ease of doing...
Rupee drops to new record low, closes near 171
Pakistan's rupee reached a fresh low against the US dollar, closing near the 171 level in the inter-bank market on Wednesday.
As per...
Cabinet approves seasonal electricity package
The federal Cabinet on Tuesday approved the seasonal electricity package for domestic and commercial consumers in a bid to encourage power consumption...
Power tariff goes up by Rs1.65 per unit
ISLAMABAD - The government on Monday increased the electricity tariff, which it had put on hold in April, by Rs1.65 per unit...
‘Inflation relief’: Imran announces 40pc subsidy for low-income households
ISLAMABAD:Â Announcing a 40 percent targeted subsidy for the poor on purchase of essential food items, Prime Minister Imran Khan on Monday said...
Talks to revive $6bn IMF package begin today
Pakistan and the International Monetary Fund (IMF) are set to resume talks for the revival of a $6 billion derailed programme next week, in...
Increase in CNG prices notified
LAHORE: The prices of all CNGs in Punjab and Sindh running on imported RLNG will be charged at higher prices effective immediately,...