The federal government is likely to set a target to collect Rs. 1.582 trillion from non-tax revenue during the next… Read More
Massive Reshuffles of FBR’s IRS Officials Before Budget
The Federal Board of Revenue (FBR) has reshuffled 19 officers of the Inland Revenue Service (BS-17 to BS-20) with immediate… Read More
Govt to Allocate Rs. 3.52 Trillion for Debt Servicing in Next Budget
The Ministry of Finance is likely to allocate Rs. 3.52 trillion for the payment of debt servicing on public debt… Read More
FBR Imposes Ban on Leaves of Officers to Achieve Tax Collection Target
The Federal Board of Revenue has imposed ban on leaves of officers and officials up to June 30٫ 2022 to… Read More
Provinces Spend Lesser Development Funds Against Allocation in 9 Months of FY22
Punjab utilized Rs. 406 billion for development schemes during the first nine months of the current fiscal year compared to… Read More
SECP Decreases Fee for Online Filing of Annual Returns
The Securities and Exchange Commission of Pakistan (SECP) has decreased the fee by Rs. 1,000 for online filing of statement… Read More
Pakistan Facing Huge Financial Crisis Due to Rising Int’l Commodity Prices: Report
Pakistan’s external financing needs will likely reach an unprecedented level of $35 billion if the international commodity prices do not… Read More
Federal Govt Allots Additional Rs. 598 Billion to Provincial Govts Under NFC Award
The federal government transferred an additional Rs. 598 billion to the provincial governments under the National Finance Commission (NFC) Award… Read More
PM Constitutes 21-member Economic Advisory Council
Prime Minister Shehbaz Sharif, on Thursday, constituted the Economic Advisory Council (EAC) to review and formulate economic policies more holistically.… Read More
Pakistan and IMF Begin Technical-level Talks
Technical talks between Pakistan and the International Monetary Fund (IMF) for the enhancement and revival of the stalled loan program… Read More
Private Investment Fell During Three Years of PTI Govt
The real volume of private investment fell marginally during three years of the PTI government compared to a growth of… Read More
Budget Deficit Widens to 4% of GDP in 9 Months of FY22
The country’s fiscal deficit has increased to 4.0 percent of gross domestic product (GDP) or Rs. 2.56 trillion during the… Read More
