The Securities and Exchange Commission of Pakistan (SECP) declared that the income tax returns and wealth statements do not completely… Read More
Government Tells IMF That It’s Ending All Petrol and Electricity Subsidies
Finance Minister, Miftah Ismail, on Friday, consented to the International Monetary Fund’s (IMF) suggestion to reduce fuel and power subsidies… Read More
Petroleum Products Worth $100 Million Imported Under Saudi Oil Facility
Pakistan has so far imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility.… Read More
Pakistan Shows Substantial Improvement in SDGs: Report
Pakistan has made significant improvements in meeting its Sustainable Development Goals (SDGs), including a reduction in poverty, child mortality and… Read More
IMF Wants Roll Back of Fuel and Power Subsides for Bailout Revival
The International Monetary Fund (IMF) is pressing Pakistan to withdraw the relief package announced by former Prime Minister Imran Khan.… Read More
FBR Forms Committee to Resolve Pharmaceutical Tax Issues
The Federal Board of Revenue (FBR) has constituted a high-level committee for the resolution of issues of pharmaceutical companies in… Read More
FBR to ‘Help’ Election Commission Examine Accounts of Political Parties
The Federal Board of Revenue (FBR) will depute an officer of BS-19 in the Election Commission of Pakistan (ECP) to… Read More
Pakistan and IMF Set to Resume Stalled Negotiations Over Loan Program
The talks between Pakistan and the International Monetary Fund (IMF) to revive the stalled seventh review of a $6 billion… Read More
FBR Proposes Indemnity Bond/ Revolving Insurance Guarantee for Importers
The Federal Board of Revenue (FBR) has suggested accepting the revolving insurance guarantee balance of the importer or accepting the… Read More
IMF-World Bank Spring Meetings to Start Today
The Spring Meetings of the International Monetary Fund (IMF) and World Bank will kick off today in Washington and continue… Read More
Budget Deficit Swells to Rs. 2.5 Trillion in 9 Months
The budget deficit has swelled to Rs. 2.5 trillion due to different slippages including unbudgeted high subsidies and debt servicing… Read More
Budget Process for FY22-23 Enters Important Phase
The budget process for the next fiscal year has entered an important phase as the priority committee has started to… Read More
