The Pakistani authorities and the IMF team have reached a staff-level agreement on a comprehensive program endorsed by the federal… Read More
Govt to Consult Telcos CEOs Prior to 5G Spectrum Auction
In a recent meeting chaired by Finance Minister Muhammad Aurangzeb, the Auction Advisory Committee resolved to engage with the telecom… Read More
Govt to Invite Consultant Bids for 5G Auction Next Week
Finance Minister Muhammad Aurangzeb chaired the Advisory Committee meeting on the “Release of International Mobile Telephony (IMT) Spectrum for Improvement… Read More
Massive Ransomware Attack Hits Global Card Processing Company in Pakistan
TPS Worldwide, a card processing company that provides services to banks, telcos, and other financial institutions, came under a massive… Read More
ISI Can Now Officially Listen to Phone Calls, Check WhatsApp Messages and More
The federal cabinet has authorized the officers of the Inter-Services Intelligence (ISI) not ranking below grade 18 to intercept calls… Read More
Special Court to Take Up Mega Tax Fraud Case Against Leading Tractor Manufacturer
Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake/flying sales tax… Read More
Govt Stops Army Heritage Foundation From Charging Ridiculous ROW Fees From Nayatel
Nayatel has won its case against the Army Heritage Foundation (AHF) over Right of Way (ROW) charges. The Cabinet Division… Read More
Punjab Prepares to Launch Free Home Delivery of Essentials Through Model Bazaars
The Punjab government is preparing to introduce a new initiative aimed at delivering daily essentials and edible items directly to… Read More
Govt to Block Bank Accounts of Non-Filers Under Amended Finance Bill 2024
The government is likely to block bank accounts of non-filers and has also decided to fix the amount of sales… Read More
Finance Bill 2024 Empowers FBR to Probe Tax Fraud Suspects
Finance Bill 2024 has empowered Inland Revenue officials to conduct an investigative audit of persons suspected to be involved in… Read More
Govt Likely to Amend Finance Bill 2024 For Phase-Wise Implementation of Sales Tax on Formula Milk
The government may amend Finance Bill 2024 to impose phase-wise sales tax on infant formula etc. The phase-wise taxation under… Read More
Pakistan’s Tax-to-GDP Ratio Likely to Hit 7-Year High Next Fiscal Year
Pakistan’s tax-to-GDP ratio (including petroleum development levy) in tax revenues is projected to reach 11.5 percent in fiscal year 2024-25.… Read More
