The government and State Bank of Pakistan have refuted baseless claims circulating on social media pertaining to Foreign Currency Accounts,… Read More
FBR Considering Imposing Luxury Tax on Big Houses
The Federal Board of Revenue (FBR) is exploring the possibility of imposing a luxury tax on big houses located in… Read More
Govt Again Increases Petrol Price by Rs. 30
Finance Minister, Miftah Ismail Thursday announced that the government has decided to increase the prices of petroleum products by Rs.… Read More
Careem Suspends Food Delivery Service Due to Economic Instability
Careem, the Dubai-headquartered ride-hailing company, Thursday confirmed that it has suspended its food service in Pakistan. The company told ProPakistani… Read More
Moody’s Downgrades Pakistan’s Outlook from Stable
Moody’s Investors Service has affirmed the Government of Pakistan’s B3 local and foreign currency issuer and senior unsecured debt ratings,… Read More
SECP Proposes Aligning Rate of CGT on Disposal of Securities with OECD Countries
The Securities and Exchange Commission of Pakistan (SECP) has proposed the Ministry of Finance to align the rate of the… Read More
FBR Revises Impact of Proposed New Taxation Measures From Rs. 300 Billion to 400 Billion
The Federal Board of Revenue (FBR) has increased the revenue impact of new taxation measures from Rs. 300-350 billion to… Read More
Govt to Introduce Special Windfall Levy for Sectors That Aren’t Paying Due Taxes
Finance Act 2022 would introduce a new concept of tax i.e. “Windfall Levy “in the Income Tax Ordinance 2001 for… Read More
Govt Suddenly Increases Petrol Price by Rs. 30
Finance Minister, Miftah Ismail Thursday announced that the government has decided to increase the prices of petroleum products by Rs.… Read More
FBR Considering Increasing Super Tax on Banking Sector
The Federal Board of Revenue (FBR) intends to increase the 4 percent super tax despite the key budget proposal of… Read More
Dynamic Laws Must to Cope with Cyberattacks: Experts
Over the years, Pakistan has survived numerous cyber-attacks from multiple state and non-state actors, hence dynamic policies and laws are… Read More
Honda Posts Massive Rs. 2.5 Billion Profit in FY 2022
Honda Atlas Cars Limited (HCAR) posted a profit after tax of Rs. 2.50 billion in the full year ended March… Read More
