The Federal Board of Revenue (FBR) has streamlined the Administrative Structure of the Directorate General of Internal Audit-Inland Revenue (IR)… Read More
Pakistan’s Trade Deficit Balloons to Record-High $43 Billion
Pakistan’s trade deficit widened by 57.85 percent during the first eleven months (July-May) of the current fiscal year, 2021-22, and… Read More
Qatar Interested in Energy Projects in Pakistan
Ambassador of the State of Qatar Sheikh Sauod bin Abdulrahman bin Faisal Al-Thani called on the Federal Minister for Finance… Read More
Customs to Conduct Snap Checks at Airports to Ensure Implementation of Import Ban
The Federal Board of Revenue (FBR) has directed the Collectors of Customs to conduct snap checks and surprise visits at… Read More
Saudi Arabia Keen to Invest in Various New Avenues in Pakistan
Ambassador of the Kingdom of Saudi Arabia Nawaf Bin Said Al-Malki has said that Saudi Arabia is planning to invest… Read More
Telcos Ask for Reduction in Advance Income Tax (AIT) on Telecom Users
The telecom sector has asked the Federal Minister for Finance Miftah Ismail to reduce advance income tax (AIT) on telecom… Read More
PBS Extends Basket of Items for Export and Import Indices in Rebasing Trade Statistics
Pakistan Bureau of Statistics (PBS) has extended the basket of selected items comprising 1,674 for construction of export indices and… Read More
Cut-Off Yield on T-Bills Up by 75 BPS
The cut-off yields on Treasury Bills (T-Bills) were up by 55-75 basis points (bps) in the auction of the paper… Read More
PITB and Faysal Bank Ltd Sign MoU to Facilitate Freelancers Across Pakistan
In a special ceremony held at Arfa Technology Park on June 01, Punjab Information Technology Board (PITB) and Faysal Bank… Read More
Miftah Assures Cotton Ginners of Resolving Issues
Finance Minister Miftah Ismail Wednesday said that the government is heavily focused on the promotion of exports. Speaking to a… Read More
IT Sector Urges Govt to Slash Taxes on Items That ‘Hardly’ Classify as Luxury Goods
The IT and Telecommunication sector has urged the government to reduce taxes on items that hardly fall under the purview… Read More
Govt and SBP Support Islamic Banking in Pakistan
The policymaker and regulator threw their weight behind the Islamic banking sector, expressing their different viewpoints about the industry and… Read More
