The Auditor General of Pakistan has stated that the Oil and Gas Regulatory Authority (OGRA) has failed to discharge its… Read More
Govt Likely to Withdraw Excise Duty on Property Transfer
The federal government is expected to withdraw the federal excise duty (FED) on the transfer of plots and commercial properties… Read More
IMF to Meet Judiciary to Discuss Its Independence and Appointment Process
The Ministry of Finance on Sunday announced that an International Monetary Fund (IMF) scoping mission is visiting Pakistan to undertake… Read More
Pakistan Posts Fiscal Deficit of Rs. 1.54 Trillion in First Half of FY25
Pakistan has recorded a fiscal deficit of 1.2 percent of GDP or Rs. 1,538 billion during the first six months… Read More
FBR Transfers Over Half a Dozen Senior Tax Officers to Key Positions
The Federal Board of Revenue (FBR) has transferred seven grade 20 and 21 officers of the Inland Revenue Service (IRS)… Read More
Science Ministry Defies Rightsizing Plan to Hire New Department Chief With Huge Salary
The Ministry of Science and Technology has decided to appoint a new head for the National Institute of Oceanography (NIO)… Read More
Govt Posts Highest Ever Petroleum Levy Collection for First Half of Any Fiscal Year
The federal government collected Rs. 549.41 billion in petroleum development levy (PDL) during the first half of the 2024-25 fiscal… Read More
FBR Caught Sleeping As Telco Silently Issues Reduced Tax Certificates
Federal Tax Ombudsman (FTO) has unearthed a new kind of strange activity by a telecom operator involved in the issuance… Read More
Govt Likely to Put More Tax Burden on Salaried Class Once Again
The federal government is expected to impose additional tax burdens on the salaried class as total tax collection from this… Read More
Barkat Frisian’s IPO to Fetch Up to Rs. 1.23 Billion
Barkat Frisian Agro Limited, a joint venture of Frisian Egg Group of Netherlands and Pakistan’s Buksh Group, is all set… Read More
SECP Warns Public Against Investing in Fraudulent Real Estate Schemes
The Securities and Exchange Commission of Pakistan (SECP) has issued a statement regarding complaints being received from individuals, especially senior… Read More
Meeting on Housing Sector Reforms Postponed for Second Time in Two Days
The high-level meeting to be chaired by Prime Minister Shehbaz Sharif for the development of the housing industry was postponed… Read More
