The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. She joined the… Read More
Total Number of Return Filers Crosses 4 Million Mark for Tax Year 2024
The number of income tax return filers has crossed over 4 million for the tax year 2024 up to October… Read More
Chinese Companies Suffer in Pakistan Due to Security Risks, FX, Bad Rupee: Survey
Chinese companies feel unsafe in Pakistan according to a new survey by the China Chamber of Commerce in Pakistan (CCCPK)… Read More
Siemens Pakistan’s Parent Company Okays Sale of Energy Business for Rs. 17.8 Billion
The parent company of Siemens (Pakistan) Engineering (PSX: SIEM) has approved the sale of its energy business to a non-affiliated… Read More
Pakistan and Estonia Sign Agreement to Eliminate Double Taxation
Pakistan and Estonia have signed the convention for the elimination of double taxation with income and the Prevention of Tax… Read More
FBR Eyes Rs. 300 Billion Tax Collection from Agriculture Sector
The Federal Board of Revenue (FBR) has estimated that it will collect a maximum amount of Rs. 300 billion from… Read More
IMF Flags Dangerous Risks in Govt’s Growing Dependence on Banks, SBP for Liquidity
The International Monetary Fund (IMF) has warned about the “complex tripartite relationship” between the federal government, commercial banks and the… Read More
FBR Fixes New Customs Values on Import of Power Tools
Directorate General of Customs Valuation Karachi has fixed new values on the import of 31 different types of power tools… Read More
PTA Selects US Consultancy Firm for 5G Auction in Pakistan
United States-based international consultancy firm, falling in the top two companies in technical and lowest in financial bid of $0.750… Read More
Govt to Hike SBP Policy Rate in Case of High Inflation, External Pressures
The government has committed to the International Monetary Fund (IMF) to increase the policy rate if new inflationary pressures emerge… Read More
Govt to Publicly Reveal Assets of Bureaucrats and Officers Via New FBR Portal
The government has assured the International Monetary Fund (IMF) that asset declarations of high-level public officials (BPS 17-22) (including domestic… Read More
Weekly Inflation Posts Slight Decrease
The Sensitive Price Index (SPI)-based inflation for the week ended October 10, 2024, decreased by 0.08 percent, says Pakistan Bureau… Read More
