A Saudi diplomat was barred from boarding his flight at Islamabad International Airport due to having foreign currency above $5,000.… Read More
Govt Withdraws 25% Sales Tax on Hybrid Vehicles
The federal government has withdrawn proposal to impose 25 percent sales tax on hybrid electric vehicles (HEVs) in Finance Bill… Read More
Govt Takes U-Turn On Raising Retirement Age of Its Employees
The federal government has scrapped a proposal to increase the retirement age of public sector employees, military personnel, and civil… Read More
Govt Slashes PSDP by Rs. 250 Billion
The federal government has decided to cut the Public Sector Development Programme (PSDP) of Rs. 1.4 trillion for the fiscal… Read More
Govt Working to Cut Its Expenditure: PM
Prime Minister Shehbaz Sharif Tuesday said that the federal government has started work to cut its expenditures. Speaking in the… Read More
FBR Tax Offices to Remain Open on June 28, 29, 30
The Federal Board of Revenue (FBR) has directed Inland Revenue field formations to remain open on June 28 (Friday), June… Read More
Non-Filers to be Given Chance to Explain Their Position Before Travel Ban
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb Tuesday said that non-filers of income tax will be given a… Read More
Govt Takes U-Turn on Solar Panel Taxes
The federal cabinet decided on Tuesday that no new duty will be imposed on solar panels. In a meeting chaired… Read More
Rupee Rebounds Against US Dollar, Retains 278 Level
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
PSX to Delist Allied Rental Modaraba Tomorrow
Allied Rental Modaraba will be delisted from the main bourse with effect from June 26, 2024, Wednesday, Pakistan Stock Exchange… Read More
FBR Issues Same Old Complicated Tax Return Form For Salaried Class
The Federal Board of Revenue (FBR) has issued a draft of the electronic income tax return forms for companies, association… Read More
Govt Takes Back Proposal to Impose Sales Tax on Stationery Items
Finance Minister Senator Muhammad Aurangzeb Tuesday announced that the government is taking back the proposal in the FY25 budget to… Read More
