World Bank has expressed serious concern that the sales tax system in Pakistan allows for concessionary rates below the standard 18… Read More
Govt to Bring Ordinance for Setting Up Telecom Tribunal
The caretaker federal government is considering bringing an ordinance for setting up a telecom tribunal. Sources in the IT Ministry… Read More
K-Electric Seeks $400 Million Loan From Foreign Lenders
K-Electric Limited (PSX: KEL) is seeking up to $400 million from foreign lenders to help fulfill its rising power demand… Read More
World Bank Tells Pakistan to Improve and Increase Taxes on Property, Agriculture
The World Bank has urged Pakistan to increase, improve, or implement new taxes on property and agriculture. The bank in… Read More
World Bank Thinks Pakistan is Still Not Taxing People Enough
The World Bank in its latest ‘Pakistan Development Update’ has recommended more taxes on the salaried class as a prelude… Read More
IMF Suggests New Framework to Tackle Risks in Crypto Assets
The International Monetary Fund (IMF) has issued a working paper for assessing vulnerabilities in the crypto space. In the study… Read More
FBR to Collect Bank Guarantees on All Afghan Transit Goods Equal to Duties Involved
The Federal Board of Revenue (FBR) will collect bank guarantees of all Afghan transit goods equal to the total duties/taxes… Read More
ECC Directs Energy Ministry to Continue Supply of Gas to Fertilizer Plants till March
The Economic Coordination Committee (ECC) of Cabinet Tuesday directed the Ministry of Energy to continue the supply of gas to… Read More
Health Ministry Issues Notices to 10 Tobacco Companies for Violating Advertisement Guidelines
The Ministry of National Health Services Regulations And Coordination has issued notices to 10 companies for violation of the tobacco… Read More
Weak Regulatory Enforcement Hampering Entry of Foreign Firms in Seed Sector: Report
Caretaker Federal Minister for National Food Security and Research Dr Kauser Abdullah Malik chaired a meeting on the Seed System… Read More
Cement Sales Decline by 4% in September
Cement sales in Pakistan declined by 3.95 percent in September 2023 on a year-on-year basis, according to the data released… Read More
FBR Levies 10% Processing Fee on Major Afghan Transit Commercial Goods
The Federal Board of Revenue (FBR) has imposed a 10 percent processing fee on major categories of Afghan transit commercial… Read More
