With an improvement in Credit Ratings of Pakistan and approval of the International Monetary Fund’s (IMF) Extended Fund Facility Program,… Read More
Dead Pakistanis Are Still Submitting Tax Returns to FBR
Mobile Phone SIM cards registered in the names of deceased individuals continue to function across Pakistan while income tax returns… Read More
Rupee Stable Against US Dollar, Rises to 299 Against Euro
The Pakistani rupee (PKR) was stable against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Govt Hikes Sales Tax on Tractors to 14%
The federal government has increased sales tax on tractors from 10 to 14 percent from October 23. The FBR issued… Read More
Pakistan, China to Finance Karachi-Peshawar Railway (ML-1) Project in Phases
Pakistan and China have decided not to proceed with the lump sum $6.8 billion financing agreement for the Karachi-Peshawar Railway… Read More
Finance Minister Advocates for Multilateral Financing Solutions for Pakistan
The Federal Minister for Finance and Revenue Muhammad Aurangzeb, attended the G-24 Ministers and Governors Meeting held in Washington DC.… Read More
Finance Minister Optimistic on Getting Big Energy Debt Relief from China
Finance Minister Muhammad Aurangzeb said Pakistan’s request to extend energy sector debt payments has been met with an encouraging response… Read More
Rupee Slips 2nd Consecutive Day Against US Dollar
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) to start the week after opening trade at… Read More
FBR Imposes Surcharge on Late Filers to Get on Active Taxpayers’ List
Late filers of income tax returns have to deposit “surcharge” to the Federal Board of Revenue (FBR) for including their… Read More
IMF Urges Pakistan to Stay the Course on Reforms
The International Monetary Fund Director MCD Jihad Azour on Monday said Pakistan should stay the course on reforms to keep… Read More
PSBA Wins Case Against SECP Over ‘Unconstitutional’ Trading Criteria
The Pakistan Stock Brokers Association (PSBA) filed a Constitutional Petition (CP) in July 2021, before the High Court of Sindh… Read More
Finance Minister to Ask IMF for $2 Billion Climate Financing This Week
Finance Minister Muhammad Aurangzeb will request $2 billion in climate financing from the International Monetary Fund (IMF) this week, finance… Read More
