Finance Archives

Govt Imposes 1% Advance Tax on All Exporters

The exporters of goods, whether direct or indirect exporters, shall be subject to advance tax at 1 percent of the… Read More

The government has exempted Commissioner Inland Revenue from payment of a court fee of Rs. 50,000 on filing an income… Read More

The 2024-25 federal budget has been officially passed by the National Assembly during its session in Islamabad today. Finance Minister… Read More

The federal government has hiked the excise duty on business and club class air tickets up to Rs. 350,000 in… Read More

The Pakistani rupee (PKR) ended fiscal year 2023-24 with small gains against the US Dollar today after opening trade at… Read More

The federal government has decided to establish a new department called (Tax Fraud Investigation Wing Inland Revenue) to detect and… Read More

Hi-Tech Lubricants Limited (PSX: HTL) has signed a Memorandum of Understanding (MOU) with its principal supplier M/S SK Enmove Co.… Read More

The International Finance Corporation (IFC) has approved the debt financing of up to $400 million for a period of seven… Read More

Prime Minister Shehbaz Sharif has likely dented any chances of withdrawal of 15 percent income tax on banks after ordering… Read More

The federal government has approved the repayment of interest of Rs. 92 billion in twelve equal installments to Oil and… Read More

The Federal Board of Revenue (FBR) will start collecting taxes from traders who have registered with the Traders Dost Scheme… Read More

Ithmaar Holding, the parent company of Faysal Bank Limited (PSX: FABL), will receive $225 million for the sale of a… Read More