The federal government on Sunday announced an increase in the prices of petroleum products. According to a notification issued by… Read More
ECC Approves Gas Tariff Hike For Captive Power Plants to Meet IMF Demand For New Loan
The Economic Coordination Committee has approved natural gas sale pricing effective July 1, 2024, to meet a prior condition of… Read More
CCP Approves Merger of Nova Frontiers, Gatron Industries in Textile Yarn Sector
The Competition Commission of Pakistan (CCP) has approved a merger in the textile yarn sector. The approved transaction entails the… Read More
Pakistan to Hire Chinese Credit Rating Agency For Issuance of Panda Bond
Ministry of Finance (Finance Division), Government of Pakistan intends to carry out a Panda Bond transaction in the Chinese Capital… Read More
Govt to Tax Dual Nationals, Tech Companies for Income Generated in Pakistan
The government has expanded the scope of taxation for those non-residents who earn income in Pakistan through digital means/presence under… Read More
Aurangzeb Confident to Get New IMF Loan After Passage of Tax-Heavy Budget
Finance Minister Muhammad Aurangzeb said today he was quite optimistic that Pakistan will get a new and final bailout from… Read More
President Asif Ali Zardari Approves IMF-Made Finance Bill 2024
President Asif Ali Zardari has approved the Finance Bill 2024 under Article 75 for fiscal year 2024-25. The approval comes… Read More
Pakistan’s Disastrous IMF-Made Budget: Tax Everything, Give Nothing, Expect Nothing
Pakistan on Friday quickly passed the IMF-made Federal Budget 2024-25 with some 11th-hour tweaks that effectively doubled the tax rate… Read More
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
Govt Exempts FBR From Paying Court Fees on Filing Cases Against Taxpayers
The government has exempted Commissioner Inland Revenue from payment of a court fee of Rs. 50,000 on filing an income… Read More
Budget 2024-25 Round-Up: All You Need to Know About New Taxes
The 2024-25 federal budget has been officially passed by the National Assembly during its session in Islamabad today. Finance Minister… Read More
Govt Increases Excise Duty On Airline Tickets Up to Rs. 350,000 in Finance Bill
The federal government has hiked the excise duty on business and club class air tickets up to Rs. 350,000 in… Read More
