Finance Archives

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

Allied Rental Modaraba will be delisted from the main bourse with effect from June 26, 2024, Wednesday, Pakistan Stock Exchange… Read More

The Federal Board of Revenue (FBR) has issued a draft of the electronic income tax return forms for companies, association… Read More

State-owned enterprises (SOEs) reported an aggregate loss of Rs. 905 billion in fiscal year 2022-23, up 23 percent from last… Read More

The American Business Council has urged the federal government to reconsider the removal of the 25 percent Sales Promotion, Advertising… Read More

The government is considering withdrawing its proposal to bring exporters into the normal tax regime. Instead, it may impose a… Read More

The federal government has decided not to reduce gas prices for all categories starting July 1, 2024, despite the Oil… Read More

The Federal Board of Revenue (FBR) has initiated a countrywide exercise for conducting income tax audit of 437 urea/fertilizers dealers.… Read More

The Senate Committee on Finance and Revenue on Monday unanimously rejected the federal government’s proposal to increase taxes on salaried… Read More

Millat Tractors Limited (PSX: MTL) has denied media reports about being fined Rs. 5.4 billion in sales tax audit discrepancy,… Read More

Pakistan State Oil (PSO) has proposed equity swaps to settle its receivables balance with the federal government. The federal government… Read More

A delegation of Pakistan Business Council (PBC) led by Chairman PBC Shabbir Diwan called on Federal Minister for Finance and… Read More