The federal government plans to deregulate petroleum prices gradually and only after taking all dealers and Oil Marketing Companies (OMCs)… Read More
IMF Wants Pakistan to Increase Tax Burden on Salaried Class
The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the… Read More
Govt Plans to Withdraw Tax Exemptions For FATA/PATA Areas
The federal government is planning to withdraw sales and income tax exemptions for FATA/PATA areas. Sources told ProPakistani that the… Read More
Pension is A ‘Big Liability’, Tax-to-GDP Will Rise to 14% in 4 Years: Aurangzeb
Pakistan’s tax-to-GDP ratio will be increased to 13-14 percent in the next four years but pensions remain a ‘big liability’… Read More
IMF Wants Pakistan to Tax Rs. 1.3 Trillion More Next Fiscal Year
The International Monetary Fund (IMF) wants Pakistan to tax Rs. 1.3 trillion more next fiscal year, massively raising the Federal… Read More
Rupee Ends 3-Day Win Streak Against US Dollar, Other Top Currencies
The Pakistani rupee reversed its 3-day winning streak against the US Dollar today after opening trade at 277 in the… Read More
50% RAAST IDs Belong to JazzCash Account Holders
JazzCash Emerges as Key Player in Financial Landscape for 2024… Read More
FBR Claims Rs. 2.7 Trillion Stuck Due to Unresolved Court Cases
Tax cases worth Rs. 2.7 trillion have remained unresolved for decades, Federal Board of Revenue (FBR) sources informed ProPakistani. Sources… Read More
ADB Reaffirms Support For Pakistan in Areas of Finance, Energy, Climate
President Asian Development Bank (ADB) Masatsugu Asakawa in his meeting with the Pakistan delegation led by Ahad Khan Cheema, Federal… Read More
Budget 2024-25 Preparations Delayed As Govt Seeks IMF Input on Literally Everything
Preparations for the new Federal Budget 2024-25 are facing massive delays as the government prepares to consult on each and… Read More
Construction Company Withdraws Offer to Buy Majority Stake in Balochistan Wheels
RMS (Private) Limited has withdrawn its public announcement of intention (PAI) to acquire a majority stake in Baluchistan Wheels Limited… Read More
Saudi Investors Taking Keen Interest in Pakistan: Commerce Minister
Federal Minister for Commerce Jam Kamal on Monday said Saudi investors are taking a keen interest in Pakistan’s economy. Addressing… Read More
