The Federal Board of Revenue (FBR) will increase taxes on digital markets to raise tax collection during the current fiscal… Read More
Y Combinator-Backed ‘Elevate’ Debuts in Pakistan Offering Alternative to Wise And Payoneer
Founded by members hailing from nations such as Yemen and Algeria and intimately familiar with the challenges faced by Pakistani… Read More
Pakistan Tells IMF It Will Hike Key Interest Rate If Rupee Falls and Inflation Rises
The government has informed the International Monetary Fund (IMF) that the policy rate was raised to 22 percent, and it… Read More
Pakistan Assures IMF to Maintain A Market-Determined Exchange Rate
Pakistan has committed a market-determined exchange rate with the International Monetary Fund (IMF). The Memorandum of Economic and Financial Policies… Read More
Govt to Impose Billions in Taxes On Sugar and Textile Sector
The government under the contingency revenue measures agreed with the International Monetary Fund (IMF) would impose a Federal Excise Duty… Read More
IMF Sets New Structural Benchmarks Under Its Standby Arrangement For Pakistan
The International Monetary Fund (IMF) has set two new Structural Benchmarks (SBs) for stand-by arrangement (SBA) including (i) notification of… Read More
FBR to Unveil ‘Tajir Doost’ Mobile App for Documentation of 3.2 Million Retailers
The Federal Board of Revenue (FBR) has finalized a new mobile phone application in the name of “Tajir Doost” for… Read More
SBP to Impose New Restrictions on US Dollar Purchase Along With Compulsory Biometric Verification
The State Bank of Pakistan (SBP) has come up with a plan to make biometric verification mandatory for purchasing $500… Read More
Rupee Up 3rd Day in a Row Against US Dollar to End the Week
The Pakistani rupee posted gains third day in a row against the US Dollar today after opening trade at 279… Read More
FBR’s IR Policy Wing Refuses to Give Legal Comments on Litigation Involving Windfall Income of Banks
The Federal Board of Revenue (FBR) Inland Revenue (Policy) Wing has outrightly refused to give legal comments on the Constitutional… Read More
Gilgit-Baltistan Urgently Appeals Federal Govt For Rs. 10 Billion Funds Amid Financial Crisis
The Government of Gilgit-Baltistan finds itself grappling with severe financial challenges and has urgently appealed for disbursement of Rs. 10… Read More
Finance Minister Slams FBR For Obstructing Its Restructuring Process
Caretaker Finance Minister Dr. Shamshad Akhtar has slammed the Federal Board of Revenue (FBR) for obstructing its restructuring process. The… Read More
