Pakistan Railways earned revenue of Rs. 28.263 billion during the first half of the current fiscal year (July-December) compared to… Read More
IMF Will Only Approve Loan if Pakistan Agrees to 50% Increase in Electricity Bills
Talks between Pakistan and the International Monetary Fund (IMF) are set to end in three days, with the lender demanding… Read More
Crucial Hours Ahead As Pakistan-IMF Policy Level Talks Begin Today
Technical talks between Pakistan and the International Monetary Fund (IMF) team are said to have ended on Monday, with policy… Read More
Rupee Makes Sharp Recovery Against US Dollar After Devastating Losses Last Week
The Pakistani rupee (PKR) reversed losses against the dollar during interbank trade on Monday, initially dropping as low as 277… Read More
FTO Directs FBR to Issue Rs. 19,245 Tax Refund Pending for 5 Years
While disposing of a complaint, the Federal Tax Ombudsman (FTO) directed the Federal Board of Revenue (FBR) to ensure requisite… Read More
World Bank to Consider $78 Million Digital Enhancement Project for Pakistan Next Month
The World Bank’s (WB) Board of Executive Directors will consider the ‘Pakistan: Digital Economy Enhancement Project’ worth $78 million next… Read More
FBR Will Not Notify Taxpayers of Foreign Requests for Information of Their Assets
The Federal Board of Revenue (FBR) will not inform the concerned taxpayer about the request received from foreign tax jurisdiction… Read More
IMF Demands Removal of Power Subsidy As Pakistan Runs Out of Time
The International Monetary Fund (IMF) and Pakistan have stretched technical-level talks on the power sector for two more days, with… Read More
Is Pakistan’s Economic Collapse Imminent?
Pakistan last week suffered a nationwide power outage following a breakdown in its national grid, which left millions of people… Read More
NEPRA Approves Indicative Generation Capacity Expansion Plan 2022-31
The Authority has approved the Indicative Generation Capacity Expansion Plan 2022-31 (IGCEP-2022), submitted by NTDC in keeping with the relevant… Read More
Gold Prices in Pakistan Increase Once Again After Slight Dip
Gold prices in Pakistan gained further today (Friday) after the Pakistani Rupee fell to a new all-time low against the… Read More
FTO Directs FBR to Revisit Estimated Tax Liability Imposed on Brokerage Company
While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to revisit… Read More
