The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) and also against the… Read More
Courier Companies Announce Increase in Delivery Charges After New Taxes
Major courier companies have notified their customers, including registered E-commerce companies and online traders, that the government will charge them… Read More
Audit Exposes Possible Corruption Worth Billions by PCB in PSL
The Public Accounts Committee (PAC) subcommittee chaired by Malik Amir Dogar on Wednesday reviewed the Cabinet Division’s Audit Report for… Read More
FBR Closes Major Tax Loophole Used By Banks on Rented Properties
The Federal Board of Revenue (FBR) has revised the income tax deduction system for banks operating in rental/leased properties from… Read More
Govt Reduces Profit Rates on All National Savings Schemes
The federal government has revised downwards the rates of profit up to 100 basis points (BPS) on all National Savings… Read More
Finance Minister Demands Shift from Donor-Driven Aid to Country-Led Development
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for a renewed global commitment to revitalizing international development… Read More
Govt Allows Pensioners to Get Re-Hired
The federal government has allowed re-employed pensioners to draw their pensions alongside their salaries, provided the salary is reduced by… Read More
FBR Imposes 15% GST on Marriage Halls, Hotels, Clubs, Farmhouses in Islamabad
The Federal Board of Revenue (FBR) has imposed a 5-15 percent General Sales Tax on a wide range of services… Read More
FBR Orders Hotels, Couriers and Other Services to Go Digital
The Federal Board of Revenue (FBR) has made it mandatory for a large categories of service providers to integrate their… Read More
FBR Massively Reduces Import Duties on Cars, Food, and Other Items
The Federal Board of Revenue (FBR) Monday issued customs notifications to reduce regulatory duties and Additional Customs Duties (ADCs) on… Read More
FBR Misses Out on Tax Revenue Target for FY25 Despite Record Collection
The Federal Board of Revenue (FBR) collected a provisional Rs. 11.735 trillion in taxes during the fiscal year 2024-25, recording… Read More
Huge Fee Imposed on Cash Withdrawal From ATMs of Other Banks
Banks have started increasing the per-transaction fee for cash withdrawals at automated teller machines (ATMs) from banks other than the… Read More
