Finance Archives

FBR Chairman Convinces Senate Panel to Increase Tax on Cash Withdrawals by Non-Filers

The Senate Standing Committee on Finance on Wednesday approved a proposal to raise the withholding tax on cash withdrawals by… Read More

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) but reported a sharp recovery against the British… Read More

The repatriation of profits and dividends from foreign investments in Pakistan decreased by 71 percent to $264 million in May… Read More

The Salaried Class Alliance of Pakistan has submitted an urgent appeal to Prime Minister Shehbaz Sharif that the proposed Finance… Read More

Hinopak Motors Limited (PSX: HINO) has informed the Pakistan Stock Exchange that a definitive agreement has been reached between its… Read More

The federal government has agreed to reduce the proposed sales tax on solar panel imports from 18 percent to 10… Read More

Finance Minister Muhammad Aurangzeb has said that the government has placed 4-5 necessary safeguards for the business community to avoid… Read More

The federal government has withdrawn a proposal to increase sales tax on hybrid cars with engine capacities of up to… Read More

The Federal Board of Revenue (FBR) has started distributing brand-new Honda City vehicles to tax officers. Dozens of these cars… Read More

Pakistan’s Real Effective Exchange Rate (REER) continued to drop in May 2025, according to the latest data issued by the… Read More

In a startling revelation before the National Assembly’s Standing Committee on Finance, Chairman of the Federal Board of Revenue (FBR),… Read More

The State Bank of Pakistan (SBP) expects to post Rs. 2.4 trillion in profit for FY25, matching the government’s target… Read More