Finance Archives

FBR Exposes Major Tax Evasion by Sugar Mills

The Chairman of the Federal Board of Revenue (FBR) Rashid Langrial publicly disclosed the names of sugar mills involved in alleged… Read More

The Ministry of Finance has successfully raised over Rs. 1.2 trillion through a major auction of government bonds held on… Read More

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The federal government has withdrawn a proposal to increase sales tax on hybrid cars with engine capacities of up to… Read More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