Speakers at a pre-budget consultative session on Monday demanded the government to ensure a dedicated track and trace system to… Read More
Govt to Hike WHT Rates on All Businesses and Transactions of Non-Filers in New Finance Bill
Finance Bill 2024 will increase withholding tax rates on all kinds of business and financial transactions of non-filers of income… Read More
Tax Collection Target May Exceed Rs. 12.5 Trillion Next Fiscal Year: Chairman FBR
Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana said on Monday that the regulator’s tax revenue target for… Read More
Utility Stores Corporation Seeks Historic Rs. 85 Billion PM Relief Package in Upcoming Budget
The Utility Stores Corporation (USC) has proposed a Rs. 85 billion subsidy in the upcoming federal budget 2024-25, the biggest-ever… Read More
OICCI Wants Govt to Abolish Advance Tax on Telecom Subscribers in Upcoming Budget
The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government abolish the rate of advance tax on… Read More
Govt Plans to Unveil A Record 13th 5-Year Economic Plan in Federal Budget 2024-25
The federal government is preparing to launch a comprehensive five-year plan aimed at achieving significant economic goals in the upcoming… Read More
Govt Likely to Withdraw Majority of Sales Tax Exemptions in Upcoming Budget
The government is likely to slap a standard rate of 18 percent sales tax on most of the sales tax-exempted… Read More
Govt Likely to Impose New Tax on Mobile Phones in Coming Budget
The Pakistan Mobile Phone Manufacturers Association (PMPMA) called on the Federal Board of Revenue (FBR) to honor the commitments made… Read More
Govt Plans Tax Exemptions for Startups Next Fiscal Year
The federal government is planning to give tax exemptions to local startups next fiscal year. If approved, the exemptions would… Read More
Govt to Prepare Upcoming Budget in Consultation with IMF
The federal government will prepare the budget for the upcoming fiscal year (FY25) in consultation with the International Monetary Fund… Read More
Govt Likely to Further Increase Gas Prices For Fertilizer, Cement Manufacturers Next Fiscal Year
The federal government has shared with the International Monetary Fund (IMF) a plan to substantially increase gas prices next fiscal… Read More
Govt Seeks Rs. 20 Billion in Upcoming Budget to Control Social Media
The federal government wants Rs. 20 billion next fiscal year to not just enhance cybersecurity but also to regulate and… Read More
