Federal Minister for Finance and Revenue, Shaukat Tarin held a meeting with Country Director World Bank (WB), Najy Benhassine and… Read More
SBP Slaps Rs. 57.83 Million Fine on 5 Major Banks
The State Bank of Pakistan (SBP) has imposed penalties of Rs. 57.83 million on five major banks on account of… Read More
FBR Withdraws 17% Tax on Imports by Foreign Diplomats
The Federal Board of Revenue (FBR) has revoked the 17 percent sales tax imposed last month through the mini-budget on… Read More
PIA Likely to Receive Four A320 Aircraft by May
Pakistan International Airlines (PIA) is likely to receive four A320 on dry lease till May this year to improve the… Read More
Another Mini-Budget to Wreak Havoc Next Month: Report
Another mini-budget or the ‘Finance (Supplementary) Bill-II’ is on the cards as the government contemplating withdrawing more sales tax exemptions… Read More
Companies Still Awaiting Licenses Despite Pakistan’s Weed Policy
The Federal Cabinet had approved the initial plan to legalize industrial hemp in September 2020, with an aim to use… Read More
UBL Wants to Acquire Telenor Microfinance Bank
United Bank Limited (UBL) has also shown its interest in the acquisition of Telenor Microfinance Bank through the purchase of… Read More
MSCI’s Quarterly Index Review Due This Week
Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI), is expected to announce the results of… Read More
FBR’s Field Offices to Remain Open on Saturdays To Meet Tax Collection Targets
The Federal Board of Revenue (FBR) field offices will remain open on Saturdays with effect from 12 February till further… Read More
Was There a Tax Scam at FBR?
The Federal Board of Revenue (FBR) has taken strong exception to the news story captioned, “Biggest tax scam surfaces in… Read More
Pakistan to Slap Rs. 160 Billion Tax on Salaried Class
The Government of Pakistan will most likely draft a new Personal Income Tax (PIT) legislation in February to levy approximately… Read More
GST is Impacting Pakistan’s Export Competitiveness: IMF
Pakistan export competitiveness is impacted because of the cascading effect of General Sales Tax (GST), says the International Monetary Fund… Read More
