FINANCE
FBR successfully achieves FY2020-2021 tax collection target
Federal Bureau of Revenue (FBR) has reported that it has successfully achieved its tax collection target of FY2020-21. As per...
World Bank to provide US$ 800 million loan for Pakistan’s power sector, capital development
World Bank (WB) has approved US$ 800 million loan for Pakistan’s power sector and capital development in the country. As...
FATF refuses to remove Pakistan from its grey list
Financial Action Task Force (FATF) has refused to remove Pakistan from it grey list. Pakistan will now remain on FATF’s...
Federal government imposes tax on cellphone calls exceeding 5 minutes
Federal government has announced its decision to impose tax on mobile cellphone calls exceeding five minutes. Federal Finance Minister –...
Shaukat Tarin turns down the possibility of exit from IMF programme
Federal Finance Minister Shaukat Tarin has turned down the possibility of Pakistan’s exit from IMF programme. Expressing his views during...
Banks to charge nominal fee on inter-bank fund transfers above Rs 25,000
Banks will now charge a nominal fee on inter-bank fund transfers above Rs 25,000 on SBP orders. State Bank of...
Budget 2021-22: Shaukat Tarin addresses multiple issues in his post-budget conference
Federal Finance Minister – Shaukat Tarin addressed tax, economic growth, IMF and multiple other issues in his post-budget press briefing...
Pakistan Economic Survey 2021: Shaukat Tarin reveals GDP growth and other key economic indicators
Federal Finance Minister – Shaukat Tarin presented ‘Pakistan Economic Survey 2020-21’ on Thursday (today) revealing GDP growth and various other...
ECC allocates US$ 1 billion for COVID vaccine procurement, says sources
Economic Coordination Committee (ECC) has reportedly approved the allocation of US$ 1 billion for procuring COVID-19 vaccine. Sources say that...
FATF acknowledges Pakistan’s success in tackling money laundering, other issues
Financial Action Task Force’s (FATF) Asia Pacific Group (APG) on money laundering, has acknowledged Pakistan’s notable progress and success in...
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