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President Zardari signs Income Tax Amendment Ordinance 2024
President Asif Ali Zardari has signed the Income Tax (Amendment) Ordinance, 2024, introducing significant changes to Pakistan’s tax structure. The...
Finance Minister calls for “Charter of Economy”
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Sunday called for a “Charter of Economy” to steer the...
PPP to oppose Tax Amendment Bill, Mirza Ikhtiar Baig
Pakistan People’s Party (PPP) MNA Mirza Ikhtiar Baig Monday said his party will oppose the proposed Tax Amendment Bill, which...
PM directs to ensure uninterrupted gas supply to domestic consumers
Prime Minister (PM) Shehbaz Sharif has directed authorities to ensure uninterrupted supply of gas to domestic consumers during the winter...
Pakistan’s tax gap rises to over Rs7 trillion, FBR
Amid Prime Minister Shehbaz Sharif's government's strenuous efforts to expand the tax net and increase revenue generation, Federal Bureau of...
Pakistan’s exports to EU grow to $4.8 billion in last 5 months
Pakistan’s exports to the European Union (EU) grew by 14% to $4.8 billion during the first five months of the...
Kuwait Petroleum Company shuts down operation in Pakistan
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has started the process of leaving Pakistan's oil and gas sector by selling its...
Higher tax rates won’t achieve desired revenue targets, FBR chief
Federal Board of Revenue (FBR) Chairman Rashid Langrial has said that the government has no plans to increase tax rates,...
Pakistan’s foreign reserves up by $31mn
The State Bank of Pakistan (SBP) witnessed a surge in the foreign exchange reserves with a reported increase of $31...
Govt rejects K-Electric’s request for increase in tariff
The government has opposed the K-Electric's (KE) request for an increase in the multi-year tariff while advising the National Electric...
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