KARACHI: The Federal government is taking steps to improve tax system. Penal servitude of 14 to 20 years was suggested for tax defaulters but the final decision has not been taken in this regard. The federal government is bearing a loss of billions of rupees. However, the federal government will soon introduce strict policies and a stern action will be taken against tax defaulters.
Pakistan’s foreign currency deposits increase by $31m in September 2026
KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935...
