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Budget 2021/2022: Govt announces to reduce FED on telecom services
ISLAMABAD: The government has announced reduction in Federal Excise Duty (FED) from 17 percent to 16 percent to facilitate businesses...
Budget 2021/2022: Govt to impose sales tax on sugar on actual retail price
ISLAMABAD: The government has announced to bring sugar in the third schedule of Sales Tax Act, 1990 to impose sales...
FTO Muhtaq Sukhera assures industrialists of solution of issues on priority basis
MULTAN: Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera has assured the industrial sector that the issues of maladministration, harassment during...
Govt allocates Rs3,558.200 million for Aviation sector projects
ISLAMABAD: The government on Friday earmarked funds amounting to Rs Rs3,558.200 million for advancement of 17 ongoing Aviation sector schemes...
Govt announces reduction in sales tax on locally manufactured vehicles
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin announced a reduction in sales tax on locally manufactured vehicles in...
Budget 2021-22 at a glance
ISLAMABAD: The government unveiled the budget for the fiscal year 2021-22 on Friday, with the outlay kept at Rs8,478 billion,...
Finance Minister Tarin presents FY2021-22 budget, GDP growth target set at 4.8pc
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Friday presented the Federal Budget 2021-22 in the National Assembly with...
Pakistan’s foreign exchange reserves swell to over $23.577b
KARACHI: The total liquid foreign exchange reserves of Pakistan continue to surge as total reserves reached at the highest level...
Federal budget 2021-22 to be presented today
ISLAMABAD: The federal budget worth Rs 8000 billion for the fiscal year 2021-22 will be presented today. According to the...
SBP issues coin to mark 70th anniversary of Pak-China diplomatic relations
LAHORE: The State Bank of Pakistan (SBP) has launched a commemorative coin to mark the 70th anniversary of diplomatic relation...
FBR grants tax exemptions, concessions worth Rs1314b during FY2020-21
ISLAMABAD: Federal Board of Revenue (FBR) has granted an amount of Rs1,314 billion as exemptions and concessions during outgoing fiscal...
KCCI welcome decision to ease restrictions from June 15
KARACHI: The leadership of Businessmen Group (BMG) and Office Bearers of Karachi Chamber of Commerce & Industry (KCCI), while warmly...
FBR directs to pay all pending sales tax refunds of exporters by July 31
MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office Multan has given a final deadline of July 31, 2021,...
MoU between Higher Education Department & FBR signed
LAHORE: In line with the vision of Prime Minister of Pakistan for promoting Taxation culture in the country, a special...
APCAA rejects proposal of Directorate Transit Trade to install trackers at transshipment consignments
MULTAN: All Pakistan Customs Agents Association (APCAA) has rejected a proposal of Directorate Transit Trade (DTT) to install trackers at...
More tax reliefs for business community in budget: Makhdoom Hashim Jawan Bakht
LAHORE: Provincial Finance Minister Mahkhdoon Hashim Jawan Bakht has said that Federal and Punjab Budgets for the financial year 2021-22...
PRGMEA wants govt support for visa issuance as EU buyers inviting exporters
ISLAMABAD: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has asked the government to facilitate the exporters to obtain...
Govt has earmarked Rs2.1tr for national development in upcoming budget: Asad Umar
ISLAMABAD: Minister for Planning, Development, and Special Initiatives Asad Umar held a press conference in Islamabad and talked about the...
Economic Survey 2021: ‘V-shaped’ recoveries in services, manufacturing boost 3.94pc growth in GDP
ISLAMABAD: A day before the hotly anticipated budget for fiscal 2022, Finance Minister Shaukat Tarin on Thursday unveiled the Economic...
ECC approves US$1b for COVID vaccine procurement
ISLAMABAD: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC)...
