Islamabad

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a joint committee to re-evaluate...

ECC authorises shifting relief of Rs4.12 per litre in petrol, HSD prices

ISLAMABAD: The Economic Coordination Committee (ECC) decided to transfer the Rs4.12 per litre relief from the price reduction of Pakistan...

ECNEC approves over Rs335b for 9 projects

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) approved Rs355.736 billion for nine key sector projects, including transport,...

Govt explores options to increase FED

ISLAMABAD: The Pakistani government is reportedly considering various proposals to increase the Federal Excise Duty (FED) on a range of...

Supreme Court restores sales tax amendment act in ex-FATA, PATA

ISLAMABAD: The Supreme Court on Wednesday restored the Sales Tax Amendment Act in the erstwhile Federally Administered Tribal Areas (FATA)...

Govt explores taxing online shopping in upcoming budget

ISLAMABAD: The government is exploring various options to introduce taxation on online shopping in the upcoming fiscal year 2025-26 budget...

Pakistan introduces bill to digitally track petroleum products, tackle smuggling and adulteration

ISLAMABAD: The government has tabled a new bill, presented by Petroleum Minister Ali Pervaiz Malik, in the National Assembly aimed...

IMF kicks off virtual talks on Pakistan’s 2025-26 budget today

ISLAMABAD: The International Monetary Fund (IMF) will begin virtual discussions on Pakistan’s upcoming budget for fiscal year 2025-26 today ,...

Jewellery exports grind to halt after govt suspends key regulation

ISLAMABAD: Pakistan’s once-thriving gem and jewellery export sector has come to an abrupt standstill following a sudden decision by the...

Expanding tax net govt’s top priority: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday calling for measures to broaden the tax net, directed the authorities concerned to...

FinMin holds virtual meeting with Citigroup’s Head of Emerging Markets Economies

ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a virtual meeting with Ms. Johana Chua, Head of Emerging...

Minister for forming plan to achieve $60b export target

ISLAMABAD: Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Monday chaired a meeting to review Pakistan’s export-led...

Conflict with India won’t have large fiscal impact: Aurangzeb

ISLAMABAD: The recent military escalation with arch-rival India won’t have a large fiscal impact on Pakistan and can be managed...

FBR registers 2.4m new taxpayers, NA informed

ISLAMABAD: Parliamentary Secretary for Finance Saad Waseem Sheikh informed the National Assembly that the Federal Board of Revenue (FBR) has...

FBR intensifies Litigation Management System