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APNS, PBA urge withdrawal of tax amendment on advertising costs
ISLAMABAD: The All Pakistan Newspapers Society (APNS) and Pakistan Broadcasters Association (PBA) urged Prime Minister Shehbaz Sharif and Finance Minister...
Finance Bill 2024 empowers FBR to investigate suspects involved in tax evasion
ISLAMABAD: Finance Bill 2024 has empowered Federal Board of Revenue (FBR) Inland Revenue (IR) officials to conduct an investigative audit...
Senate panel seeks sweeping changes to Finance Bill 2024
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has finalized a comprehensive set of recommendations for major changes to...
ICCI to host APCPC on June 25-26
ISLAMAAD: The Islamabad Chamber of Commerce and Industry (ICCI) will organise ‘All Pakistan Chambers Presidents Conclave’ (APCPC) on June 25...
Sales tax discrepancies: Lahore LTO imposes Rs5.41b penalty on M/s Millat Tractors
LAHORE: Large Taxpayer Office (LTO) Lahore has imposed a penalty of Rs5.41 billion on Millat Tractors Ltd (MTL) over mammoth...
Balochistan govt unveils Rs930b ‘surplus’ budget for FY25
QUETTA: The Balochistan government on Friday presented the budget for the fiscal year 2024-25 budget of Rs930 billion with Rs25...
Electric vehicles to be manufactured in Pakistan
KARACHI: Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company Limited, is entering into electric vehicle market...
Current Account Deficit declines to $464m in 11 months: SBP
ISLAMABAD: The Current Account Deficit (CAD) has decreased to $464 million during the eleven months of the current financial year...
Pakistan, ADB sign loan program worth $250m
ISLAMABAD: Pakistan and Asian Development Bank have signed a loan program worth 250 million dollars for promoting sustainable public-private partnerships....
FBR to enhance property valuation rates in major cities to 90pc of market value
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that assessed value of immovable properties located in major urban cities...
PTA urges PM to revise proposed insertion of advance income tax
MULTAN: Chairman, Pakistan Tanners Association (PTA), Muhammad Mehr Ali has appealed to the prime minister and federal finance minister to...
FBR extends deadline for transferring tax cases to appellate tribunal
LAHORE: The Federal Board of Revenue (FBR) has extended the deadline to September 16 for transferring pending cases involving substantial...
Pakistan’s foreign exchange reserves stand at US$14.41b
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31 million on a weekly...
Google partners with Pakistan to bring education access & digital transformation to students
ISLAMABAD: Google for Education and Pakistan’s Ministry of Federal Education today announced a strategic collaboration to bring digital transformation to...
PFC, ChenOne to collaborate for Paris Expo from July 1
LAHORE: The Pakistan Furniture Council (PFC) and ChenOne will collaborate in showcasing high-quality Pakistani products of innovative designs at the...
Cabinet committee okays privatization of PEPAC, directs initiating PTDC winding-up process
ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) directed the Cabinet Division to initiate the process for winding up of...
World Bank okays $535m in financing for Pakistan
ISLAMABAD: The World Bank's Board of Executive Directors approved $535 million in financing for Pakistan to support two projects. The...
Senate committee opposes proposed tax on hybrid, electric vehicles
ISLAMABAD: In a meeting chaired by Senator Salim Mandviwala, the Senate Standing Committee on Finance expressed strong opposition to the...
Balochistan’s budget 2024-25 to be presented on June 21
QUETTA: Balochistan's Department of Finance has announced that the provincial budget for the fiscal year 2024-25 will be presented in...
Pakistan’s telecom sector raises concerns over heavy taxes
LAHORE: Pakistan’s Telecom Operators Association has expressed concerns over the heavy taxes slapped in budget 2024. In a letter written...
