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Petrol price likely to be slashed by Rs9 per litre
ISLAMABAD: The government is likely to slash the petrol price by up to Rs9 per litre from June 16. The...
Pakistan’s total liquid foreign reserves recorded as $14.38b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 14,383.8million as of June 07, 2024 while the reserves...
FBR to relaunch POS scheme soon: Chairman FBR Amjad Zubair Tiwana
ISLAMABAD: Chairman Federal Board of Revenue (FBR), Malik Amjed Zubair Tiwana informed that the board would soon relaunch the Point...
Punjab budget 2024-25: Key statistics you must know
LAHORE: The Punjab government has presented a comprehensive budget totalling Rs5,446 billion, with Rs 3,700 billion sourced from the federal...
Punjab unveils ‘tax-free budget’ with Rs5.4tr outlay
LAHORE: The Punjab government on Thursday unveiled a budget with a total outlay of Rs5.4 trillion, terming it a first...
Moody’s warns Pakistan’s debt sustainability risks due to weak affordability
ISLAMABAD: Global rating agency Moody’s Friday said that Pakistan’s weak debt affordability drives high debt sustainability risks as the government...
ECC approves export of 150,000 metric tons of sugar
ISLAMABAD: The Economic Coordination Committee (ECC) has given the green light for the export of 150,000 metric tons of sugar....
Govt introduces new measures for credit card payments
ISLAMABAD: Senate Standing Committee on Finance chaired by Salim Mandviwala emphasized the enforcement of credit card payment regulations. FBR chairman...
Multan Enforcement successfully concludes Hajj operations
MULTAN: Collectorate of Customs Enforcement team has successfully wrapped up the Hajj operations at Multan International Airport, implementing extensive arrangements...
Multan Customs collects Rs124.56m duties, taxes
MULTAN: Collectorate of Customs Enforcement Multan reported a significant revenue collection of nearly Rs124.56 million for May 2023-24. While this...
Single digit tax to GDP ratio not sustainable: Finance Minister Aurangzeb
ISLAMABAD: Reiterating the pressing need for reforms and broadening of tax base, Federal Minister for Finance and Revenue, Senator Muhammad...
Punjab to unveil Rs5.3b budget today
LAHORE: The size of the development budget will be at around Rs700 billion. The revenue target will be Rs1,026 billion....
SBP to observe Eid holidays from June 17 to 19
KARACHI: The State Bank of Pakistan (SBP) announced public holiday for three days from June 17 to June 19, 2024 ...
Budget 2024-25: Everything that’s become cheaper or unaffordable
ISLAMABAD: Federal Finance Minister Aurangzeb unveiled on Wednesday budget of 18,877 billion rupees for the fiscal year 2024-25. This substantial...
Sales tax doubled on computers & laptops in Budget 2025
ISLAMABAD: The Government of Pakistan has proposed an adjustment in the budget 2024-2025 by doubling the sales tax on computers...
Coalition govt presents Rs18.9 trillion Federal Budget 2024-25
ISLAMABAD: Finance Minister Muhammad Aurangzeb presented the Federal Budget 2024-25 with a total outley of Rs18.887 trillion in the National...
Budget 2024-25: Luxury vehicle import tax exemptions scrapped
ISLAMABAD: In a move aimed at raising government revenue and cracking down on illegal activities, the Pakistani government has announced...
Budget 2024-25: 45pc tax on property sales for non-filers proposed
ISLAMABAD: In the recently presented budget for the fiscal year 2024-25, the federal government has proposed significant changes to the...
Pakistan has 100,000 more donkeys than last year: Economic Survey
ISLAMABAD: In a recent unveiling of Pakistan's economic survey by Federal Finance Minister Muhammad Aurangzeb, startling figures have emerged regarding...
FBR ‘sets’ Rs12,970b tax collection target for FY2024-25
LAHORE: The Federal Board of Revenue (FBR) has ‘fixed’ the Rs12,970 billion tax collection target for the upcoming fiscal year...
