LONDON: The U.K. insurance industry urged Chancellor Philip Hammond on Monday not to raise insurance premium tax when he announces the Budget on Wednesday, saying another hike in the rate would be “horribly unfair.”
The Association of British Insurers fears that Hammond may be about to raise the tax for the fourth time since November 2015 when he delivers the government statement on the country’s finances to the House of Commons. The rate has doubled from six percent to 12 percent in that time.
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government’s decision to provide approximately Rs200 billion in...
SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...
ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...
ISLAMABAD: Pakistan is expected to allocate around Rs1,126 billion for development projects in the upcoming federal budget 2026–27, according to...
