2022-23 period: Army paid Rs100bn duties, taxes: DG ISPR ISLAMABAD: Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif on Tuesday said the... Updated 08 May, 2024 09:18am
Print 9MFY24 collection: Provinces given 53pc of total revenue under NFC Award ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months... Updated 03 May, 2024 09:31am
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Opinion The way forward for Pakistan “Rather than going cap-in-hand asking for new finance, the new government and its backers in the establishment and... Published 17 Apr, 2024 05:28am
Print SIFC helps FBR collect Rs6.71trn in Jul-Mar FY24 The government is likely to achieve its Rs 9.415 trillion revenue collection target for 2023-24 Updated 09 Apr, 2024 09:50am
Editorials Bringing traders into the tax net EDITORIAL: Successive governments in Pakistan have tried and failed to bring the country’s traders and retailers... Updated 27 Mar, 2024 05:07am
Business & Finance Wholesale, retail, real estate sectors: PBC estimates Rs747bn potential annual tax revenue KARACHI: The Pakistan Business Council (PBC) estimates potential annual tax revenue of Rs. 747bn from wholesale,... Published 26 Mar, 2024 04:20am
Business & Finance Govt collects Rs400bn tax revenue through e-Pay Punjab LAHORE: The Punjab government has collected record tax revenue of over Rs 400 billion through e-Pay Punjab, an ... Published 26 Mar, 2024 04:20am
Print Broadening tax base: PM seeks report on phase-wise economic reforms ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with... Updated 21 Mar, 2024 09:54am
Opinion Time to revisit the NFC Award Notwithstanding the recent IMF demand to amend the existing NFC award, there is a longstanding need to address the... Published 19 Mar, 2024 04:53am
Markets Listed securities: PSX for bringing CGT rates in line with CGT rates on sale of immovable property KARACHI: Pakistan Stock Exchange (PSX) has proposed that Capital Gain Tax (CGT) rates on listed securities be ... Published 16 Mar, 2024 06:26am
Business & Finance Digitalisation of tax system: PSMA for QR Code printed polypropylene bags ISLAMABAD: The new government needs to replace printed paper stamps for the sugar industry under the Track and Trace... Published 16 Mar, 2024 06:26am
Business & Finance Tobacco revenue may cross $2bn mark by curbing illicit trade LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by... Published 09 Mar, 2024 04:59am
World Palestinian Authority: Yellen says Israel resuming revenue transfers SAO PAULO: Israel has agreed to resume tax revenue transfers to the Palestinian Authority to fund basic services and... Published 28 Feb, 2024 06:10am
Business & Finance High FED on cigarettes helps boost tax revenue, reduce consumption ISLAMABAD: The government’s policy decision to raise the Federal Excise Duty (FED) on cigarettes has resulted in a... Published 26 Feb, 2024 05:07am
Print Steel industry: PM orders FBR to resolve issues on priority basis ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of... Updated 16 Feb, 2024 09:20am
Print Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members? ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members... Updated 08 Feb, 2024 10:11am
Print ‘Innovative’ plan set to reduce circular debt ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt... Updated 31 Jan, 2024 09:32am
Print Energy sector: Circular debt jumps to over Rs5.725trn Minister for Power and Petroleum prepares an innovative plan to reduce circular debt of energy sector Updated 19 Jan, 2024 10:03am
Editorials FTO provides welcome relief EDITORIAL: It is appreciated that the Federal Tax Ombudsman (FTO) was able to provide relief of Rs17.74 billion to... Published 18 Jan, 2024 05:54am
Opinion Withholding tax system: automation The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its... Published 05 Jan, 2024 03:12am
Editorials Theft of FBR tax revenue EDITORIAL: Is it really a surprise that FBR’s “first-ever electronic tax audit of immovable property” has... Published 23 Dec, 2023 06:16am
Print Q1: Provinces’ budget surplus dips 76pc YoY ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing... Updated 09 Dec, 2023 04:34pm
Print Ways identified to salvage economy, back businesses Country’s top businessmen urge government to reform Federal Board of Revenue Updated 08 Dec, 2023 10:03am
Opinion IMF review & state of economy I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities,... Updated 17 Nov, 2023 06:31am
Opinion Unchallenged grey market in Pakistan The greatest challenge facing the country is its failing economy and one of the factors contributing towards it is... Published 11 Nov, 2023 06:30am
Editorials Consolidated fiscal operations EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for... Published 27 Oct, 2023 05:16am
Print Govt closes Q1 with budget deficit of 0.9pc of GDP ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget... Updated 26 Oct, 2023 09:02am
Business & Finance US budget deficit widens to $1.7trn on lower tax revenue WASHINGTON: The US budget deficit for the past year widened to $1.7 trillion, government data showed on Friday, in a... Published 22 Oct, 2023 03:20am
Editorials Reverse migration EDITORIAL: One by one the social spillovers of the financial meltdown are beginning to show. Now there’s a very... Published 18 Oct, 2023 06:09am
