The Punjab Excise Department has decided to start collecting property tax from vacant plots across the province, including Lahore.

According to Additional DG Rizwan Sherwani, they will conduct geo-tagging to identify individuals who fail to pay taxe…

The National Electric Power Regulatory Authority (NEPRA) on Wednesday notified a Rs. 2.83 per unit increase in the price of electricity in terms of fuel charges adjustment (FCA) for ex-Wapda distribution companies (DISCOs).

The increase will be show…

The Federal Board of Revenue (FBR) has informed importers/exporters about the jurisdiction and limits of ‘Customs House, Torkham’; Customs Border Terminal, Torkham, Khyber District and Customs Border Terminal, Chaman (Custom House, Chaman).

The FBR …

Martin Raiser, Regional Vice President of World Bank for South Asia along with a delegation including Country Representative Najy Benhassine called on Prime Minister Shehbaz Sharif in Islamabad today.

Welcoming Raiser, the premier lauded the contrib…

The Pakistan Poultry Association announced on Tuesday a decrease in chicken prices in local markets across the country. Currently, chicken meat is retailing at Rs. 470 per kg, reflecting a decrease of Rs. 78 per kg.

According to the association, the…

A high-level delegation of EDOTCO Group led by its Group CEO Mohamed Adlan Ahmad Tajuddin called on Minister of State for IT Shaza Fatima Khawaja on Wednesday.

Matters of mutual interest and related to telecom infrastructure were discussed in the me…

The burden of payments to Independent Power Producers (IPPs) has spiked to Rs. 1,800 billion, Finance Ministry sources told ProPakistani.

Sources said IPPs are exerting considerable pressure on both the Ministry of Energy and the Ministry of Finance…

The Pakistani rupee gained slightly against the US Dollar today after opening trade at 278 in the interbank market.

It was largely stable before closing in green against the greenback and other major currencies today.

The interbank rate stayed at 2…

Pakistan’s tax-to-GDP ratio will be increased to 13-14 percent in the next four years but pensions remain a ‘big liability’ and massive reforms are needed to overcome this burden, Finance Minister Muhammad Aurangzeb said in a press briefing on Tuesda…

The government has enforced Tax Laws (Amendment) Act, 2024 from May 6, 2024 to liquidate appeals before Commissioner Inland Revenue (Appeals) and Appellate Tribunal Inland Revenue (ATIR).

The Act has amended Income Tax Ordinance 2001, Sales Tax Act …