The Federal Board of Revenue (FBR) has clarified that the rate of service charges is Re. 1, instead of one percent being projected on social media, on the invoices issued by Tier-1 retailers integrated with the FBR electronic system of real-time report…

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Monday said the government is keen to provide a conducive environment to facilitate small and medium enterprise growth and ease of doing business.He made these remarks while chairing…

The State Bank of Pakistan (SBP) launched a new initiative, Asaan Mobile Account (AMA), under the National Financial Inclusion Strategy, with the objective to bring further ease in remote account opening under branchless banking.This means that the cus…

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Monday said the government will resolve the problems facing the fertilizer industry as it admires its critical role in the country’s economic progress.He made these remarks during a …

The government is planning to revise the legal and institutional framework of the Universal Service Fund (USF), which has provided Rs. 87 billion in subsidies during the last 15 years, to expand telecommunication services in un-served and under-served …

With $2.4 billion of inflows during November 2021, workers’ remittances continued their strong streak of remaining above $2 billion since June 2020.In terms of growth, on a YoY basis, remittances increased by 0.6 percent in November 2021. In October 20…

The Federal Board of Revenue (FBR) on the instructions of the International Monetary Fund (IMF) has proposed to enhance advance tax on mobile cards in the mini-budget.Sources told ProPakistani that the tax department has proposed revenue measures such …