The federal government is planning to withdraw sales and income tax exemptions for FATA/PATA areas.
Sources told ProPakistani that the Federal Board of Revenue (FBR) has prepared tax proposals for the next fiscal year budget, and there are chances t…
Pakistan has commenced discussions with the World Bank (WB) for a $8 billion Country Partnership Strategy (CPS) policy framework spread over four years.
The CPS, expected to span from FY 2025 to FY 2029, is still under discussion regarding its speci…
The price of gold in Pakistan fell by Rs. 500 per tola on Tuesday to settle at Rs. 240,000.
According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 500 per tola to Rs. 240,000, while the price of 10 gram…
Despite being 4th largest milk producer in the world and a major sub-sector of agriculture, contributing along with livestock over 60 percent of value-added agriculture and 11.7 percent of the total GDP contribution, the dairy sector faces persistent…
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 …
Citi Pharma Limited (PSX: CPHL) has entered into a joint venture with Hangzhou Newsea Technology Co., Ltd, a big player in the pharmaceutical industry in China, CPHL informed the main bourse on Tuesday.
The filing explained that the joint venture (J…
Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin called on Minister of State for IT and Telecommunication Shaza Fatima Khawaja in her office on Tuesday.
The two sides exchanged views on enhancing collaboration in the field of IT and telecom. Th…
The future of smartphone innovation has arrived with the first sale of vivo Y100, now available for purchase across Pakistan at PKR 59,999. This latest addition to the renowned Y series offers an exceptional fusion of experience, utility, and perform…
The International Monetary Fund (IMF) wants Pakistan to tax Rs. 1.3 trillion more next fiscal year, massively raising the Federal Board of Revenue’s (FBR) annual revenue target to Rs. 12.3 trillion.
IMF wants the authorities to collect half of these…
