#IMF
Cabinet to abolish Rs350b tax exemptions
ISLAMABAD: The federal cabinet will approve the Tax Laws (Fourth Amendment) Bill to abolish Rs350 billion tax exemptions and restore… Read More
No new taxes But exemptions will be withdrawn in mini budget, Tarin says
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said the government will not impose any… Read More
State Bank held responsible to Banks over exchange rate destabilization
The State Bank of Pakistan expressed serious concerns on Thursday over speculation by banks in the currency business, saying they… Read More
State Bank to be granted autonomy as parliament passes amendment bill
The State Bank of Pakistan (SBP) is soon be granted autonomy as an amendment bill was approved in the parliament… Read More
500,000 Retailers Targeted by FBR to Boost Revenue
About 500,000 countrywide retailers with a tax potential of about Rs 1,500 billion are the new target of Federal Board… Read More
Tax Collections Increased by 37%
The Federal Board of Revenue (FBR) collected Rs1.84 trillion in just four months, an increase of 37% or close to… Read More
IMF demands closure of Bank Accounts of public sector entities
The International Monetary Fund (IMF) has placed a condition on Pakistan to close all the bank accounts maintained by public… Read More
Bad News for Salaried & Retired Employees in Upcoming Budget
The government has accepted to the condition put by the International Monetary Fund (IMF) to charge income tax on monthly… Read More
Rupee Continues to weaken against dollar
The rupee continued to weaken against the US dollar at Rs155.78 in the inter-bank market on Tuesday compared with closing… Read More
Budget in front but Pakistan and IMF will discuss taxes next week
Pakistan and the International Monetary Fund (IMF) are working to eliminate their differences over new taxation measures. The government’s willing… Read More