The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the number of rate slabs to no more than four.
The IMF has urged Pakistan to unify taxation …
The federal government plans to deregulate petroleum prices gradually and only after taking all dealers and Oil Marketing Companies (OMCs) into confidence, Chairman Oil and Gas Regulatory Authority (OGRA) Mansoor Khan told reporters on Tuessday.
Thi…
The Ambassador of France to Pakistan Nicholas Galey called on Finance Minister Muhammad Aurangzeb at the Finance Division today.
The minister welcomed the French Ambassador and appreciated the support extended by the French government for renewal of…
The Securities and Exchange Commission of Pakistan’s (SECP)Centralized Gateway Portal (CGP), for retail investors, has simplified the process for opening accounts with multiple financial intermediaries i.e., brokers, asset management companies, and i…
Finance Minister Muhammad Aurangzeb held a meeting with the Pakistan Dairy Association (PDA), led by CEO Fauji Foods Ltd Usman Zaheer at the Finance Division today.
While addressing the delegation, the minister underscored the significant role the d…
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 …
