No deal with govt on tax refunds for pay rolls, say industry leaders
Tax officials say they are on track to complete the disbursement of Rs100 billion by the end of April.
Mubarak Zeb Khan
Famous online prankster Nadir Ali gets tax order
Tax authorities believe YouTube channel P for Pakao owner Nadir Ali owes them Rs 13 million.
Nausheen to lead FBR amid big tax revenue shortfall
Amjad replaces Shabbar Zaidi officially, had been looking after the office of chairman while the latter was on leave.
Containers pile up at port as export orders cancelled
Broader reasons of decline are listed as cancellation of orders from buyers and diminished availability of ships.
Exports dip in March amid global slowdown
The export proceeds had edged up 2.23pc to $17.451bn during the first nine months of 2019-20.
POS integration deadline extended
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for big retailers to integrate their point ...
Inflation rate drops to 10.2pc in March
For the first time since July last year inflation has seen downward trend for second month in a row.
Revenue shortfall surges by Rs200bn in March
Provisional figures showed the FBR collected Rs325bn in March against the projected target of Rs525bn.
Trade officers to work on export order cancellations
According to some textile exporters, orders close to $1.3 billion have been either cancelled or postponed.
Essential sectors’ operations to keep economic wheel moving
We have to run the economy; we need guidelines to be followed, says PM's aide Abdul Razak Dawood.
IMF hints at helping Pakistan to fight off corona impact
Fund chief says emergency financing will allow government to address urgent balance of payments needs and support.
ECC approves grants for equipment purchase
The approval of the supplementary grants is part of the government package to mitigate impact of Covid-19.
Ecnec okays development projects worth Rs97.6bn
Gives approval for managing operations of Green Line BRTs in the first 3 years to transfer them to Sindh govt after.
Summary ready for duty reductions on commodities
It has been proposed to waive two per cent withholding tax on import of pulses.
Pakistan further cuts policy rate by 150 basis points to 11pc
MPC notes considerable uncertainty about how the coronavirus outbreak would impact the global economy and Pakistan.
PM asks for cuts in duties and taxes to bring down food prices
Sources say a team of officers is compiling a list of essential items, which will be presented to the federal cabinet.
Medical equipment to be exempted from taxes
Govt allows use of non-utilised amount from WB-funded projects worth $40 million for purchase of COVID-19 equipment.
FBR estimates Rs300bn revenue loss in last quarter
Top tax officials reviewing impact of coronavirus on various sectors, revenue collection.
Textile exports surge 17pc
Experts credit growth to diversion of orders from China owing to the spread of coronavirus in the country.
Defer loan payments, cut interest rate to boost exports: report
ISLAMABAD: A high-powered government committee has proposed a range of measures to support domestic industry in...