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Textile exports inched up to $1bn in July
The cash subsidy under the prime minister’s package helped in promoting exports.
Mubarak Zeb Khan
Dar seeks options as current account deficit triples
July data shows spike in ‘healthy imports’ amidst rising exports.
Commerce minister rules out major changes before polls
With falling exports, the need for a fresh policy is now badly felt.
Action against people suspected of money laundering delayed
“These influential people are using their power to stop proceedings in these cases,” says a source.
Large-scale manufacturing growth hits four-year high
LSM expanded by 5.6 per cent in 2016-17.
The ‘unholy trinity’ that haunts our tax regime
Presumptive taxation, bogus gifts and exemption on remittances have together spoilt the system, an expert says
Only 39pc of tax evasion cases pursued under PML-N
More than 2,300 high-potential cases involving an amount of Rs930bn unearthed by directorate.
Number of return filers grew 50pc in 4 years: Dar
Finance minister says tax revenues grew from Rs1.94 trillion in 2013 to Rs3.36tr last year.
Trade deficit widens by 56pc
Rising trade deficit poses one of the most serious challenges for the govt in the last year of its current term.
Pakistan, Afghanistan to resume high-level trade talks next month
Deadlock caused by Kabul’s insistence on involving India in dialogue.
Govt settles Rs26bn refund claims on eve of rally
Finance minister directs FBR to prepare list of claimants who will be issued a refund.
Refund payments delayed to perk up collection
Approximately Rs39bn sales tax refunds withheld to show higher growth in revenue collection.
FBR plans early disposal of pending audit cases
Chief commissioners of Inland Revenue instructed to dispose of half a million pending cases and 100,000 court cases.
Petrol, diesel prices reduced
ISLAMABAD: With a delay of five days, Finance Minister Ishaq Dar announced on Saturday reduction in the prices of...
New ministries, divisions created for speedy implementation of economic policies
The water and power ministry has been done away with, petroleum ministry reorganised into a division.
Karachi businessman booked for Rs576m tax evasion
Tax evasion was worked out in a period of three years — Rs17.219m in 2014, Rs80.823m in 2015 and Rs478.521m in 2016.
Preliminary report of census data compiled
The government spent Rs18.5bn on census, of which Rs6bn was spent on army personnel and a similar amount on PBS staff.
Economic ministries at a complete standstill
Could the ouster of the PM end the logjam in govt functioning and move the country forward?
167 parliamentarians not in tax directory
PML-N govt's talk to bring parliamentarians into the tax net fails to produce results.
Income tax paid by lawmakers fails to match their lifestyle
Tax directory of 1,160 parliamentarians released