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IMF Urges Broad Tax Reforms as Retail Sector Struggles with Compliance

21-Feb-2025
The International Monetary Fund (IMF) has emphasized the urgent need for comprehensive tax reforms in Pakistan, pointing to the country's inadequate revenue generation and its over-reliance on formal ...
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IMF Urges Broad Tax Reforms as Retail Sector Struggles with Compliance

Government Reviews 18 percent Milk Tax Amid Industry Crisis and Public Outcry

21-Feb-2025
The federal government has promised to reassess the 18% sales tax on packaged milk after concerns raised by the Pakistan Dairy Association (PDA) regarding the negative impact on prices, sales, and the...
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Government Reviews 18 percent Milk Tax Amid Industry Crisis and Public Outcry

ECC Approves Tax Exemptions for ICC 2025

21-Feb-2025
The Economic Coordination Committee (ECC) convened on Thursday under the leadership of Finance and Revenue Minister Senator Muhammad Aurangzeb at the Finance Division, Islamabad. The session focused o...
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ECC Approves Tax Exemptions for ICC 2025

Tarek Hamdy Champions Real Estate as Key Driver for Economic Revival in Pakistan

20-Feb-2025
Tarek Hamdy, the CEO of Eighteen Housing, recently engaged with a select group of journalists to emphasize the critical role the real estate industry plays in driving national economic growth. During ...
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Tarek Hamdy Champions Real Estate as Key Driver for Economic Revival in Pakistan

Pakistan Finance Minister Calls for Retail Sector Tax Reforms as Economy Stabilizes

20-Feb-2025
Senator Muhammad Aurangzeb, Pakistan's Federal Finance Minister, highlighted on Thursday that the retail sector, which constitutes a substantial 19% of the nation’s GDP, is contributing a mere 1% in t...
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Pakistan Finance Minister Calls for Retail Sector Tax Reforms as Economy Stabilizes

FBR Increases Customs Value for Desiccated Coconut Imports to 1.6 Dollars per Kg

19-Feb-2025
The Directorate General of Customs Valuation in Karachi has updated the customs value for imported desiccated coconut, raising the price from $1 per kilogram to $1.6 per kilogram for all countries of ...
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FBR Increases Customs Value for Desiccated Coconut Imports to 1.6 Dollars per Kg

Six Member Committee Formed to Oversee Privatization of Key Power Companies

19-Feb-2025
The Power Division has established a six-member committee to oversee the ongoing privatization of Islamabad Electric Supply Company (IESCO), Faisalabad Electric Supply Company (FESCO), and Gujranwala ...
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Six Member Committee Formed to Oversee Privatization of Key Power Companies

Punjab Government Debt Falls by Rs24.8 Billion in Q2, But Exchange Rate Risks Persist

19-Feb-2025
Punjab's total government debt decreased by Rs24.8 billion in the second quarter (Oct-Dec) of fiscal year 2024-25, marking a 1.5% drop, according to a report from the Punjab Finance Ministry. This red...
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Punjab Government Debt Falls by Rs24.8 Billion in Q2, But Exchange Rate Risks Persist

Government to Support Pakistan Towel Industry with New Policies and Global Growth Strategy

19-Feb-2025
In an effort to tackle the difficulties faced by Pakistan's towel industry, Federal Minister for Finance Muhammad Aurangzeb convened a session of the committee formed by the Prime Minister. The meetin...
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Government to Support Pakistan Towel Industry with New Policies and Global Growth Strategy

IMF Review to Assess Pakistan Economic Progress Amid Financial Challenges

19-Feb-2025
The International Monetary Fund (IMF) review team is scheduled to visit Pakistan in the first week of March to evaluate the progress made under the $7 billion Extended Fund Facility (EFF).This review ...
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IMF Review to Assess Pakistan Economic Progress Amid Financial Challenges
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