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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

Auto Financing Sees Growth as Interest Rates Drop in Pakistan

19-Feb-2025
Auto financing in Pakistan rose to Rs241.6 billion in January 2025, up from Rs235.45 billion in December 2024, as falling interest rates drove more consumers to take out loans for vehicle purchases, a...
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Auto Financing Sees Growth as Interest Rates Drop in Pakistan

Maryam Nawaz Launches Key Economic Initiatives for Punjabs Growth

18-Feb-2025
Punjab's Chief Minister, Maryam Nawaz Sharif, has announced the allocation of land in industrial zones for beneficiaries of the Asaan Karobar loan program, directing authorities to speed up its execut...
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Maryam Nawaz Launches Key Economic Initiatives for Punjabs Growth

Tribunal Overturns Department Tax Demand in Key Case

18-Feb-2025
The department identified inconsistencies between the taxpayer's bank statements and the final taxation details during the audit for the specified period. As a result, a show-cause notice was issued, ...
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Tribunal Overturns Department Tax Demand in Key Case

Federal Government Expands POS System to AJK, Enhancing Digital Taxation and Transparency

17-Feb-2025
The federal government has extended its Point-of-Sale (POS) system to businesses in Azad Jammu and Kashmir (AJK), bringing them into Pakistan’s growing digital taxation network. This initiative, spear...
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Federal Government Expands POS System to AJK, Enhancing Digital Taxation and Transparency

Nepra Officials Receive Unauthorized Pay Hikes, Raising Concerns Over Transparency

17-Feb-2025
Senior officials at the National Electric Power Regulatory Authority (Nepra) have dramatically increased their salaries and allowances without obtaining the required approval from the federal cabinet,...
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Nepra Officials Receive Unauthorized Pay Hikes, Raising Concerns Over Transparency

FBR Revises Territorial Jurisdiction for Advance Income Tax Collection on Property Transactions in Karachi

17-Feb-2025
The Federal Board of Revenue (FBR) has updated the territorial jurisdiction for the collection of advance income tax on property transactions in Karachi, designating the Regional Tax Office-1 (RTO-1) ...
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FBR Revises Territorial Jurisdiction for Advance Income Tax Collection on Property Transactions in Karachi

Pakistan and IMF Set to Finalize Energy Subsidy Overhaul and Climate Reforms

17-Feb-2025
The government of Pakistan, in collaboration with the International Monetary Fund (IMF), is preparing to finalize a framework for targeted electricity and gas tariff subsidies through the Benazir Inco...
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Pakistan and IMF Set to Finalize Energy Subsidy Overhaul and Climate Reforms

President Zardari Upholds Sindh Revenue Board’s Authority Over Workers Welfare Fund Collection

17-Feb-2025
President Asif Ali Zardari has confirmed the Sindh Revenue Board’s (SRB) legal right to levy and collect the Workers’ Welfare Fund (WWF) in Karachi, rejecting the Federal Board of Revenue’s (FBR) appe...
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President Zardari Upholds Sindh Revenue Board�s Authority Over Workers Welfare Fund Collection
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