A five-judge constitutional bench of the Supreme Court will start hearing petitions against Sections 4B and 4C of the Income Tax Ordinance, 2001, from Monday, March 10.
The bench, led by Justice Read More...
The Lahore High Court (LHC) strongly criticized the Federal Board of Revenue (FBR) for being exempt from court fees when filing tax references, while ordinary litigants must pay Rs 50,000 per Read More...
Sales tax revenue from electricity surged to Rs 283.177 billion during July-December 2024-25, marking a 53.5% increase from Rs 184.468 billion in the same period last year, according to the Read More...
The government is evaluating a proposal to introduce new pay scales for senior bureaucrats and restructure federal ministries to enhance efficiency. This was deliberated in a Read More...
China has agreed to extend the repayment deadline for a $2 billion loan to Pakistan by one year, offering major financial relief, as confirmed by the Ministry of Finance on Read More...
Pakistan has informed the International Monetary Fund (IMF) that it will not introduce new taxes and will instead focus on legal and administrative reforms to cover the expected revenue gap. However, according Read More...
The government has submitted a proposal to the International Monetary Fund (IMF) to revise electricity tariffs for solar panel users utilizing net metering. According to The Read More...
The Federal Board of Revenue (FBR) has rolled out major modifications to the Export Finance Scheme (EFS) to prevent misuse and enhance efficiency.
On Friday, the FBR Read More...
The International Monetary Fund (IMF) has urged Pakistan to curb its circular debt, as a dedicated session was conducted on the circular debt management strategy amid the ongoing discussions Read More...
The federal government is considering reevaluating the 18% General Sales Tax (GST) on packaged milk to encourage investment and strengthen the dairy sector, as per Federal Minister for Read More...
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