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Tag: Muhammad Aurangzeb

developing economies
Business
  • Web Desk
  • Mar 26, 2025
Aurangzeb calls out global economic inequity, urges united front for developing economies

Aurangzeb said that developing countries face higher tariffs and trade restrictions, while global economy benefits developed economies.

Business
  • Web Desk Karachi
  • Mar 11, 2025
Insurance sector leaders urge Aurangzeb to restore tax credits for growth

The CEOs also called for a centralised insurance taxation system to achieve uniform treatment across the board and to eliminate instances of double taxation at the provincial level.

Business
  • Web Desk Karachi
  • Mar 07, 2025
Textile leaders urge swift action on Rs329.5 billion refunds to boost exports

The textile leaders made three key demands to bolster the industry’s competitiveness and combat the ongoing deindustrialization in the spinning sector.

IMF Pakistan floods
Business
  • Web Desk Karachi
  • Mar 05, 2025
Fiscal tightening looms as government prepares for IMF review

The new fiscal measures, expected to come into effect from April 1, could adopt a three-pronged strategy: strict management of the PSDP; improved revenue collection from sectors with lax enforcement, such as retail and real estate; and the activation of contingency measures.

Business
  • Web Desk Karachi
  • Mar 04, 2025
FBR to implement CRM framework to boost revenue by Rs250 billion

The FBR has engaged external services to develop the CRM framework and has informed the visiting IMF team that of the six million tax returns received, Artificial Intelligence (AI) will be utilised to select approximately three to five percent for audit purposes, with the capacity for this process expected to grow over time.

boom and bust cycle
Business
  • Web Desk
  • Feb 26, 2025
Economy stabilising, but boom and bust cycle must be avoided, says finance minister

Finance Minister Muhammad Aurangzeb has said that the economy is stabilising but the repeated boom and bust cycle needs to be avoided.

Business
  • Web Desk Karachi
  • Feb 26, 2025
Aurangzeb proposes creation of National Crypto Council for digital currency adoption

The council will play a crucial role in overseeing policy development, addressing regulatory challenges, and ensuring that Pakistan’s digital asset ecosystem develops securely, compliantly, and sustainably.

Business
  • Web Desk Karachi
  • Feb 25, 2025
Aurangzeb advocates open-minded crypto regulation at Pakistan Banking Summit 2025

He also outlined government’s ongoing six partnership themes with international financial institutions over the next decade, including four on climate change and two on financial matters.

Business
  • Web Desk Karachi
  • Feb 24, 2025
Aurangzeb initiates inclusive budget talks with traders

The process of preparing the upcoming budget has begun, incorporating discussions with the business community to ensure a well-rounded and inclusive budgetary approach, he said.

boom and bust cycle
Business
  • Web Desk
  • Feb 22, 2025
Economy is moving towards improvement, insists Muhammad Aurangzeb

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