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Tag: Tax reform

Pakistan Business Summit
Business Pakistan
  • Web Desk
  • Oct 02, 2025
Aurangzeb stresses tax reform, private sector growth at Pakistan Business Summit

Governor Kundi shed light on KP as a powerhouse of mineral resources, gas, and hydroelectric energy at the Pakistan Business Summit.

G20 tax super rich
World
  • Web Desk
  • Jul 26, 2024
G20 countries agree on need to tax billionaires

G20 finance ministers are poised to take a significant step towards international cooperation on taxing the ultra-wealthy.

PM Shehbaz Sharif on reducing electricity prices
Business
  • Web Desk
  • Jul 13, 2024
PM Shehbaz urges FBR to revise revenue collection strategy

PM has advised FBR to reassess its approach to revenue collection in a bid to alleviate the country’s debt burden.

FBR transformation plan
Business
  • Web Desk
  • Mar 30, 2024
FBR introduces scheme to bring major traders into tax net

The Federal Board of Revenue (FBR) is launching the Tajir Dost Scheme to bring five major categories of traders into the tax system.

Philip Morris Pakistan tobacco exports
Pakistan
  • Web Desk
  • Mar 26, 2024
Cigarette consumption drops by up to 25 per cent in Pakistan

In a recent development, the International Monetary Fund (IMF) has brought to light a substantial decrease in cigarette consumption in Pakistan, attributed to a notable price or tax hike on tobacco products.

IMF new directives for Pakistan
Business
  • Web Desk
  • Mar 16, 2024
IMF calls for streamlining business registration in Pakistan

The International Monetary Fund (IMF) has urged Pakistan to adopt a unified turnover-based registration threshold for all businesses, signalling a significant shift in the country’s fiscal policy.

reza baqir urges new govt to take measures to tackle inflation
Business
  • Web Desk
  • Feb 09, 2024
Former SBP governor flags inflation as key hurdle for new administration

Dr Reza Baqir, emphasised the need for the incoming government to engage in negotiations with the International Monetary Fund (IMF) and tackle the challenge of inflation.

FBR non filers
Business
  • Web Desk
  • Nov 18, 2023
FBR unveils plan to add 2 million new taxpayers by 2024

In a strategic move to streamline its operations, the Federal Board of Revenue (FBR) has set up 145 district tax offices.

Toyota Corolla sales in Pakistan
Business
  • Web Desk
  • Oct 28, 2023
Pakistan’s auto industry growth hampered by excessive taxation

High car taxes imposed by the government, ranging from 37 per cent to 43 per cent, are impeding the growth of Pakistan’s auto industry.

World Bank
Business Pakistan
  • Web Desk
  • Oct 04, 2023
WB suggests Pakistan to tax monthly salaries below Rs 50,000

World Bank has urged Pakistan to consider taxing monthly salaries below Rs 50,000 and lowering the threshold for charging the highest income tax rate of 35 percent from salaried individuals,

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