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Pakistan

Web Desk
Oct 24, 2024

Pakistan’s total debt has reached $258 billion: Finance Minister

Finance Minister Aurangzeb said that after delay caused by the audit of PIA’s assets, now the PIA would be privatised in November.

Pakistan

Web Desk
Oct 16, 2024

Pakistan collects taxes only to pay interest on loans: FBR chairman

Rashid Mahmood Langrial says difference between the inflation rate and the policy rate should not exceed 3-4 per cent

Business

Web Desk
Sep 23, 2024

FBR to intensify crackdown against non-filers from Oct 1

Furthermore, those who do not comply by the deadline of September 30 to file taxes will be subject to double withholding tax.

Business

Web Desk
Aug 29, 2024

Shutter-down strike over rising power prices, taxes results in heavy trade losses

The nationwide strike called by the business community on Wednesday in protest against rising electricity bills and the increasing tax burden led to significant trade losses across the country.

Pakistan

Web Desk
Aug 19, 2024

Rs 16,000 bill for 95 units: only a quarter is electricity cost

The already high cost of electricity is further inflated by a barrage of penalties, duties, and other fees.

Pakistan

Web Desk
Aug 14, 2024

How FBR’s indirect taxes on electricity bills fuel inflation in Pakistan?

According to official data, the FBR collects approximately Rs950 billion annually from taxes on electricity bills

World

Reuters
Aug 11, 2024

Harris says she supports eliminating taxes on tips, like Trump

Harris’s support for eliminating taxes on tips aligns with a similar stance taken by former President Donald Trump.

Pakistan

Web Desk
Jul 28, 2024

Finance Minister urges to enhance public services to justify tax increases

Addressing concerns from salaried individuals, Aurangzeb mentioned that efforts are being made to avoid burdening the lower-income groups with taxes.

Politics

Web Desk
Jul 02, 2024

PTI’s Asad Qaiser says party to hold rallies on July 5, 6

Asad Qaiser said on Tuesday that the party would hold protest demonstrations at Mansehra and in Islamabad on July 5 and July 6, respectively.

Business

Web Desk
Jun 16, 2024

Businesses refusing to accept credit, debit cards to be sealed, says FBR

Additionally, retailers not implementing the Point of Sale (POS) invoice system will face a fine of Rs 500,000 and will only be allowed to reopen their businesses or shops seven days after the fine is imposed.