ISLAMABAD: Despite recent optimism surrounding Pakistan's economy, the country is facing an "existential crisis" stemming from its woeful tax collection rates and inability to finance itself, a report said Wednesday.
LAHORE: The Punjab Revenue Authority on Tuesday served notice to DJ Butt over non-payment of sales tax worth Rs 17 million, ARY News reported.
Wife of PTI chief Imran Khan, Reham Khan, has paid Rs 335,000 in tax in 2012-13, she said today in a rejoined to the Federal Board of Revenue
ISLAMABAD: Finance Minister Muhammad Ishaq Dar has said the present government has accomplished three years' work in one year in the field of economy.
ISLAMABAD: International Monetary Fund has asked the Pakistan government to further bolster revenue by broadening the tax base.
ISLAMABAD: Federal Finance Minister Ishaq Dar informed on Thursday that additional tax has been imposed to reduce shortfall of Rs. 46 billion in revenue collection, ARY News reported.
TEXAS: A Texas man has been arrested for taking tightly wound currency into a county office to pay his $600 property tax bill and then launching a tirade when asked to help unfold the money, the Wichita County Sheriff's Office said on…
WASHINGTON: President Barack Obama on Monday proposed a $3.99 trillion budget that drew scorn from Republicans and set up battles over tax reform, infrastructure spending, and the quest to prove which party best represents the middle class.
SEOUL: Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 percent in South Korea and consider cutting prices of the car overseas to compete with models from the likes of Toyota Motor Corp.
DUBLIN: Mass protests against new water taxes set to be introduced in Ireland from January 1 have shown up deep wells of resentment after years of austerity, even as the economy rebounds.