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Global economy chiefs fret over a Trump return

Low growth, high debt and escalating wars topped the official agenda at the International Monetary Fund and World Bank annual meetings, but finance leaders...

IMF talks: Pakistan ‘agrees’ to slap tax on agriculture income

ISLAMABAD: Pakistan has 'agreed' to the imposition of tax on agriculture income during talks with the International Monetary Fund (IMF), ARY News reported on...

IATA asks Pakistan to revoke recent tax hike on air tickets

KARACHI: International Air Transport Association (IATA) has demanded of Pakistan government to lower tax on air tickets, ARY News reported. The federal government jacked up...

Tax imposed on herbal, homeopathic medicines

ISLAMABAD: The federal government has accepted another demand of International Monetary Fund (IMF), withdrawing tax exemptions on herbal and homeopathic medicines and imposing an...

IMF wants Pakistan to impose tax on stationery items

ISLAMABAD: The International Monetary Fund (IMF) has recommended the Pakistani government impose a tax on stationery items including books, pens, etc, citing sources ARY...

KP CM opposes tax on Naswar in budget 2024

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur Friday opposed taxing Naswar in the upcoming budget of the province.  The proposal to tax Naswar was...

Govt to ‘increase’ tax on cash withdrawal in upcoming budget

The federal government is mulling over increasing an advance tax on cash withdrawal by non-filers from banks in the upcoming FY budget 2024-25, ARY...

Plan underway to digitize tax system: PM Shehbaz Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday that the revival of economy is the biggest challenge and topmost priority of the incumbent government. Talking...

END TO END DIGITIZATION OF TAX SYSTEM IS TOP PRIORITY: FINANCE MINISTER

Finance Minister Muhammad Aurangzeb on Wednesday visited the Federal Board of Revenue (FBR) Headquarters in Islamabad and stressed upon the urgent need for digitizing...

India aims to collect $1.7 bln from online gambling tax

India expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax (GST) next financial year by taxing online gambling...

FBR finalises scheme to ‘tax 3.5mln retailers’

ISLAMABAD: In its efforts to broaden the tax net, the Federal Board of Revenue (FBR) has finalized a scheme to tax retailers in the...

FBR finalises scheme to ‘slap’ tax on retailers

ISLAMABAD: In its efforts to broaden the tax net, the Federal Board of Revenue (FBR) has finalized a scheme to slap tax on retailers...

FBR collects Rs736 bln tax in November 2023

The Federal Board of Revenue (FBR) has collected Rs3,484 bln tax during first five months of FY2023-24, the tax collection body's spokesperson announced. FBR spokesperson...

Pakistan’s tax collection insufficient to meet financial needs: WB

World Bank (WB) has declared Pakistan's tax collection insufficient to meet its financial necessities. The report states that progressive countries should have a tax-to-GDP ratio...

Govt imposes new taxes worth Rs 215b to meet IMF conditions

ISLAMABAD: Federal Government have imposed new taxes worth Rs 215 billion in the budget to meet International Monetary Fund (IMF) conditions, ARY News reported. Addressing...

Federal govt reduces registration tax for commercial vehicles

ISLAMABAD: The federal government has reduced the registration tax for commercial vehicles in Excise and Taxation department Islamabad Capital Territory (ICT), ARY News reported...

‘Misleading, blatant lies’: ISPR slams tax records propaganda against COAS Gen Bajwa

RAWALPINDI: The military’s media wing Inter-Services Public Relations (ISPR) on Sunday rubbished nefarious campaign launched against Chief of Army Staff (COAS) General Qamar Javed...

‘Tax people in this room to help the poor’

European governments should tax corporates to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief...

Shakira to face trial for tax fraud

A Spanish court on Tuesday formally ordered Colombian superstar Shakira to stand trial on accusations that she failed to pay 14.5 million euros ($14.31...

FBR surpasses August revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of PKR 489 billion against the target of Rs483 billion in the second...
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