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Pakistan ‘assures’ IMF of imposing Rs18bln new taxes monthly

ISLAMABAD: The Pakistan government has reportedly assured the International Monetary Fund (IMF) of imposing new taxes worth Rs18 billion, monthly, ARY News reported, citing...

Anushka Sharma approaches court to challenge “inflated tax notices”

Anushka Sharma argued that the tax department did not charge her as a performer.

JI moves IHC against collection of various taxes on electricity bills

ISLAMABAD: Jamaat-e-Islami (JI) on Tuesday moved Islamabad High Court (IHC) against collecting taxes on the electricity bills, ARY News reported.  The JI leader challenged the...

Is Pakistan out of economic crisis?

Despite many claims of the economy on the mend, the reality is still shrouded in mystery and many economists question many economic decisions taken...

Sindh govt collects Rs 8912 taxes in July 2022

Karachi: Sindh government collected a total of Rs 8912 million in taxes in the first month of the fiscal year 2022-23, data issued by...

Budget 2022-23: Taxes imposed on sending remittances via credit, debit cards

ISLAMABAD: The federal government has decided to impose taxes on those sending remittances abroad via credit, debit and pre-paid cards, ARY News reported on...

Turkey reduces taxes on basic food supplies to fight inflation

Turkey has slashed taxes on basic foods to fight inflation after announcing to lower the value-added tax (VAT) from 8% to 1% on dairy...

What will get costlier after mini-budget?

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI)-led federal government on Thursday tabled Finance (Supplementary) Bill 2021 — or the mini-budget in the National Assembly for approval. The...

Common man to shoulder Rs2bn burden: Tarin on mini-budget

ISLAMABAD: Finance Minister Shaukat Tarin on Thursday rejected speculations regarding imposing additional taxes on the common man through Finance Supplementary Bill, 2021, saying "the...

China gives celebrities 10 days to cough up unpaid taxes

China's tax authorities have set a 10-day deadline for entertainers and social media influencers to pay overdue taxes, part of a government campaign to...

Netizens in disbelief after watching these hyper-realistic cakes

The trend of hyper-realistic cakes has emerged on social media after pastry chefs started sharing pictures of their very life-like baked creations. The concept of...

Governor says will oppose tax collection via electricity bills from Karachiites

KARACHI: Governor Sindh on Friday announced to oppose the collection of Sindh government's taxes through electricity bills in Karachi, ARY NEWS reported. The governor asked...

Sindh govt writes to NEPRA to allow local taxes collection via KE bills

KARACHI: The Sindh government on Thursday written a letter to the National Electric Power Regulatory Authority (NEPRA) regarding the collection of taxes through electricity...

K-Electric to collect Sindh govt taxes through electricity bills

KARACHI: K-Electric will be collecting Sindh government's taxes through the electricity bills after the provincial authorities were unable to clear dues of the power...

UK employers say Johnson’s tax hike will cost jobs

British business organisations criticised Prime Minister Boris Johnson's plans to increase taxes to pay for health and social care reform, saying they added...

PM Imran Khan directs to finalise SME policy at earliest

ISLAMABAD: Prime Minister Imran Khan has directed the concerned authorities to finalise the proposed small and medium enterprise (SME) policy at the earliest, ARY...

Over Rs10 bn of property, motor vehicle taxes collected from Karachi in FY2020-21

KARACHI: Over Rs10 billion has been collected from Karachi in terms of the motor vehicle and property taxes during the outgoing fiscal year of...

PM rejected IMF’s demand for imposing new taxes on masses: Tarin

ISLAMABAD: Federal Finance Minister Shaukat Tarin on Saturday said that Prime Minister Imran Khan had refused the International Monetary Fund's (IMF) about imposing new...

Budget 2021-22 to include ‘no new taxes’ on salaried person, raise in salaries   

The federal budget 2021-22 having a total outlay estimated at Rs8.4 trillion will be presented before the National Assembly on June 11.

Already suffering masses now bear increased power tariffs, says ex-PM Abbasi

More than half of petrol price a litre is taxes levied by the government all of which go into the revenues, ex-Prime Minister said
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