BUSINESS
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Karachi: FBR seals over 30 shops for tax, PoS violations
The Federal Board of Revenue (FBR) has sealed more than 30 shops across Karachi for violating Point of Sale (POS)...
Pakistan’s trade deficit rises to $2.44 billion in December
Pakistan's trade deficit rose to $2.44 billion in December 2024, marking a 35% year-on-year surge and the highest level since...
FBR faces Rs386 billion shortfall in tax collection in first half of FY
The Federal Board of Revenue (FBR) recorded a substantial tax shortfall of Rs386 billion during the first half of the...
Pakistan to approach US for seeking waiver on gas pipeline project with Iran
The Pakistan government has decided to approach the upcoming US administration for the waiver of sanctions on the Pak-Iran gas...
OGRA slashes LPG price by Rs4.02 per kg
The Oil and Gas Regulatory Authority (OGRA) on Tuesday slashed the price of Liquefied Petroleum Gas (LPG). As per the...
President Zardari signs Income Tax Amendment Ordinance 2024
President Asif Ali Zardari has signed the Income Tax (Amendment) Ordinance, 2024, introducing significant changes to Pakistan’s tax structure. The...
Finance Minister calls for “Charter of Economy”
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Sunday called for a “Charter of Economy” to steer the...
PPP to oppose Tax Amendment Bill, Mirza Ikhtiar Baig
Pakistan People’s Party (PPP) MNA Mirza Ikhtiar Baig Monday said his party will oppose the proposed Tax Amendment Bill, which...
PM directs to ensure uninterrupted gas supply to domestic consumers
Prime Minister (PM) Shehbaz Sharif has directed authorities to ensure uninterrupted supply of gas to domestic consumers during the winter...
Pakistan’s tax gap rises to over Rs7 trillion, FBR
Amid Prime Minister Shehbaz Sharif's government's strenuous efforts to expand the tax net and increase revenue generation, Federal Bureau of...
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