World Bank board of directors approved the Punjab Rural Sustainable Water Supply and Sanitation Project (PRSWSSP) to upgrade water supply and sanitation infrastructure.
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EconomyLatest Updates
Upto 1000cc vehicles exempted from tax, No tax on Mobile Phone SMS: Shaukat Tarin – Richer U R Lower the Tax on Car
by Umar Sohailby Umar SohailThere will be no tax on internet or SMS services whereas 75 paisa tax will be deducted on phone calls extending five minutes,Finance Minister.
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EconomyLatest Updates
power of the purse: No leniency for tax defaulters from next fiscal year, warns Tarin
by Umar Sohailby Umar SohailTarin says action will be taken against those who ignore FBR’s notices. Finance minister says budget 2021-22 to be implemented from July 1. FBR will not be allowed to harass …
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EconomyLatest Updates
Country Dehydrated: World Bank Approves $ 442 Mln for Water Sanitation in Punjab
by Umar Sohailby Umar SohailWB Project is to upgrade water supply and sanitation infrastructure and services for sustainable access to drinking water and safe wastewater management.
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EconomyLatest Updates
Another Panama Now: Govt moves to tax undisclosed offshore assets
by Umar Sohailby Umar SohailSeeks to impose taxes on ‘suspicious’ gifts transactions among relatives that increased to Rs170b last year
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EconomyLatest Updates
No No to IMF Now: Quitting IMF programme not possible now: Tarin
by Umar Sohailby Umar SohailSenate committee on Finance unanimously turned down the arrest powers of the Federal Board of Revenue (FBR).
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Latest UpdatesNational
Political parties exempted from filing income tax returns, paying taxes
by Umar Sohailby Umar Sohail“Any income derived by the following institutions, foundations, societies, boards, trusts and funds” will be exempted from the tax.
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Latest UpdatesNational
Holding Your Income Close To Your Chest: Taxes Likely To Increase In FY22 Budget
With the federal budget scheduled to be announced on June 11, top tax officials are still debating the fate of key revenue measures. Contrary to the repeated claims of the …
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EconomyLatest Updates
Do More: Pakistan & IMF Continue ‘discussing’ Budget This week
by Umar Sohailby Umar SohailProposal to increase tax on fertiliser, import of crude oil under review
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EconomyLatest Updates
Another Sign of Eco Recovery: FBR surpasses Tax collection target by Rs 34bn in April
by Hamza Irshadby Hamza IrshadThe Federal Board of Revenue (FBR) surpassed its revenue collection target by Rs34 billion to Rs384bn in April, the second highest collection in the second half of current fiscal year …