Contrary to misleading media reports, the federal government has confirmed that no new tax is being applied to all bank transactions. Only non-filers will be subject to a revised withholding …
tax policy
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Business
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The National Assembly’s Standing Committee on Finance and Revenue has unanimously rejected the FBR’s proposal to impose 18% GST on imported solar panels, prioritizing public access to clean energy over …
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Finance Ministry to Hire Professionals for Tax Policy Office
by Umar Sohailby Umar SohailISLAMABAD, March 25: Ministry of Finance is recruiting six professionals to help operationalize the newly established Tax Policy Office (TPO), which will directly report to the finance minister. This move …
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National
Finance Minister’s Efforts to Gain Support for FBR Restructuring Plan Face Opposition from Tax Officers
ISLAMABAD: In a final attempt to garner support for a restructuring plan, Caretaker Minister for Finance Dr. Shamshad Akhtar visited the Federal Board of Revenue’s (FBR) headquarters. Despite spending hours …
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Economic Program Amidst the visit of the International Monetary Fund (IMF) technical team to Pakistan, a series of crucial discussions and meetings are unfolding, marking the commencement of preparations for …