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FBR Revamps Export Finance Scheme, Stricter Rules and Compliance Checks

07-Mar-2025
The Federal Board of Revenue (FBR) has rolled out major modifications to the Export Finance Scheme (EFS) to prevent misuse and enhance efficiency.On Friday, the FBR issued SRO301(I)/2025, revising the...
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FBR Revamps Export Finance Scheme, Stricter Rules and Compliance Checks

IMF Pressures Pakistan to Slash Circular Debt, New Loan and Tariff Hike on the Table

07-Mar-2025
The International Monetary Fund (IMF) has urged Pakistan to curb its circular debt, as a dedicated session was conducted on the circular debt management strategy amid the ongoing discussions between b...
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IMF Pressures Pakistan to Slash Circular Debt, New Loan and Tariff Hike on the Table

Govt to Reconsider 18 percent GST on Packaged Milk, Dairy Industry Awaits Relief

07-Mar-2025
The federal government is considering reevaluating the 18% General Sales Tax (GST) on packaged milk to encourage investment and strengthen the dairy sector, as per Federal Minister for National Food S...
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Govt to Reconsider 18 percent GST on Packaged Milk, Dairy Industry Awaits Relief

Pakistan Tax Target Faces IMF Cut

06-Mar-2025
The International Monetary Fund (IMF) is considering revising Pakistan’s tax revenue target downward to less than Rs12.5 trillion, citing a slowdown in economic growth and an eight-month shortfall i...
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Pakistan Tax Target Faces IMF Cut

IMF Eyes Tax Target Cuts Amid Pakistan Revenue Shortfall

06-Mar-2025
The International Monetary Fund (IMF) is evaluating a potential reduction in Pakistan’s tax revenue target, bringing it below Rs12.5 trillion due to sluggish economic activity and a persistent revenue...
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IMF Eyes Tax Target Cuts Amid Pakistan Revenue Shortfall

Major Pension Reforms. Govt Revises Calculation Method and Imposes New Rules

06-Mar-2025
The government has introduced major reforms in pension calculations, altering the formula used to determine retirement benefits and enforcing new restrictions on eligibility.As per media reports, a no...
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Major Pension Reforms. Govt Revises Calculation Method and Imposes New Rules

PAC Probes Rs312 Billion Tax Irregularity as FBR Faces Transparency Concerns

06-Mar-2025
The Public Accounts Committee (PAC) has sent a Rs312 billion sales tax irregularity case back to the Federal Board of Revenue’s (FBR) Departmental Audit Committee (DAC) for further inquiry, as per a B...
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PAC Probes Rs312 Billion Tax Irregularity as FBR Faces Transparency Concerns

CCP Fights Legal Barriers as Pakistan Pushes for Stronger Market Regulations

05-Mar-2025
Deputy Prime Minister Ishaq Dar has voiced concerns over the legal challenges hindering the Competition Commission of Pakistan (CCP), noting that despite the commission’s decisive actions against vari...
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CCP Fights Legal Barriers as Pakistan Pushes for Stronger Market Regulations

IMF Pushes Pakistan for Tougher Tax Enforcement

05-Mar-2025
The International Monetary Fund (IMF) has assessed the Federal Board of Revenue’s (FBR) initiative to broaden the retailer tax base and implement Compliance Risk Management (CRM) strategies, aiming to...
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IMF Pushes Pakistan for Tougher Tax Enforcement

Govt Mulls Spending Cuts and Tax Hikes Amid Rs600B Deficit

05-Mar-2025
The government is considering additional fiscal measures, such as spending cuts and stricter revenue enforcement, to tackle a Rs600 billion budget deficit ahead of securing the next $1.1 billion disbu...
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Govt Mulls Spending Cuts and Tax Hikes Amid Rs600B Deficit
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