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PM Shehbaz Sharif Meets US Investment Delegation to Discuss Opportunities in Pakistan

29-Jan-2025
Prime Minister Muhammad Shehbaz Sharif welcomed an international investors' delegation, headed by Gentry Beach, a prominent investor from the United States, to discuss the flourishing investment lands...
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PM Shehbaz Sharif Meets US Investment Delegation to Discuss Opportunities in Pakistan

Electricity Bills Could Rise Higher Security Deposits Proposed

29-Jan-2025
Electricity consumers might face higher security deposit requirements, with amounts potentially rising as high as Rs56,111, as eight state-owned power distribution companies (Discos) have requested ap...
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Electricity Bills Could Rise Higher Security Deposits Proposed

Pakistan Tax System Faces Challenges as 43 percent Declare Zero Income

29-Jan-2025
In the current fiscal year, 5.9 million tax returns have been filed in Pakistan, yet a striking 43.3% of these filers have reported zero taxable income, shedding light on the country’s limited tax bas...
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Pakistan Tax System Faces Challenges as 43 percent Declare Zero Income

Khyber Pakhtunkhwa Achieves Significant Revenue Boost in H1 2025

29-Jan-2025
The Khyber Pakhtunkhwa provincial government has recorded a remarkable 49% increase in revenue generation for the first half of the current financial year, accumulating Rs42.3 billion—up from Rs28.4 b...
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Khyber Pakhtunkhwa Achieves Significant Revenue Boost in H1 2025

Major Tax Evasion Scheme Uncovered at Port Qasim

28-Jan-2025
The Collectorate of Customs (Exports) at Port Qasim has uncovered a tax and duty evasion scheme valued at Rs825 million, implicating a trading unit within the Export Processing Zone (EPZ). A formal ca...
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Major Tax Evasion Scheme Uncovered at Port Qasim

U.S. Suspends Aid to Pakistan, Halting Key Projects

28-Jan-2025
The United States has suspended aid to Pakistan, leading to the temporary halt of several major projects across various sectors, including governance, energy, education, and health. This action follow...
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U.S. Suspends Aid to Pakistan, Halting Key Projects

FBR Plan to Purchase 1,100 Vehicles Sparks Debate

28-Jan-2025
The federal cabinet has approved the Federal Board of Revenue’s (FBR) plan to acquire 77 more vehicles, bringing the total number of new cars for Grade 17 and 18 officers to 1,100. The acquisition, wh...
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FBR Plan to Purchase 1,100 Vehicles Sparks Debate

IMF Rejects Pakistan Proposal to Lower Industrial Electricity Rates

28-Jan-2025
The International Monetary Fund (IMF) has rejected Pakistan’s suggestion to lower industrial electricity tariffs by Rs2.70 per unit, citing the necessity for comprehensive reforms in the power sector ...
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IMF Rejects Pakistan Proposal to Lower Industrial Electricity Rates

New CEO of TDAP Appointed, Faiz Ahmad Takes the Helm.

28-Jan-2025
The federal government has named Faiz Ahmad, a senior official from Pakistan Customs Service, as the new Chief Executive Officer (CEO) of the Trade Development Authority of Pakistan (TDAP). Ahmad, a B...
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New CEO of TDAP Appointed, Faiz Ahmad Takes the Helm.

FBR Defends Purchase of New Vehicles Amid Senate Criticism, A Step Toward Enhancing Tax Collection.

27-Jan-2025
The Federal Board of Revenue (FBR) recently faced pushback from the Senate Standing Committee on Finance and Revenue over its decision to purchase new vehicles for its officers. Senator Faisal Vawda c...
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FBR Defends Purchase of New Vehicles Amid Senate Criticism, A Step Toward Enhancing Tax Collection.
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