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Daily Archives: January 3, 2022

Here’s How Much PM Imran Khan Paid in Taxes in 2019

Prime Minister Imran Khan has paid Rs. 9.85 million in taxes, according to official numbers. Opposition leader Shahbaz Sharif paid Rs. 8.2 million in taxes. Asif Ali Zardari paid Rs. 2.2 million, while Bilawal Bhutto Zardari paid just Rs. 0.535 million…

PSX Listed Companies Paid Highest Dividends in 2021

The listed companies at the Pakistan Stock Exchange (PSX) paid the highest ever dividends of Rs. 499.84 billion in the calendar year 2021 (CY21), a staggering 87 percent higher than the CY20 figure of Rs. 267.608 billion.Finance Ministry spokesperson, …

FBR Launches Parliamentarians’ Tax Directory for 2019

The Federal Board of Revenue (FBR) launched the Parliamentarians’ Tax Directory for Tax Year 2019 in a special ceremony organized at FBR Headquarters on Monday.Federal Minister for Finance and Revenue, Shaukat Fayaz Ahmed Tarin, who was the chief guest…

K-Electric Tariffs Expected to Rise by Rs. 4.8 Per Unit

The cost of quarterly adjustments for Karachi is expected to be as high as Rs. 4.80 per unit.National Electric Power Regulatory Authority (NEPRA) reserved its decision after hearing K-Electric’s request for an increase in the per-unit price of electric…

Gas Shortfall Causes $250 Million Loss for Textile Sector in December Alone

Pakistan’s natural gas shortfall is wreaking havoc on the country’s export industry, and has stripped off $250 million worth of textile exports in December alone, reported by Bloomberg.According to Bloomberg’s calculations, the amount of $250 million w…

FBR Orders Officers to Deposit Gifts Received During Official Visits to Other Countries

The Federal Board of Revenue has bound the officers to declare and deposit the gifts received during official visits to foreign countries.According to the FBR that in its monthly meeting held at FBR (HQs), Board-in-Council (BIC) discussed various agend…

Ministry of Finance Reveals Progress on IMF Loan Program

The Ministry of Finance has issued an official clarification in response to a news article published in daily Dawn, titled “Govt in no hurry to pass mini-budget before IMF meeting.”In a short statement, the Finance Ministry remarked that the article is…