Category: Affairs

The taxation policies toward the tobacco industry in Pakistan need to be based on real evidence, covering facts and figures about the share of illicit and smuggled products in the Pakistani market.This was the crux of a discussion by trade experts duri…

President has promulgated Tax Laws (Third Amendment) Ordinance 2021 to legally bound the National Database and Registration Authority (NADRA) to share Pakistani citizens’ data with the Federal Board of Revenue (FBR) for broadening of the tax base.The g…

Federal Minister for Planning and Development Asad Umar has dispelled the impression that the pace of work on the CPEC [China-Pakistan Economic Corridor] projects has been slowed down, reaffirming that major work of the projects has been completed by t…

The President of Pakistan, Dr. Arif Alvi has urged businessmen and industrialists to work on the financial inclusion and empowerment of women and persons with disabilities by employing them in their organizations.He expressed his views on the matter wi…

A meeting of the Senate Standing Committee on Planning, Development, and Special Initiatives was held under the Chairmanship of Senator Saleem Mandviwallah at the Parliament House on Thursday.The Minister for Planning, Development & Special Ini…

The Pakistani rupee (PKR) appreciated against the US dollar (USD) on Thursday, recovering from September 15’s record low and gaining 94 paisas in the inter-bank market to close at Rs. 168.18.The rupee slid, on Wednesday, to Rs. 169.70 against the USD b…

The National Tax Council (NTC) has formulated a tax collection framework for toll manufacturing and transportation business in the country, as it has decided that the collection of sales tax on toll manufacturing will rest with the federation, while th…

Federal Minister for Finance and Revenue Mr. Shaukat Tarin held a virtual meeting with Armida Salsiah Alisjahbana, Executive Secretary of the United Nations Economic and Social Commission for Asia and Pacific (UNESCAP), at the Finance Division on Thurs…