Taxes
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Excise dept set to launch new mobile application
Users will receive instant verifications for vehicles
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Operation against defaulters
Punjab Secretary Excise and Taxation Kundi ordered to speed up operations against defaulters for recovery of Rs1. 25bn
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Infrastructure tax should go to Centre: DG Customs
Voices hope Pakistan, being logistics hub, will bring prosperity in South Asia
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Action to be taken against vehicle tax defaulters
Vehicles with unpaid taxes to be seized on the spot during checking, returned only after payment of taxes and penalty
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Excise department works out new trap to catch defaulters
Proposes amendments in existing Property Tax Act which are currently being reviewed by the cabinet committee
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Prime minister exempts Naya Pakistan Housing Scheme from taxes
Gives directives for gathering information about unused public land
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Govt to end 5% sales tax on cottonseed
Decision taken to increase production of edible oil in country
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Sindh government to bring ride-hailing services into tax net
No ban on online Hiace-van service providers, says minister
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Traders call for shutter-down strike across Pakistan against PTI's govt economic policies
Argue they would be willing to pay taxes if due facilities were provided
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ADB, Pakistan sign $200 million loan agreement
Financing will lend support to BISP, institutional strengthening measures
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Trade deficit narrows 35% to 5.7 billion in Q1
Imports decline but exports could not pick up pace
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PTI govt mulls incentives to revive construction sector
90% cut in tax liabilities on builders’ income earned from low-cost housing schemes planned
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Policy to compress imports drives down deficits
Efforts are needed to increase exports to sustain reduction in deficit in the long run
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SMEs, can cure economic ills
Country can set up SME, agri-zones in collaboration with China, Germany
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Policymakers fail to interact with citizens
Most politicians and bureaucrats do whatever they have already decided
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Lack of innovation leaves Pakistan uncompetitive globally
Innovation should be promoted to upgrade Pakistani products in global value chain
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Economic woes mount as debt, deficit stay high
Govt shows little interest in taking critical steps to prevent worsening of situation
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Restructuring Plan: Puerto Rico to reduce debt by 65%
The territory has been in dire financial straits under an ongoing economic crisis
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IPO turns harsh on unprofitable firms on US stock
Surprise postponement of WeWork IPO underscores how confidence is eroding
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President Alvi urges production of solar panels
President says country needs to make optimum use of the resource
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Weekly review: Muted activity drags index 40 points down
Gloomy economic outlook and uncertainty keeps investors on sidelines
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Spillover effect: world economies’ next big headache
Moody’s cites US-China trade war as a risk for Asian economies
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In swipe at Trump: Tariffs can plunge world into recession: China
Says Beijing is committed to resolving disputes in a rational manner
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Trump considers delisting Chinese firms from US markets
Major US stock indexes slipped following news
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Business forum concerned over declining FDI
Official says govt has failed to attract investment despite improvements
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Federal govt urged to reduce reliance on fossil fuels
Businessmen demand focus on renewable energy to boost industry and trade
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Contrasting outlook: Economists upbeat on growth prospects
Anticipate better GDP rate than global agencies for the current fiscal year 2019-20
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Brexit Uncertainty: UK rate cut ‘plausible’
BoE policymakers to vote for higher interest rates in 2017 and 2018
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‘Further taxes will be detrimental to economy’
Official urges govt to refrain from anti-business and anti-industry moves
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Govt postpones meeting to discuss tax exemptions
It was supposed to discuss remissions for international organisations
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SHC restricts Sindh govt from collecting certain taxes
A two-member bench comprising Justice Muhammad Iqbal Kalhoro and Justice Shamsuddin Abbasi hear the bail plea
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Heavy taxes cut cell phone sales
Traders say govt should revisit new levies on handsets
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Inflation control: PM wants crackdown on profiteers
Calls interprovincial meeting to review taxes, policies, price control apparatus
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Levies on mobile phone cards slashed
Rs11.11 will now be deducted after activating a Rs100 top-up mobile card
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Rally staged against price hike, taxes
Agriculture workers rally against new taxes
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Realtors reject new taxes imposed in budget
The representatives of real estate agents have rejected the taxes imposed by the government
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Traders warn of protests unless new taxes are withdrawn
Anjuman Markazi Tajiran chief says professional tax on shopkeepers was unjust
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Supplementary budget: Sindh approves additional funds for CM House, other departments
The grants were approved with majority votes despite the opposition’s reservations
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Govt announces major taxation concessions
Slaps federal excise duty on all imported cars including ones used by middle income groups
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Artistes told to declare assets or face music
FBR advises showbiz personalities to benefit from amnesty scheme
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K-P increases tax on people earning over Rs20,000
Also imposes tax on educational institutions, hospitals and fitness centres
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Power tariff hike
There is a dire need to eliminate the problems of tax evasion and tax avoidance
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PTI govt slaps Rs516b ‘unprecedented’ taxes
Proposes harsh, inflationary taxation measures to qualify for IMF programme
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FBR seeks details of expenditures, taxes from HESCO
The company was earlier given the deadline of May 22 to submit required details and documents
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G20 agrees to push ahead with digital tax
Tech giants face criticism for cutting their tax bills by booking profits in low-tax countries
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Industry opposes more taxes on beverages
BMG chief believes it will lead to industry’s closure, cause unemployment
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Big bank account becomes labourer’s nightmare
Victim told to pay taxes after fake transactions worth millions surfaced
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Tech start-ups can transform Pakistan’s economy
Unless we remove hurdles and offer incentives, corporate success will not translate into Pakistan’s success
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GDP growth to remain in 2.4-2.7% range for FY19
Fiscal deficit of 6% is indispensable for Pakistan’s economy
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SMEs, tax and rewiring obsolete mindsets
The PTI government has been fire-fighting since coming to power