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IMF agrees to flood tax
A flood tax to raise revenue for reconstruction and rehabilitation of flood-hit areas has been endorsed by the IMF.
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Khar for economic competitiveness
CSF chairperson Hina Rabbani Khar highlighted the need to focus on building economic competitiveness.
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FBR warns bankers on online transfers
FBR has informed the PBA that the online transfer of funds cannot be termed “cash deposited into bank account.”
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Sugar reduced GST rate results in losses of billions
More than Rs2.5 billion in revenue is being lost on a monthly basis by the FBR because of decreased GST collection.
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Govt to appeal for greater access to US markets
Allowing greater access to American markets for Pakistani products will now be promoted globally by the government.
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World Bank team to arrive in September
(WB) delegation, headed by Carlos Silvani, is expected to arrive in Pakistan on September 14.
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Auditor general not to contact taxpayers directly
The auditor general of Pakistan has been stopped from contacting taxpayers directly by the FBR.
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Price ceiling for LPG
The decision was taken to ensure the protection of consumers and dissuade the formation of cartels.
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IMF agrees to release installment
IMF has agreed to release the next instalment of $1.2 billion of the Standby Arrangement Programme.
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Provinces yet to receive share
The distribution of funds owed to provinces according to the National Finance Commission Award has been halted.