PM lauds authority for procuring track and trace system to curb tax evasion

Raises odds of concluding similar cases that have been pending for years

Slashes subsidies and increases prices at utility stores with immediate effect

Under the 7th NFC, the provinces get 57.5% of the total taxes collected by the Federal Board of Revenue

Pakistan agrees to borrow $6b for ML-I railway project in both Chinese, US currencies

Global lender asks govt to reduce number of income tax slabs

Agreement would pave the way for release of $500 million third loan tranche, says official statement

Finance minister had directed it to clear up to Rs50m income tax refunds in seven days

Gives sweeping income tax concessions to local and overseas Pakistanis through new ordinance

Finance ministry says it has shared more information than required under law