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Meta reports strong global ad sales while managing AI costs
Facebook and Instagram parent says it anticipates third-quarter revenue in range of $38.5 billion to $41 billion
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Egypt's tourism revenue reaches $6.6 billion in H1
Egypt's Ministry of Tourism says tourist arrivals during first half of 2024 reached record high of 7.069 million
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Budget 2024-25: Will salaries, pensions increase and by how much?
According to sources, a 10 to 15% raise in salaries and a 10% increase in pensions are expected
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Local experts defy IMF’s tax plan
Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions
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Local experts challenge IMF’s tax plan with innovative reforms
Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions
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Cigarette taxes cause heavy revenue loss
Study advocates effective tax policy to curb evasion, provide level playing field
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Biting the hand that feeds you
If rich are taxed too much, they will flee for favourable pastures and not pay any taxes
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PR revenue soars after reforms, Senate told
State-owned entity has earned Rs40.1 billion in the first half of fiscal year 2023-24
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Policy-level talks to begin from tomorrow for new IMF loan
Talks to undertake revenue and budget targets for FY24-25 and other matters
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Govt to take domestic debt to Rs5.33tr
Experts warn of unsustainability amid mounting debt crisis, shrinking revenue
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Debt-cum-disaster
Country’s debt has soared by around Rs12 billion to post a composite figure of Rs81 trillion in this fiscal year
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IMF urges Rs163b spending cut amid revenue shortfall
Says it will not compromise on primary budget surplus of 0.4% of GDP or Rs401b
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Pakistan’s largest cable maker plans to launch one of country’s biggest share listings
Fast Cables eyes tripling revenue by 2030
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PM suspends taxman for negligence in court case
Prime Minister’s Office says Shehbaz takes notice of wilful delay
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CM asks excise dept achieve revenue target
Asks senior minister to explore new tax avenues for inclusion in upcoming budget
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Railways’ revenue hits historic high
PR amasses Rs66b in nine months of this fiscal
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Punjab revenue collection up 26%
Tax authority on track to achieve Rs240b annual target
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Railways’ revenue rises to Rs55b in 8 months
Earnings grow 49% despite financial crisis due to flood damage
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Railways’ revenue accelerates 46% in six months
Corporation earns Rs41b, confident of meeting full-year target of Rs80b
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Action plan in place for FBR restructuring
Customs will be separated from revenue collection role; notification expected next week
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Tax on banks’ windfall profits less likely
Banks earned extraordinary profits of Rs110b in 2021 and 2022
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Summary for increase in Metro Bus service fare rejected
CM calls for exploring alternative approaches to generate revenue
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RCB sets Rs1.2b revenue target for FY 2023-24
Recovery of Rs90m in excess of revenue target of Rs1b set for the fiscal year of 2022-23, RCB
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Revenue offices reopen after talks with lawyers
Lockdown had been imposed over relocation away from courts
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Roadmap sought to boost revenue
Shamshad Akhtar dissatisfied with tax-to-GDP ratio, calls for raising it to 13%
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K-P surpasses revenue collection target
Authority registers 31% growth in tax collection
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Govt plans global market access to handicrafts
Items have huge potential to generate foreign exchange for the country
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PIA to achieve Rs170b revenue target: Rafique
Two 777 aircraft to be added to airline’s fleet after rehabilitation by January
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Commissioner orders full recovery of dues
Says revenue officers cannot make any concessions in achieving the target
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Meta posts first-ever revenue drop as inflation throttles ad sales
Meta issued a gloomy forecast after recording its first-ever quarterly drop in revenue on Wednesday
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Microsoft soothes market fears with forecast for strong revenue growth
Microsoft forecast revenue this fiscal year would grow by double digits, sending shares up by 5%
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Social media revenue growth expected to slow as TikTok, Apple compete
Wall Street is bracing for the slowest global revenue growth in the history of the social media sector
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Wahab tells KMC to achieve revenue target
KMC meeting on revenue, budget chaired by Karachi Administrator
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BlackBerry revenue beats estimates over sustained cybersecurity demand
BlackBerry beat Wall Street estimates for third-quarter revenue, as demand for cybersecurity remains sustained.
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Govt plans to create Balochistan Bank
Provincial govt aims to digitalise land revenue system
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FBR briefs Tarin on revenue plans
Says configuration of 500,000 POS, Rs100b additional collection cannot be done
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PTI govt proposes Rs383b revenue measures
Sets Rs5.829 trillion tax collection target for Federal Board of Revenue
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Govt aims to generate Rs242b revenue
Pakistan shares blueprint with IMF on achieving Rs5.829tr tax target
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Indirect taxes drive FBR revenues
Revenue board collects Rs3.78tr in 10 months due to increased reliance on sales tax
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‘KMC needs to find ways to enhance revenue’
Measures should be adopted to bring financial stability in KMC says Karachi administrator
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SRB tasked with boosting KMC revenue
CM directs local body to digitise its property data
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FBR’s track and trace system to add hundreds of billions in revenue: PM Imran
New IT-enabled system to go online in July, says premier
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Committee set up to explore means of revenue generation for KMC
Committee set up to explore means of revenue generation for KMC
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CDA generates over Rs32m in January
Amount was collected through completion certificates of commercial and residential buildings, building plans
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PAC panel directs FBR to extend tax returns date
Asks FPSC to fill revenue boards 750 vacant posts at the earliest
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Several tax collectors have yet to file returns
At least 425,000 taxpayers have sought extension in filing the returns
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Govt receives only 1.67m tax returns
Despite 43% drop in filers, govt has not granted further extension in deadline
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Case of persistently missed revenue target
Businesses evading taxes should come under immediate FBR radar for tax collection
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Three companies booked for ‘misdeclaration’
They committed a theft of Rs36.12 million, say Customs sources
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PHA to look for new avenues for revenue
Reintroduces entry, parking fees in parks