Economic Survey 2018/2019 to be launched June 10; GDP growth likely at 3.3 percent

ISLAMABAD: The ministry of finance will present Economic Survey for 2018/2019 on June 10 (Monday) under which the GDP growth may be announced to fall 3.3 percent against the target of 6.3... Read more »

Salary income threshold may be revisited after huge tax loss

ISLAMABAD: The government may restore threshold of taxable salary income to June 30, 2018 level in the budget 2019/2020 after facing Rs50 billion revenue loss in the current fiscal year and considering... Read more »

FBR to target large taxpayers for detailed field audit

ISLAMABAD: Federal Board of Revenue (FBR) to conduct tax audits of large taxpayers, who are selected through an automated risk-based tool. Read more »

President summons NA budget session on June 10

ISLAMABAD: President of Pakistan has summoned the budget session of the National Assembly (NA) on June 10, 2019. Read more »

Any duty increase on beverages to result in industry closure: Siraj Teli

KARACHI: Siraj Kassem Teli, director of Pakistan Beverage Limited (Pepso Co. franchisee), while using platform of Karachi Chamber of Commerce and Industry (KCCI) raised voice against governmentโ€™s proposed plan for implementing excise... Read more »