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 government’s proposed plan for implementing excise... Read more »