Pakistan Revenue
Islamabad, October 3, 2024 – The Government of Pakistan has officially announced the amount of diyat (compensation) for the fiscal year 2024-25, setting it at Rs 8.10 million. This figure, equivalent to the value of 30,630 grams of silver, was confirmed by the Ministry of Finance through a circular issued on October 2, 2024.
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Islamabad, October 3, 2024 – The Economic Coordination Committee (ECC) of the federal cabinet has approved a supplementary grant of Rs 45 billion for various defence services projects.
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Islamabad, October 3, 2024 – Pakistan and Malaysia reaffirmed their commitment to further bolster bilateral cooperation in key sectors including trade, economy, banking, food technology, and agriculture. This pledge was made during a high-profile meeting between President Asif Ali Zardari and the visiting Malaysian Prime Minister Dato’ Seri Anwar Ibrahim at Aiwan-e-Sadr. The meeting, attended […]
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Islamabad, October 3, 2024 – In a significant move to enhance Pakistan’s tax collection framework and facilitate economic growth, World Bank (WB) Country Director Najy Benhassine met with Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial on Thursday to discuss the FBR’s Transformation Plan. The meeting focused on strategies to maximize revenue growth and […]
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Islamabad, October 3, 2024 — The Pakistan Meteorological Department (PMD) has forecasted thunderstorms in parts of Khyber Pakhtunkhwa (KP) for Friday, October 4, 2024. According to the PMD’s weather bulletin, rain accompanied by wind and thunder is expected in isolated areas of upper Khyber Pakhtunkhwa and Gilgit-Baltistan, particularly during the evening and night hours.
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Islamabad, October 2, 2024 – The Federal Board of Revenue (FBR) on Wednesday unveiled a series of re-designations and mergers within its organizational structure as part of an ongoing transformation and restructuring initiative. The changes, which are effective immediately, aim to streamline operations and enhance efficiency across various departments of the FBR.
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Islamabad, October 2, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather advisory indicating that Sindh province is likely to experience dust-raising winds on Thursday, October 3, 2024. This warning highlights potential weather disturbances that could affect daily life and activities across the region.
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Oil prices surged nearly 5% on Tuesday in response to escalating geopolitical tensions after Iran launched a barrage of missiles toward Israel. This action has sent shockwaves through the energy market, intensifying concerns over the stability of oil supplies from the Middle East.
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Islamabad, October 1, 2024 – In a significant move to alleviate challenges faced by taxpayers, the Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah on Tuesday launched a dedicated taxpayer facilitation desk at the FTO headquarters in collaboration with the Federal Board of Revenue (FBR).
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Islamabad, October 1, 2024 – Prime Minister Muhammad Shehbaz Sharif on Tuesday expressed satisfaction over the sharp decline in inflation, which has now fallen to its lowest level in the past 44 months. The inflation rate, recorded at 6.9 percent year-on-year in September 2024, marks a significant milestone in the government’s efforts to ease the […]
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