In an unprecedented climatic update, the Pakistan Meteorological Department (PMD) has announced that Pakistan is expected to experience effects of El Niño during May 2024.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan and Saudi Arabia Commit to Enhanced Economic Ties
Pakistan and Saudi Arabia on Saturday pledged to deepen their economic ties and increase Saudi investments in Pakistan.
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PM Shehbaz Sharif Eyes Rs 24 Trillion Tax Revenue Potential
Lahore, May 4, 2024 – Prime Minister Muhammad Shehbaz Sharif on Saturday outlined Pakistan’s potential to substantially boost its tax revenues, stating the country could amass over Rs 24 trillion annually, a stark contrast to the current tax target of Rs 9.4 trillion.
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Controversy Brews Over FBR Plan to Block SIMs of Non-Filers
A contentious proposal by the Federal Board of Revenue (FBR) to block the mobile phone SIMs of tax non-filers has ignited controversy and raised legal challenges after the Pakistan Telecommunication Authority (PTA) rejected the initiative, media reported on Saturday.
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Pakistan to Experience Predominantly Dry Weather on May 5
The Pakistan Meteorological Department (PMD) has announced a predominantly dry weather pattern across most regions of Pakistan for Sunday, May 5, 2024.
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PALSP Calls on Government to Rectify Tax Inequities
The Pakistan Association of Large Steel Producers (PALSP) has formally petitioned Finance Minister Muhammad Aurangzeb, urging an end to what it describes as discriminatory tax practices that adversely affect the steel sector compared to other industries.
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KTC Urges FBR to Reassess Tobacco Taxes Amid Falling Sales
The Khyber Tobacco Company Limited (KTC), a leading national tobacco manufacturer, has reached out to the Federal Board of Revenue (FBR) seeking a review and adjustment of the current tax policies affecting tobacco sales.
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President Zardari Enacts Tax Laws Amendment Bill 2024
President Asif Ali Zardari has given his assent to the Tax Laws Amendment Bill 2024, ushering in a series of adjustments aimed at enhancing the effectiveness and fairness of Pakistan’s tax system.
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Finance Minister Urges FBR to Boost Tax-to-GDP Ratio
In a concerted push to enhance Pakistan’s tax-to-GDP ratio, Finance Minister Muhammad Aurangzeb emphasized the need for innovative strategies during a review meeting at the Federal Board of Revenue (FBR) headquarters on Friday.
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Pakistan Sees Weekly SPI Inflation Decrease by 1 Percent
Islamabad, May 3, 2024 – The Sensitive Price Indicator (SPI) for inflation in Pakistan witnessed a decline of 1 percent for the week ended May 2, 2024, compared to the previous week, providing a temporary respite amidst fluctuating commodity prices.
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