Pakistan Revenue
Federal Minister for Finance Senator Muhammad Aurangzeb disclosed to the National Assembly on Thursday that there are no plans for new legislation to extend tax and duty exemptions for the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) regions.
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Lan Fo’an, the Finance Minister of China, has reaffirmed his country’s unwavering support for Pakistan’s efforts to enhance financial stability. This statement came during discussions with Pakistan’s Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, in Beijing on Thursday.
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In a bid to alleviate the economic burden on its citizens amidst the backdrop of declining global fuel prices, Pakistan has announced a significant reduction in the price of petrol by Rs 15.39 per liter.
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The Pakistan Meteorological Department (PMD) has issued an alert regarding rising temperatures across the country on Thursday, May 16, 2024, with hot and dry weather expected in most regions, particularly in central and southern areas.
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Islamabad, May 14, 2024: The Federal Cabinet, under the leadership of Prime Minister Muhammad Shehbaz Sharif, has given its seal of approval to the Appellate Tribunals Inland Revenue (ATIR) (Conditions of Service) Rules 2024.
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Islamabad, May 14, 2024 – The Central Directorate of National Savings (CDNS) has implemented adjustments to the interest rates on several significant savings schemes, with some witnessing reductions while others experience increases.
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The Islamabad High Court has delivered a significant blow to the federal government by staying the blocking of mobile phone SIMs belonging to non-filers of tax returns.
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Citizens of Pakistan may soon enjoy a significant reduction in petroleum prices, with announcements expected to bring relief starting May 16th, 2024.
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As Pakistan’s National Assembly continues its proceedings, plans for the upcoming budget session for the fiscal year 2024-25 are taking shape, with discussions slated to begin on June 6th, 2024.
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In a bid to bolster tax compliance and enforcement measures, telecom operators in Pakistan have initiated the daily blocking of SIM cards belonging to non-filers of income tax returns.
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