Islamabad: Finance Minister Mohammad Ishaq Dar announced on Monday his strong determination to transform Pakistan into a fully interest-free financial system within the next five years.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Set to Announce Petroleum Prices for First Half of July 2023
Islamabad, June 27, 2023: The Pakistani government is gearing up to announce the petroleum prices for the first half of July 2023 on June 30.
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Assembly Approves 35% Salary Increase for Government Employees
Islamabad, June 25, 2023: Pakistan’s legislative assembly has given its approval for a significant increase of 35 percent in the salary of government employees for the fiscal year 2023-24.
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Happy Hours Continue as Pakistan Keeps Petroleum Prices Unchanged till June 30
In a move that brings joy to the citizens of Pakistan, the government has announced that petroleum prices will remain unchanged until June 30, 2023, extending the period of Happy Hours.
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National Assembly Approves Budget 2023-24 with New Recommendations of Heavy Taxes
Islamabad, June 25, 2023: The National Assembly of Pakistan has given its approval to the budget for 2023-24, incorporating new recommendations for imposing significant taxes.
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Pakistan Announces Pension Reforms; Abolishes Multiple Pensions
ISLAMABAD: In an effort to address the growing strain on the national budget caused by pension obligations, Finance Minister of Pakistan Ishaq Dar Saturday announced a series of pension reforms, including the establishment of a Pension Fund and the abolishment of multiple pensions for officers of grade 17 and above.
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FBR Given 31% Higher Tax Collection Target for FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has been tasked with a 31 percent higher tax collection target for the fiscal year 2023-24, surpassing the target set for the outgoing fiscal year.
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Pakistan imposes additional tax burden of Rs215 billion to secure IMF loan program
ISLAMABAD: In order to overcome the impasse in securing a loan program from the International Monetary Fund (IMF), Pakistan has imposed an additional tax burden of Rs215 billion on its citizens.
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FBR Offices to Observe Normal Working Hours During Eid Holidays
Islamabad, June 24, 2023: The Federal Board of Revenue (FBR) in Pakistan has announced that the field offices of Inland Revenue will maintain normal working hours during the upcoming Eid holidays.
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Pakistan Unveils Latest Petroleum Prices Effective From June 23, 2023
Pakistan has recently announced its latest petroleum prices, effective from June 23, 2023. These prices will remain in effect until June 30, 2023, unless revised earlier.
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