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.
Pakistan and Saudi Arabia on Saturday pledged to deepen their economic ties and increase Saudi investments in Pakistan.
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.
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.
The Pakistan Meteorological Department (PMD) has announced a predominantly dry weather pattern across most regions of Pakistan for Sunday, May 5, 2024.
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.
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.
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.
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.
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.
Karachi, May 3, 2024 – The Pakistan Meteorological Department (PMD) has forecasted predominantly dry and hot weather conditions for most parts of Pakistan this coming Saturday, May 4, 2024.