April 23, 2024

Pkrevenue.com

Pakistan Revenue

Category: Finance

FBR constitutes anomaly committees for Finance Bill 2022
Jun 14
Finance

FBR constitutes anomaly committees for Finance Bill 2022

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday constituted committees to remove anomalies in the Finance Bill, 2022. The FBR formed two separate committees i.e. technical and business to take input from stakeholders. READ MORE: FBR to disable mobile SIMs on non-filing of tax returns Term of Reference (TOR) is to: review the anomalies […]

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Khyber Pakhtunkhwa raises salary, pension by 15%
Jun 14
Budget 2022-2023, Finance

Khyber Pakhtunkhwa raises salary, pension by 15%

PESHAWAR: Khyber Pakhtunkhwa on Monday announced 15 per cent increase in salary of provincial government employees and 15 per cent increase in pension as well. Finance Minister Taimur Salim Jhagra announced the increase in salary and pension of provincial employees while presenting the provincial budget 2022-2023. READ MORE: Khyber Pakhtunkhwa presents Rs1.33 trillion budget 2022-2023 […]

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Khyber Pakhtunkhwa presents Rs1.33 trillion budget 2022-2023
Jun 13
Budget 2022-2023, Finance, Top stories

Khyber Pakhtunkhwa presents Rs1.33 trillion budget 2022-2023

PESHAWAR: Khyber Pakthunkhwa government on Monday presented Rs1.332 trillion budget for fiscal year 2022-2023. The budget included an allocation of Rs1.11 trillion for settled districts and Rs223.1 billion for merged tribal districts. Presenting its fourth budget at Khyber Pakthunkhwa Assembly floor, Finance Minister Taimur Salim Jhagra said that the volume of the current budget is […]

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Government employees get 15% salary increase
Jun 11
Budget 2022-2023, Finance

Government employees get 15% salary increase

ISLAMABAD: The government on Friday announced a 15 per cent increase in employees of the federal government. Finance Minister Miftah Ismail while presenting budget 2022/2023 announced increase in salary of government employees by 15 per cent. READ MORE: Share of domestic electricity consumption declines The finance minister said that despite the fact that country is […]

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Pakistan allocates Rs800 billion for FY23 PSDP
Jun 11
Budget 2022-2023, Finance

Pakistan allocates Rs800 billion for FY23 PSDP

ISLAMABAD: Pakistan on Friday allocated Rs800 billion for the Public Sector Development Program (PSDP) for fiscal year 2022/2023. The country presented the federal budget 2022/2023, which envisages PSDP worth 800 billion rupees for the next fiscal year. It has been centered on improvement in sectors such as water resources, transport and communication, energy, higher education, […]

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Tax exemptions cost Rs1.76 trillion in FY22
Jun 10
Finance, Taxation

Tax exemptions cost Rs1.76 trillion in FY22

ISLAMABAD: The cost of tax exemptions has been estimated at Rs1.76 trillion during the fiscal year 2021/2022 as compared with Rs1.31 trillion in the preceding fiscal year, according to Economic Survey of Pakistan released on Thursday. The cost of exemptions and concessions under sales tax has increased to Rs1.014 trillion during fiscal year 2021/2022 as […]

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