PkRevenue.com – Pakistan has achieved a historic milestone by recording all-time high monthly remittances of $3.24 billion in May 2024, according to official data released on Friday by the State Bank of Pakistan (SBP).
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Pakistan and China Resolve to Protect CPEC from Detractors
Pakistan and China on Friday reaffirmed their steadfast commitment to safeguarding the China-Pakistan Economic Corridor (CPEC) from its detractors and adversaries.
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Pakistan Set to Bring Gold and Jewelry into Formal Economy
PkRevenue.com – In a significant move towards economic documentation, Pakistan has decided to integrate its gold and jewelry sector into the formal economy.
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What Tax Measures Are on the Cards in Pakistan 2024-25 Budget?
PkRevenue.com – Pakistan is gearing up to announce its budget for the fiscal year 2024-25 next week, but the tax measures remain unresolved. These decisions are critical for generating additional tax revenue to support the country’s economic framework.
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Pakistan’s Nightmare: USA Triumph in Biggest-Ever Upset
In a jaw-dropping turn of events at the World Cup T20 on Thursday, the USA cricket team achieved a monumental victory over Pakistan, marking the biggest upset in the history of the sport.
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PM Shehbaz Shares Reform Agenda with China EXIM Bank
BEIJING, China – On Thursday, Prime Minister Muhammad Shehbaz Sharif met with Dr. Wu Fulin, Chairman of the China Export-Import Bank (EXIM), to discuss Pakistan’s reform agenda and ongoing cooperation under the China-Pakistan Economic Corridor (CPEC).
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Pakistan Stock Braces for Potential Tax Hike in 2024-25 Budget
PkRevenue.com – Pakistan stock market is jittery over rumors of an increase in capital gains tax (CGT) and dividend tax in the upcoming budget.
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FBR Proposes Reduction of Sales Tax Exemptions in Budget
PkRevenue.com – In a significant development ahead of the federal budget for 2024-25, Tax Managers from the Federal Board of Revenue (FBR) have put forward a recommendation to curtail sales tax exemptions.
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Government Reassures Public, Net Metering Policy Here to Stay
PkRevenue.com – Pakistan’s Ministry of Finance has squashed rumors of changes to the net metering policy, a program that incentivizes renewable energy use. Minister of State Ali Pervaiz Malik issued a press statement on Wednesday firmly denying any revisions or restrictions on net metering.
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PM Shehbaz Guarantees Chinese Investors of Facilities, Security
PkRevenue.com — Prime Minister Shehbaz Sharif on Wednesday assured Chinese investors of comprehensive facilitation and robust security for their projects and investments in Pakistan.
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