Karachi, January 5, 2024 – Pakistan Central Government’s debt situation has been revealed in the latest figures, indicating a total debt of Rs 63.4 trillion as of November 2023.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
FBR Unveils 2024 Tax Rates on Rental Income
Karachi, January 5, 2024 – The Federal Board of Revenue (FBR) has released the much-anticipated tax rates on rental income for the tax year 2024, outlining a progressive structure aimed at ensuring a fair and equitable taxation system.
(more…) -
SBP Witnesses $1.26 Billion Fortnight Surge in Forex Reserves
Karachi, January 4, 2024 – The State Bank of Pakistan (SBP) has reported a remarkable surge in foreign exchange reserves, with an increase of $1.26 billion in just 15 days.
(more…) -
FBR Sets Strict Deadline for Customs Duty Refund Claims
Karachi, January 4, 2024 – The Federal Board of Revenue (FBR) has taken a decisive step by announcing that it will reject refund claims of customs duty if filed after one year.
(more…) -
Tax Rates on Prize Bond Winnings for 2024
Karachi, January 3, 2024 – As the New Year unfolds, the Federal Board of Revenue (FBR) in Pakistan has provided clarity on the tax rates applicable to prize bond winnings for the year 2024.
(more…) -
Pakistan Witnesses Soaring Petroleum Prices, Up by 24% in 2023
Karachi, January 2, 2024 – Pakistan has experienced a staggering surge in petroleum prices, with an overall increase of up to 24 percent throughout the year 2023.
(more…) -
IMF Includes Pakistan in Executive Board Agenda on Jan 11
Karachi, January 2, 2024 – The International Monetary Fund (IMF) has scheduled Pakistan on its Executive Board agenda for January 11, 2024, as indicated on its updated website.
(more…) -
Pakistan Witnesses 15% Plunge in Petroleum Sales in 1HFY24
Karachi, January 2, 2024 – Pakistan has reported a significant 15% decline in petroleum sales during the first half (July – December) of the fiscal year 2023-24.
(more…) -
Salary Tax Rates in Pakistan Unveiled for 2024
Karachi, January 2, 2024 – Pakistan has released the salary tax rates for the tax year 2024, outlining a progressive taxation structure.
(more…) -
Pakistan’s Import Bill Plunges by 16.28% in 1HFY24
Islamabad, January 2, 2024 – Pakistan’s import bill has witnessed a substantial decline of 16.28 percent during the first half (July – December) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday.
(more…)