Pakistan has provided a comprehensive report detailing the increase in petroleum prices over the past year, resulting in inflationary pressure on the general population.
(more…)Category: Top stories
Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
-
FBR Collects Rs2.23 Billion as Capital Value Tax on Foreign Assets
The Federal Board of Revenue (FBR) has successfully collected Rs2.23 billion as Capital Value Tax (CVT) on foreign assets owned by resident individuals.
(more…) -
Pakistan’s foreign exchange reserves dip to $9.938 billion
Pakistan’s foreign exchange reserves for the week ended May 12, 2023, have decreased by $52 million, reaching $9.938 billion, the State Bank of Pakistan (SBP) said on Thursday.
(more…) -
Leading businessmen may meet Imran Khan to defuse political tension
Former Finance Minister Miftah Ismail Thursday revealed that prominent businessmen are set to hold a crucial meeting with Imran Khan, the Chief of the Pakistan Tehreek-e-Insaf (PTI) party.
(more…) -
Pakistan, Iran inaugurate electricity transmission project
Prime Minister Shehbaz Sharif and Iranian President Seyed Ebrahim Raisi on Thursday came together to inaugurate a significant development project, marking a new chapter in the bilateral relations between Pakistan and Iran.
(more…) -
Pakistan fixes petroleum prices until May 31, 2023
The government of Pakistan has announced the fixation of petroleum prices, which will remain applicable until May 31, 2023.
(more…) -
Lamaison Developers Proposes Investment for Completion of Islamabad City Master Plan
Lamaison Developers Pvt Ltd., a real estate investor, has presented an investment proposal to complete the Islamabad City master plan based on the 1960 development plan.
(more…) -
LTO Karachi posts 24% growth in tax collection for July – April 2022-2023
The Large Taxpayers Office (LTO) Karachi has reported a significant increase in tax collection, recording a remarkable 24% growth during the period of July to April 2022-2023 compared to the previous fiscal year.
(more…) -
Pakistan considers expanding CVT to include all movable assets
Pakistan is contemplating an expansion of the scope of the Capital Value Tax (CVT) to encompass all movable assets, sources said on Wednesday May 17, 2023.
(more…) -
OICCI recommends demonetization of Rs5,000 banknote to curb cash dealings
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth a recommendation to the government, urging the demonetization of the Rs5,000 banknote as a measure to curb cash dealings in the country.
(more…)