ISLAMABAD: The Chairman of the Federal Board of Revenue (FBR), Asim Ahmad has said that the taxation structure on cigarettes is still the lowest in the region and does not meet the World Health Organization (WHO) criteria.
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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.
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Bank borrowing by private sector plunges by 77% in Pakistan
Bank borrowing by Private sector in Pakistan has plunged by over 77 per cent during eight and half months of the current fiscal year when compared with the same period of the last fiscal year.
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Pakistani exchange companies demand regulations for cryptocurrencies
Pakistani exchange companies have demanded the government issue regulations for cryptocurrencies, in order to bring in inflows of dollars into the country.
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SBP may increase policy rate by another 200 bps to 22%: Poll
State Bank of Pakistan (SBP) may increase the benchmark policy rate by 200 basis points to 22 per cent in monetary policy statement scheduled on April 04, 2023.
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Petroleum dealers refuse to participate Pakistan fuel subsidy scheme
Pakistan Petroleum Dealers Association Wednesday refused to participate in the government’s proposed subsidized petrol scheme due to practical difficulties in its implementation.
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PKR weakens by 37 paisas against dollar in interbank
On March 29, 2023, Pakistani rupee (PKR) ended with a decline of 37 paisas against the US dollar in interbank foreign exchange market.
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PSX suggests aligning CGT on disposal of securities, immovable properties
Pakistan Stock Exchange (PSX) in its proposals for budget 2023-2024 suggested to align rates of capital gains tax on disposal of listed securities with the rates of CGT on sale of immovable property.
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Pakistan may sharply reduce petroleum prices for April
The present Pakistani government has opportunity to reduced petroleum prices from April 01, 2023 in the wake of falling prices in the international market.
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PM Sharif raises voice against prevailing ‘law of jungle’
On Tuesday, Prime Minister Shehbaz Sharif urged parliamentarians to decide if they wanted to uphold the rule of law or continue with the prevailing ‘law of the jungle’ in the country.
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PKR registers nominal recovery against dollar in interbank
KARACHI: The Pakistani Rupee (PKR) has registered a small recovery of three paisas against the US dollar on Tuesday, ending at PKR 283.55 to the dollar in the interbank foreign exchange market.
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