ISLAMABAD: The federal cabinet on Tuesday approved the Finance Supplementary Bill 2023 allowing increase in general sales tax to 18 per cent and additional taxes on luxury items as part of the reforms related to the International Monetary Fund’s Ninth Review.
ISLAMABAD: The federal cabinet on Tuesday approved the expansion the installation of advance meters project beyond the federal capital in order to overcome the issue of line losses in power sector. The meeting was chaired by Prime Minister Muhammad Shehbaz Sharif and approved, in principle, the expansion of the current installation of advance meters project […]
ISLAMABAD: The federal cabinet chaired by Prime Minister Imran Khan on Tuesday approved the extension in exchanging old Pakistani currency notes. The cabinet approved the extension of the period for the exchange of old Pakistani 10, 50, 100, and 1000 currency notes till 31st December 2022. At the meeting, Special Assistant to the Prime Minister […]
ISLAMABAD: The Federal Cabinet on Tuesday approved the renewal of aviation licenses of four airlines under the National Aviation Policy 2019. Prime Minister Imran Khan chaired the meeting of the federal cabinet in Islamabad. On the recommendation of the Ministry of Aviation, the Cabinet approved the renewal of aviation licenses of M/S SERENE AIR, M/S […]
ISLAMABAD: The federal cabinet in a meeting on Tuesday has approved the abolition of visa fees for Pakistani visas for Afghans coming into Pakistan. Prime Minister Imran Khan chaired the meeting of the federal cabinet. The cabinet approved the inclusion of Afghan businessmen in the list of Pakistan Business Visas for their convenience. It also […]
ISLAMABAD: Prime Minister Imran Khan on Tuesday said that taxpayers’ money should be returned to Pakistan from those whose names were revealed by the Pandora papers. The prime minister has chaired a meeting of the federal cabinet. The cabinet was informed that initially, the Prime Minister’s Inspection Commission will meticulously review the record of all […]
ISLAMABAD: The federal cabinet approved the Tax Laws (Amendment) Ordinance, 2021 in its meeting held on February 09, 2021. According the approved draft of the ordinance, the government is making certain amendments in: Customs Act, 1969; Sales Tax Act, 1990; Federal Excise Act, 2005; and Income Tax Ordinance, 2001. A major relief has been granted […]
ISLAMABAD: The government has started easing burden of indirect taxes to provide relief to the masses. In this regard Prime Minister Imran Khan has issued instructions to relevant ministries for preparing proposals. Meeting of the Federal Cabinet was chaired by Prime Minister Imran Khan at Islamabad on Tuesday. The Prime Minister apprised the meeting that […]
ISLAMABAD: The customs authorities along with other law enforcement agencies have sealed around 192 illegal fuel stations selling smuggled petroleum products, the federal cabinet was informed on Tuesday. Prime Minister Imran Khan chaired the meeting of federal cabinet. The cabinet was briefed about the steps being taken to control smuggling of petroleum products in the […]
ISLAMABAD: The government on Tuesday announced up to 50 percent reduction in electricity tariff on additional usage to promote industries in the country. Prime Minister Imran Khan announced a relief package for industrial sector with 50 percent reduction in rate of commercial electricity on additional usage by Small and Medium Enterprises. The announcement was made […]