ISLAMABAD: Finance Minister Asad Umar on Wednesday said that if the government introduces any tax amnesty scheme then it will not applicable for public office holders. While talking to media the finance minister attributed to negative revenue collection growth to low performance of Federal Board of Revenue (FBR) and many other factors. He said that […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved immediate import of 100,000 tons of urea to facilitate farmers. The meeting, which was chaired by Finance Minister Asad Umar, was briefed by Industries & Production Division about the availability of urea in the country. In order to facilitate the farmers and meet […]
ISLAMABAD: The tall claims of present ruling party for bringing back looted money into the kitty are fading away as the PTI government is introducing a tax amnesty for looter and plunderers. Finance Minister Asad Umar on Tuesday confirmed that the PTI government is going to announce new tax amnesty for undeclared foreign and domestic […]
ISLAMABAD: Finance Minister of Pakistan Asad Umar met the IMF Mission Chief Ernesto Ramirez Rigo in Islamabad, on Tuesday. The minister and the Mission Chief discussed all issues including fiscal, monetary, structural reforms and energy sector, a statement said. Asad Umar briefed Ramirez Rigo about the steps taken by the government for improving the economy […]
KARACHI: Finance Minister Asad Umar on Monday reviewed the revenue collection progress and ongoing drive of broadening of tax base at a meeting with senior officials of Federal Board of Revenue (FBR).
KARACHI: The government will consider a new tax amnesty scheme after receiving proposals from business community, Finance Minister Asad Umar said on Saturday.
ISLAMABAD: The federal government has allowed non-filers of income tax returns to purchase of locally assembled motor vehicles of any engine capacity.
ISLAMABAD: Finance Minister Asad Umar on Tuesday said that steps have been taken for rationalization of tax regime to facilitate taxpayers.
KARACHI: Finance Minister Asad Umar has expressed his resolve to simplify income tax return forms and sales tax procedure to facilitate business community. He was talking to businessmen and office-bearers of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here at Federation’s Regional Office Lahore. State Minister for Revenue Hammad Azhar and Federal […]
ISLAMABAD: Finance Minister Asad Umar on Wednesday presented economic reform package for promoting investment and exports. Speaking on floor of the house, the finance minister announced major incentives including withdrawal of withholding tax on cash withdrawal for filers of income tax returns; elimination of super tax for non-banking companies and abolishing advance tax on sale […]