Amnesty scheme will not for public office holder: Asad Umar

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. Read more »

ECC approves import of 100,000 tons of urea

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved immediate import of 100,000 tons of urea to facilitate farmers. Read more »

Another tax amnesty scheme amid claims to bring back looted money

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. Read more »

Asad Umar meets IMF mission chief

ISLAMABAD: Finance Minister of Pakistan Asad Umar met the IMF Mission Chief Ernesto Ramirez Rigo in Islamabad, on Tuesday. Read more »

Asad Umar reviews revenue collection, broadening of tax base

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). Read more »

New tax amnesty scheme to be considered: Asad Umar

KARACHI: The government will consider a new tax amnesty scheme after receiving proposals from business community, Finance Minister Asad Umar said on Saturday. Read more »

Non-filers allowed purchase of locally assembled motor vehicles of any engine capacity

ISLAMABAD: The federal government has allowed non-filers of income tax returns to purchase of locally assembled motor vehicles of any engine capacity. Read more »

Steps afoot to rationalize tax regime: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Tuesday said that steps have been taken for rationalization of tax regime to facilitate taxpayers. Read more »

Income tax returns, sales tax procedure to be simplified: Asad Umar

KARACHI: Finance Minister Asad Umar has expressed his resolve to simplify income tax return forms and sales tax procedure to facilitate business community. Read more »

Reform Package 2019: Withholding tax on cash withdrawal for filers abolished; super tax withdrawn; non-filers allowed purchase of motor vehicles

ISLAMABAD: Finance Minister Asad Umar on Wednesday presented economic reform package for promoting investment and exports. Read more »