Proposals for establishment of Pakistan Revenue Authority to be finalized by June 2020

ISLAMABAD: The ministry of finance has been directed to finalize proposals for establishment of Pakistan Revenue Authority (PRA) by June 30, 2020. Read more »

Provinces collect Rs7.03 billion as property tax

ISLAMABAD: The province have collected Rs7.03 billion as property tax during fiscal year 2018/2019 as compared with Rs5.55 billion in the preceding fiscal year, showing growth of 26.57 percent, according to details... Read more »

Sindh receives Rs441.8 billion in nine months: finance ministry

ISLAMABAD: The ministry of finance on Monday said that Sindh has received Rs441.8 billion during the first nine months of current fiscal year. Read more »

Official website still showing Asad Umar as finance minister

KARACHI: The official website of ministry of finance http://finance.gov.pk/ is still showing Asad Umar as Finance Minister despite the assumption of charge by Dr. Abdul Hafeez Shaikh as adviser to prime minister... Read more »

List of top 50 taxpayers in categories of individual, AOPs and companies

ISLAMABAD: The ministry of finance has issued list of top 50 taxpayers in categories of individuals, Association of Persons (AOPs) and companies. Read more »

Reform plan launched for improving financial health of three major PSEs

ISLAMABAD: The government has launched a reform plan for improving financial health of three major Public Sector Enterprises (PSEs) including Pakistan Steel Mills, Pakistan Railways and Pakistan International Airlines, according to Fiscal... Read more »

Exchange rate losses increase public debt by Rs1,200 billion

ISLAMABAD: Exchange rate losses have increased the public debt by around Rs1,200 billion, according to Fiscal Policy Statement 2018-2019 released by the Ministry of Finance. Read more »

Sindh government gets share as per NFC formula: finance ministry

ISLAMABAD: The finance ministry on Thursday said that transfers to Sindh government have been made as per NFC formula. Read more »