ISLAMABAD: Pakistan Railways has generated an additional revenue of Rs1 billion in the first 50 days of the present government due to the concentrated efforts by Minister for Railways Sheikh Rashid Ahmad,…
BEIJING: President Xi Jinping met President Mamnoon Hussain in Qingdao on Saturday and congratulated him for Pakistan’s first official membership in the Shanghai Cooperation Organization (SCO) summit. The meeting took pace on…
ISLAMABAD: Minister of State for Finance, Revenue and Economic Affairs Rana Muhammad Afzal Wednesday said the Pakistan Muslim League – Nawaz (PML-N) will win the up-coming general election on the basis of its…
Money starved civic agency has long been selling plots to cover its expenses including salaries and maintenance work ISLAMABAD: ‘Today’s Investment Tomorrow’s Prosperity’ reads the pamphlet issued by the Capital Development Authority…
RAWALPINDI: Excise and taxation department Rawalpindi has collected over Rs2.4 billion revenue including property, motor, professional taxes, excise fee and entertainment duties in four districts of the division during the past six months, while…
KARACHI: The Sindh government has been deprived of Rs960 million as Sindh revenue commissioner gave a decision of Rs960 million default case in favour of WAPDA instead of the government. The provincial…
KARACHI: Karachi Mayor Waseem Akhtar on Wednesday said municipal utility charges and tax are an important revenue source of KMC and all-out efforts should be made to make the concerned department and…
LAHORE: Lahore’s Aziz Bhatti zone has been deprived of electricity for the past 1.5 month. Offices have been shut down and staff workers have not been productive as well. Despite adding millions in…
KARACHI: Sindh Excise, Taxation and Narcotics Control Minister Mukesh Kumar Chawla, on Thursday, said that the Excise and Taxation Department has collected Rs 31,453 million in past seven months in various heads from July…
NAB arrested five accused namely Ali Dino Gahoti EDO (Revenue), Aslam Lund, DO, (Revenue), District Ghotki Gulshair Ahmad Solangi DDO (Revenue), along with Kashif Ayaz Rana and Asif Ayaz Rana, beneficiaries and…
The Senate Standing Committee on Finance, Revenue and Statistics recommended to the Federal Board of Revenue (FBR) on Wednesday to waive off General Sales Tax (GST) on all household electricity bills. Terming…
A senior official of the Customs Department has assured the IT industry that the formal/documented imports of the computer vendors and the IT industry will be facilitated through speedy clearance of imported…
As many as six reports of standing committees of Finance, Revenue, Economic Affairs, Water and Power, and States and Frontier Regions were presented in the Senate on Monday. The reports were presented…
Pakistan can double its tax revenues by concerted efforts to broaden tax bases, strengthening tax compliance, eliminating distortionary tax expenditures, and rationalizing the tax system in an efficient and equitable manner, says…
National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatisation on Wednesday discussed the proceeding of “The Banks (Nationalization) (Amendment) Bill, 2015 (Government Bill)” and directed the authorities concerned to…
Finance Minister Mohammad Ishaq Dar said on Tuesday that Tax and energy reforms are a must for economic stability of the country. In an interview, he said that enhanced tax collection was…
The business community appreciated Federal Board of Revenue (FBR) Board-in-Council for appointing two deputy chairmen and termed it as a decision in the right direction that would strengthen public-private sectors liaison. In…
