Rs 5.93 trillion budget presented, defence gets major chunk Full term budget presented by un-elected Finance Minister

ISLAMABAD: The outgoing PML-N government’s newly appointed Finance Minister Miftah Ismail presented a sixth full-term budget in the National Assembly Friday amid a raucous protest… Continue reading

salary of government servants – 10 per cent ad-hoc relief announced, house rent to increase by 50 per cent,

ISLAMABAD: The government yesterday announced an ad-hoc relief of 10 per cent in the salaries and pensions of civil and military employees in the federal… Continue reading

Federal Budget seeks to institutes tax reforms in the real estate sector

KARACHI: The Federal Budget 2018-19 seeks to institute tax reforms in the real estate sector. Widespread tax reforms have been envisaged for streamlining the issues… Continue reading

Sales tax exemptions on LNG, plant & machinery, computer parts’ import

KARACHI: The Finance Bill 2018 proposes to waive the value addition tax of 3.0 percent chargeable on import of LNG under Rule-58B of Sales Tax… Continue reading

Government undertaking reforms that under climate change initiatives

KARACHI: Finance Division and Ministry of Climate Change are leading reforms which also involve federal ministries/divisions that undertake climate change initiatives. These reforms are aimed… Continue reading

Federal Budget 2018-19 proposes tariff rationalization measures, imposes RD on kits

KARACHI: Federal Budget 2018-19 has proposed several revenue measures including rationalization of custom duty on several importable items along with imposition and increase in regulatory… Continue reading

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