Pakistan Customs, Tax, Shipping & Business News Resource
The federal cabinet has given the green light to the budget proposals for the fiscal year 2023-2024, which include a significant increase in the salaries of government employees. The decision…
The government has approved a Gross Domestic Product (GDP) growth target of an estimated 3.5 percent for the 2023-24 financial year (FY24), according to the Annual Development Plan for the…
In a bid to increase foreign exchange reserves and address loopholes hindering progress in this regard, the federal government has announced its decision to raise the Withholding Tax (WHT) on…
The federal government has decided to impose a flat 0.6 percent tax on citizens not appearing on the Federal Board of Revenue’s (FBR) Active Taxpayer List (ATL) for cash withdrawals…
Recognizing the vital role of the construction and allied industries in the economic development of the country, the government has unveiled a package of incentives aimed at promoting construction activities…
Karachi: June 9, 2023 – In a bid to promote the manufacturing and production of solar photovoltaic (PV) modules in the country, the federal government has put forth a proposal…
Karachi: In a move aimed at boosting foreign currency inflows, the federal government of Pakistan has announced a significant increase in the monetary limit for individuals bringing in funds from…
Karachi : The Policy Advisory Board of FPCCI strongly urges that inflation is cost-pushed and policy rates have proved to be an ineffective tool to control inflation. In any case,…
KARACHI: Pakistan’s economy experienced a modest growth of 0.29% in the fiscal year 2022-2023 (FY23), a significant decline from the previous year’s growth rate of 6.1%, according to Economic Survey…
Karachi: Pakistan Petroleum Limited (PPL), one of the leading National E&P Companies and largest corporate donors, has recently funded the repair and renovation of a 66-year-old library at Jinnah Postgraduate…
Karachi: As a representative of more than three million freelancers working in the country, the Pakistan Freelancers Association (PAFLA) is all set to host a conference titled “The Future of…
Following the recent federal budget, there are discussions within the government regarding the introduction of a dollar amnesty scheme. This scheme aims to provide individuals with the opportunity to legalize…
Lahore: Rabel Sadozai, Director Marketing and Sales, Fatima Fertilizer, has won the Chief Marketer Award in the business category by Campaign Asia-Pacific’s prestigious Women Leading Change Awards 2023 announced this…
The extraordinary increase in the federal excise duty (FED) on cigarettes imposed by the government has plunged tobacco farmers into a severe crisis. The doubling in prices of legal cigarettes…
KARACHI: Members of a delegation from Saddar Cooperative Market sought Karachi Chamber’s assistance in dealing with the lackluster business activities at commercial markets where sales have gone drastically down to…
The government is expected to prioritize the agriculture sector in the upcoming FY24 budget, as it aims to achieve self-sufficiency in food staples and prevent the sector from getting affected…
The government is set to announce its budget for FY24 on 9th June, which will provide some clarity on its plan to bring the country back on the right track…
The banking sector is likely to face more negative earnings implications from the upcoming FY24 budget, as the government may increase taxes on the sector to boost its revenue collection.…
Karachi, Pakistan – TPL Life Muavin, Pakistan’s first virtual earning and learning platform, continues to grow and reach a new milestone of surpassing 60,000 potential life insurance agents registering onto…
KARACHI: Finance Minister Senator Mohammad Ishaq Dar has assured the leadership of Karachi Chamber that the government would do everything in its power to support the business & industrial sector…