In a recent development, the Federal Cabinet has approved the promulgation of an Income Tax Ordinance to implement changes in ...

In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman, trade union leaders suggested a ...

Pakistan has missed the International Monetary Fund (IMF) condition of collecting over Rs6 trillion in taxes during the first half of this fiscal year and fell off the mark by Rs386 billion.

ISLAMABAD: Pakistan has successfully met the primary tax targets outlined by the International Monetary Fund (IMF), on Friday. The country achieved a tax-to-GDP ratio of 10.8%, surpassing the IMF’s ...

He emphasized the need to improve Pakistan’s tax-to-GDP ratio, which currently stands at 9-10 percent, and aims to increase ...

In a startling revelation, it was learnt that the top 5% earners in Pakistan have not paid taxes to the tune of Rs1.6 trillion. The figures were shared by Federal Board of Revenue (FBR ...

Prime Minister Shehbaz Sharif asserted on Wednesday that despite persistent political unrest and protests aimed at destabilising the government, Pakistan ... of its December tax collection target ...

The government and banks have reached an agreement on the imposition of ADR, or advance-to-deposit ratio, tax on banking incomes, Pakistan’s Prime Minister House says in statement after cabinet ...

Islamabad: The IMF has flagged Pakistan's tax shortfall and a delay in materialising foreign loans, among other issues, as challenges in implementing the USD 7 billion loan package. At the end of ...

Islamabad [Pakistan], December 31 (ANI): Pakistan People’s Party Member of National Assembly Mirza Ikhtiar Baig on Monday (local time) said that his party would oppose the proposed Tax Amendment ...