Finance

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In five months, remittances increase by 10% to $12.9 billion

KARACHI: Workers' remittances increased by about 10% to $12.9 billion in the first five months of this fiscal year compared…

3 years ago
  • Business
  • Finance
  • International

After years of deficits, Saudi Arabia projects a budget surplus

Saudi Arabia approved its budget for 2022 on Sunday, anticipating a surplus for the first time since the 2014 oil…

3 years ago
  • Business
  • Finance
  • Pakistan

FBR holds off on property valuation till January 16

ISLAMABAD: The Federal Board of Revenue (FBR) has put a hold on new property valuations until January 16, 2022, in…

3 years ago
  • Business
  • Finance
  • Pakistan

In a mini project, FBR proposes phasing out Rs350 billion tax exemptions: Sources

ISLAMABAD: According to reports, the Federal Board of Revenue (FBR) has delivered a draft of the updated finance bill to…

3 years ago
  • Business
  • Finance

Tax collection surged by 35% in November: Farrukh

Minister of State for Information and Broadcasting Farrukh Habib said on Wednesday that tax collection in November 2021 stood at…

3 years ago
  • Business
  • Finance

IMF looking for reforms to boost personal income and corporate taxation: FBR chairman

ISLAMABAD: The Fund is requiring reforms to increase personal and corporate income taxes, remove GST inefficiencies, and provide sustainable revenue…

3 years ago
  • Business
  • Finance
  • Pakistan

For the continuation of the loan facility, the IMF demands five essential actions: Shaukat Tarin

ISLAMABAD: The IMF offered Pakistan a list of five significant previous steps for the reinstatement of its $6 billion Extended…

3 years ago
  • Finance

SBP bans bank loans for purchasing imported vehicles

In order to curb inflation and imports, the State Bank of Pakistan (SBP) has made amendments in regulations and imposed…

3 years ago