Solar panels, agri inputs may lose tax relief under IMF plan
Sgnificant hike in penalties for tax evasion at point of sale (POS) systems is under consideration
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Sgnificant hike in penalties for tax evasion at point of sale (POS) systems is under consideration
Move aimed at covering shortfall of Rs833bn recorded between July and April
FinMin says excess electricity will now become a source of national income
Annual data reveals significant rises in certain commodities
Monetary policy discussions reaffirm SBP’s medium-term inflation target of 5 to 7pc
Official says transferred funds not for budget support
Negotiations between Pakistan, IMF on federal budget likely to conclude today
Announcement comes amid ongoing negotiations with IMF
Saudia Arabia, UAE, China rolled over $6bn in deposits
Shehbaz-led govt presses global lender to reduce super tax, grant relief to various sector
Key proposal includes significantly increasing fines on retailers, shopkeepers over tax evasion
Officials say privatization of PIA to conclude this year, key hurdles reportedly resolved
According to data, country’s economic size has grown to $410.96bn
Decision made to prevent disruption in bilateral trade, ensure economic activity not affected
The government has assured of lifting the ban on importing 5-year-old used vehicles
Fund calls on Pakistan to increase tax revenues, provide relief to vulnerable sectors, including govt workers
IMF tightens terms of loan facility, expressing concerns over economic risks
Pakistan to receive $410mln in climate financing
Increase will allow for an expansion of beneficiary coverage, improved stipend amounts
Sources say various proposals will be tabled to offer relief to the salaried class
Report says Pakistan’s debt servicing outlook has somewhat improved due to recent policy measures