Financial Monitoring Unit Collaborates with FBR to Combat Tax Evasion
In a collaborative effort to strengthen the fight against tax evasion, the Federal Board of Revenue (FBR) and the Financial Monitoring Unit (FMU) have...
LHC Orders Amendment to Sales Tax Act for Taxpayers’ Rights Protection
In a significant development, the Lahore High Court (LHC) orders directives to the Federal Board of Revenue (FBR) to amend the Sales Tax Act....
Bank Loans to Private Sector Witness an 86% Decline
In a significant economic development, there has been an astonishing 86% decline in bank loans extended to the private sector. This substantial reduction raises...
Shariah Standards: SBP Urges Banks to Embrace AAOIFI’s
In a noteworthy directive, the State Bank of Pakistan (SBP) has called upon banks to adopt Shariah standards and practices formulated by the Accounting...
FBR Commits to IMF: Pledges to Increase Taxes on Digital Markets
In a significant development, the FBR commits to the International Monetary Fund (IMF) that it will undertake measures to raise taxes on digital markets...
Pakistan Tells IMF of Intent to Increase Key Interest Rate
In a recent communication with the International Monetary Fund (IMF), Pakistan Tells IMF its intention to raise the key interest rate should there be...
Pakistan Assures IMF of Maintaining a Market-Determined Rate
In a recent development, Pakistan assures the IMF of its dedication to maintaining a market-determined exchange rate. This commitment is a significant aspect of...
Pakistan’s Textile Exports Decline by 5% in First Half of FY24
In a noteworthy economic development, Pakistan's textile exports have observed a decline of 5% in the first half of the fiscal year 2024. This...
Pakistan Initiates Talks with IMF for the Final Tranche
Pakistan has embarked on discussions with the International Monetary Fund (IMF) to secure the final tranche of a $1.1 billion loan. This crucial financial...
Egyptian Business Community Poised to Invest in Pakistan
In a promising development, the Egyptian Business Community is showing strong indications of investing in Pakistan's auto and agriculture sectors. This potential collaboration signifies...











