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1. Revenue collection up 27pc in Feb
(Highlights/Business News)
... month was mainly driven by increase of 40.69pc in the income tax collection, followed by customs duty 30.72pc, sales tax 18.20pc, and federal excise duty 13.94pc. In the first eight months (July-Feb) ...
Saturday, 28 February 2015
2. Marketing Diamer-Bhasha dam
(Highlights/Business News)
... To make the project cost-effective and attractive to investors, the government would ensure exemptions in duties and taxes during the construction phase and provide a complete income tax ho ...
Friday, 10 October 2014
3. Islamic finance good alternative: SBP
(Highlights/Business News)
... ere system allows fairness of return, sharing of risk and reducing income inequalities, he said. Pakistan, he said, was amongst the first few countries that undertook the ambitious aim of Islami ...
Monday, 07 April 2014
4. Bridging the tax gap
(Highlights/Business News)
... schemes. There is an enormous revenue loss due to exemptions, allowances and deductions from income tax, sales tax and customs duty, which was Rs887.5 billion or equal to 3.9pc of GDP in fiscal year ...
Monday, 07 April 2014
5. Canada pledges support to local businesses
(Highlights/Business News)
... vast agricultural and mineral base. However, it needs structural reforms in education, skill development and taxation. He said that Pakistan is considered as a middle income country and Canada wants ...
Wednesday, 12 March 2014
6. Scrutiny of bank accounts
(Highlights/Business News)
...  about his income and be enough for tax collectors to be alerted to possible evasion. Probing bank accounts should be permitted only in cases where serious suspicions of tax evasion against a ...
Friday, 28 February 2014
7. ECC takes politically tough decisions
(Highlights/Business News)
...  fiscal year. The IMF was also given an assurance regarding finalisation of the three-year phase-wise withdrawal plan of tax exemptions worth Rs400bn under income tax, sales tax and customs ...
Monday, 10 February 2014
8. Consumer financing rekindled
(Highlights/Business News)
Monday, 20 January 2014
9. Making remittances more productive
(Highlights/Business News)
...  repayment of external loans, growth of foreign exchange reserves and financed outflow of dividend income/profits by foreign portfolio investors/multinational companies. In a way, according to Worl ...
Monday, 06 January 2014
10. Govt finalises SRO withdrawal plan
(Highlights/Business News)
Saturday, 28 December 2013
11. Asian shares mixed ahead of Fed decision
(Highlights/Business News)
Wednesday, 18 December 2013
12. Package unveiled to revive economy
(Highlights/Business News)
... the government would not ask about, probe or scrutinise the source of income in case of an investment between Rs10 million and Rs50 billion in any green field industrial project or  ...
Friday, 29 November 2013
13.
(Highlights/Business News)
...  a key factor in Hong Kong's economy, expanded for the period helped by rising incomes and a low unemployment rate of 3.3 per cent, with private consumption expenditure rising by 2.8 p ...
Saturday, 16 November 2013
14. Banks expect rise in interest rate
(Highlights/Business News)
Wednesday, 13 November 2013
... have to bear Rs2.36billion. The SNGPL in its plea has pleaded that its income during running fiscal year (FY) 2013-14 will remain at Rs235.46billion and its financial shortfall will stay at Rs39.69billion. ...
Thursday, 31 October 2013
16. Slow growth in tax base
(Highlights/Business News)
... y known as DMG and was imposed on the tax department. Commissioner BTB Dr Muhammad Iqbal said that 500 people have filed income tax returns as against the issuance of 32,000 notices to them in t ...
Wednesday, 30 October 2013
Monday, 28 October 2013
18. SPI shows marginal increase
(Highlights/Business News)
ISLAMABAD: Weekly inflation for combined income group witnessing a marginal increase of 0.08 per cent for the week ending Oct 24 as compared to the previous week. The weekly inflation measured ...
Saturday, 26 October 2013
19. Drive to broaden tax net gets poor response
(Highlights/Business News)
... and income tax of 30pc. During his recent visit to the office of Chief Commissioner Regional Tax Office, FBR member Inland Revenue (IR) Policy Shahid Hussain Asad told Dawn that investors would  ...
Friday, 25 October 2013
20. FBR eyes billions from DHA plot sales
(Highlights/Business News)
... and income tax of 30pc. During his recent visit to the office of Chief Commissioner Regional Tax Office, FBR member Inland Revenue (IR) Policy Shahid Hussain Asad told Dawn that investors would  ...
Friday, 25 October 2013
Wednesday, 23 October 2013
Thursday, 29 August 2013
...  He said those who owned or purchased properties in Defense Housing Authorities, Bahria Town and other expensive localities in Karachi, Lahore and Islamabad would have to explain their income sources and ...
Thursday, 29 August 2013
... is also meagre because of consumers being mostly domestic, absence of industry and lack of any income-generating activity in the area. The region is also not connected to the national grid. However, ...
Wednesday, 28 August 2013
25. UBL earnings fall with drop in core income
(Highlights/Business News)
Saturday, 24 August 2013
Friday, 23 August 2013
Thursday, 22 August 2013
... half of fiscal 2012 according to a notice sent by the bank to the Karachi Stock Exchange. Net interest income of the bank rose 23% to Rs1.66 billion in the half-year period. According to press ...
Thursday, 22 August 2013
29. ADB to support Diamer Bhasha Dam, TAPI: Zhao
(Highlights/Business News)
... n release $430 million for income support programme as it shared the policy of the present government to support the poorer sections of the society. He said the ADB was committed to TAPI which would encoura ...
Wednesday, 21 August 2013
... a does not have the jurisdiction to treat incomes of SNGPL not arising out of the regulated/licensed activity of SNGPL as operating incomes for the purposes of tariff determination, it added. The regulat ...
Tuesday, 20 August 2013

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