1+ day, 2+ hour ago  (698+ words) ISLAMABAD: The Federal Board of Revenue (FBR) missed its projected collection target by a staggering Rs429 billion during the first eight months of 2025-26. However, the collection recorded an 11 per cent increase to Rs8.121 trillion during July-February FY26, compared with Rs7.334tr raised in the same…...

8+ mon, 1+ week ago  (214+ words) THERE will be no more tax exemptions or tax amnesty schemes, declared Finance Minister Muhammad Aurangzeb on Thursday. "We are now focused on expanding the tax net, and that process is actively underway," he remarked while addressing concerns expressed by…...

9+ mon, 6+ day ago  (1643+ words) In the 1930s, John Maynard Keynes argued that lower tax rates can sometimes increase government revenues. He wrote in his 1933 book The Means to Prosperity: "Nor should the argument seem strange that taxation may be so high as to defeat its…...

9+ mon, 1+ week ago  (1003+ words) ISLAMABAD: A World Bank stu'dy says the General Sales Tax (GST) has the largest marginal contribution to the national poverty increase, while GST payments account for over 7 per cent of households" pretax expenditure, which leads to further impoverishment among poor…...

10+ mon, 3+ day ago  (1007+ words) Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Monday that the country had reached "a pivotal moment of economic recovery" as he outlined the government's key achievements during a conference at Harvard University in the US, the [Associated…...

10+ mon, 1+ week ago  (424+ words) Pakistan Cotton Ginners" Association (PCGA ... allowing it to enter the country at zero percent sales tax and no import duties, it adds. This "clear policy bias" undermines the domestic ... LAHORE: Irked by alleged dillydallying by the federal government in treating…...

10+ mon, 1+ week ago  (858+ words) Finance Minister Muhammad Aurangzeb has reaffirmed the government's commitment to achieve a "sustainable economic stability" in the country as he held a series of meetings with officials from the International Monetary Fund (IMF) and the World Bank in Washington, a…...

10+ mon, 2+ week ago  (645+ words) With their legitimacy crisis, the rulers are scrambling to "fix" the economy rather than reforming it. This was a recent tweet by Kaiser Bengali, an economist who has also served in government more ... "EARLIER it was CPEC " a game changer!...

11+ mon, 1+ week ago  (960+ words) ISLAMABAD: The Ministry of Finance is inducting six professionals from the market to operationalise the Tax Policy Office (TPO), which will directly report to the finance minister in line with commitments made with the IMF under the $7 billion Extended Fund…...

11+ mon, 1+ week ago  (30+ words) Without a fundamental rethink and reset, Pakistan's catastrophic tax regime will drive the country's already shrinking formal sector towards extinction. Get the latest news and updates from Dawn...