FBR to Classify Taxpayers As Late Filers if They Intentionally File Returns After Due Date
The Federal Board of Revenue (FBR) has introduced a new “late filer” category in the 2024-25 budget, targeting individuals who
Steering Committee Aims to Finalize National EV Policy Within a Month
Minister for Industries and Production, Rana Tanveer Hussain, chaired the inaugural meeting of the Steering Committee on Electric Vehicles on
Development Projects to Cost Almost 10x More Than Initial Govt Estimates
The Planning Commission has disclosed that the total cost to complete 1,071 development projects across Pakistan exceeds Rs. 13,815 billion,
Govt Likely to Increase Rental Allowance for Grade 1 to 22 Employees
The federal government is likely to announce a 45% increase in the house rent ceiling for its employees, ranging from
FBR Threatens to Block SIMs, Cut Electricity Connections of Taxpayers
The Federal Board of Revenue (FBR) has warned taxpayers sternly, highlighting the consequences of failing to file income tax returns
Weekly Inflation Drops to Nearly 3-Year Low at 12.7%
The Sensitive Price Index (SPI)-based inflation in Pakistan rose by 12.72 percent on a year-on-year basis for the week ending
IMF Board to Approve Pakistan’s $7 Billion Bailout Program Next Month: Finance Minister
Federal Finance Minister Muhammad Aurangzeb has stated that the International Monetary Fund (IMF) board is expected to approve Pakistan’s case
Pakistan’s National Treasury Hit with Rs. 60 Billion Loss Due to PIA Aircraft Grounding
The national treasury has suffered significant losses due to prolonged grounding of aircraft by Pakistan International Airlines Corporation (PIA), amounting
Allied Bank Ltd Posts Highest-Ever Quarterly Profit of Rs. 12.5 Billion
Allied Bank Limited (ABL) has announced its highest-ever quarterly profit after tax (PAT) for the second quarter of the calendar
FBR’s Penalty on Late Filers is Unconstitutional
The Federal Board of Revenue (FBR) faces legal challenges over its attempt to impose penalties on a newly introduced category
