FY 24-25 budget expected on June 7
In response to IMF pressure, the Pakistan government is contemplating ending tax exemptions in the forthcoming FY budget.
DG ISPR Shares Pakistan Army’s Tax and Duty Figures for 2022-23
Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif has revealed the amount of tax and duties the Pakistan army paid during 2022-23. According to the DG ISPR, the military paid Rs100 billion in the form of duties and taxes during this period. The military spokesperson also revealed the
FBR faces major upheaval: big changes as top officers removed, tax targets at risk
Prime Minister Shehbaz Sharif approved a drastic overhaul of Pakistan’s tax collection agency, the Federal Board of Revenue (FBR). Abrupt Changes at FBR The FBR underwent sudden changes at the top, raising concerns about its ability to meet annual tax collection targets. Concerns Over Tax Collection Questions arise about FBR’s
UN anticipates 2 pc GDP growth, 26 pc inflation for Pakistan in current FY
The UN report suggests a slight uptick in GDP growth to 2.3 % in coming FY, while projecting inflation to decrease to around 12.2 %.
