Govt grants tax relief to end GB traders’ strike
ISLAMABAD: In a bid to end the ongoing strike by Gilgit-Baltistan traders, the federal government on Wednesday agreed to exempt imports routed through the Sost...
Category : Business
FBR mulls tax on TikTok content creators
ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to impose taxes on TikTok content creators, a parliamentary committee was informed on Wednesday during a...
Rs1.2tr bank loan secured to settle circular debt
ISLAMABAD: The government on Wednesday signed loan facilities worth approximately Rs1.225 trillion with 18 banks to settle the outstanding dues of Independent Power Producers (IPPs)...
NAB starts online transfer of recovered money into victims’ accounts
ISLAMABAD: Taking a step towards digitalisation and facilitate victims of fraud cases, the National Accountability Bureau (NAB) has devised a system for disbursing their recovered...
Climate change to badly hit low-income earners, says ILO report
ISLAMABAD: The International Labour Organisation (ILO) says climate change is driving increasingly severe impacts affecting 71 per cent of workers in 2024, and it will...
NA panel slams rampant unannounced loadshedding
ISLAMABAD: The National Assembly’s Committee on Cabinet Secretariat has denounced the rampant unannounced loadshedding by electricity distribution companies (Discos) and termed it the violation of...
ECC green-lights proposals for commercial import of used vehicles
The Economic Coordination Committee (ECC) of the Cabinet on Wednesday decided to amend relevant provisions of the Import Policy Order, 2022 to allow the commercial...
CII clarifies no final decision yet on withholding tax issue
The Council of Islamic Ideology (CII) on Wednesday clarified that no final decision had been taken yet on the issue of withholding tax on money...
CII declares withholding tax on transactions ‘un-Islamic’
The Council of Islamic Ideology (CII) on Wednesday declared withholding tax on money transfers and withdrawals “un-Islamic” during a meeting of the body, according to...
Diamonds and drones: FBR’s new monitoring cell scans social media for tax evasion
Diamond sets and a drone light show at a near-million-dollar wedding have become evidence for tax authorities under a new “Lifestyle Monitoring Cell” tasked with...