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Centre approves rise in vehicle token tax nationwide

Centre approves rise in vehicle token tax nationwide

The federal government has decided to increase vehicle token tax across the country following approval of amendments to the West…
PSO blames circular debt, high KIBOR for Rs12bn expenses

PSO blames circular debt, high KIBOR for Rs12bn expenses

Pakistan State Oil (PSO) has attributed its rising financial expenses—estimated at Rs12 billion—to the worsening circular debt crisis and tighter…
Audit report faults IT ministry, PTA over Rs89bn dues

Audit report faults IT ministry, PTA over Rs89bn dues

Audit authorities have held the Ministry of Information Technology and the Pakistan Telecommunication Authority (PTA) responsible for failing to recover…
11th NFC award meeting set for Aug 29

11th NFC award meeting set for Aug 29

The 11th National Finance Commission (NFC) Award meeting has been scheduled for August 29 (Friday), with the federal government set…
Pakistan bans 46 gambling and forex apps

Pakistan bans 46 gambling and forex apps

The Pakistan Telecommunication Authority (PTA) has banned 46 gambling and forex applications across the country after a recommendation from the…
India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index

India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index

India will start sourcing price data directly from e-commerce giants including Amazon (AMZN.O), opens new tab and Walmart-owned Flipkart to…
FBR considers turning to whistle-blowers to expose tax evaders

FBR considers turning to whistle-blowers to expose tax evaders

ISLAMABAD: The Federal Board of Revenue (FBR) is weighing the resumption of its long-suspended Tax Directory and is also considering…
Sales tax, excise duty returns filing deadline extended

Sales tax, excise duty returns filing deadline extended

The Federal Board of Revenue (FBR) has extended the deadline for filing sales tax and federal excise duty returns for…
Why the 11th NFC must get it right

Why the 11th NFC must get it right

The government has finally constituted the 11th National Finance Commission to come up with a new NFC Award to replace…
New Delhi approaching US trade issue with ‘very open mind’, says minister

New Delhi approaching US trade issue with ‘very open mind’, says minister

India will approach its future trade relationship with the United States with a “very open mind”, Trade Minister Piyush Goyal…
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