Minister

The Prime Minister orders strict action against those who default in paying taxes, and pushes for the digitization of revenues – Trendy Blogger

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The Prime Minister orders strict action against those who default in paying taxes, and pushes for the digitization of revenues – Trendy Blogger

Prime Minister Muhammad Shehbaz Sharif has directed the authorities to bring tax defaulters into the tax net and impose strict action against non-compliance. These directives were issued during a major review meeting focused on enhancing revenue collection, according to a press release issued by the Ministry of Information, Radio and Television. At the meeting, officials … Read more

The Prime Minister forms a special investigation team to investigate sales tax fraud – Trendy Blogger

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The Prime Minister forms a special investigation team to investigate sales tax fraud – Trendy Blogger

Prime Minister Shehbaz Sharif has formed an investigation team to probe the ongoing sales tax fraud cases, according to a notification issued by the Prime Minister’s Office. The team is tasked with investigating the involvement of public officials, identifying policy loopholes, and uncovering how various entities engage in fraudulent activities. The investigation will focus on … Read more

The Minister highlights that maritime operations contribute only 0.5% to Pakistan’s GDP – Trendy Blogger

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The Minister highlights that maritime operations contribute only 0.5% to Pakistan’s GDP – Trendy Blogger

Islamabad: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday revealed that Pakistan’s naval operations contribute a modest 0.5% to the country’s GDP, which lags significantly behind the global average of 7%. Speaking at Kholi Kashahri at the PNSC building in Karachi, the Minister emphasized the huge untapped potential in the maritime industry. “Developed … Read more

Finance Minister says policy consistency is more important than policy shifts – Trendy Blogger

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Finance Minister says policy consistency is more important than policy shifts – Trendy Blogger

KARACHI: Finance Minister Muhammad Aurangzeb stressed the importance of continuity in economic policies, noting that consistency is essential regardless of which government is in power. Addressing reporters on Saturday at the Overseas Investors Chamber of Commerce and Industry (OICCI), he said: “When we talk about the economic charter, it does not matter which administration will … Read more

The Prime Minister forms a high-level committee to review the tax on bank profits – Trendy Blogger

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The Prime Minister forms a high-level committee to review the tax on bank profits – Trendy Blogger

The government has established a high-level committee to review fiscal measures related to the ratio of advances to deposits in the banking sector and explore alternative plans to impose a tax on banks’ profits earned from investing in government securities. Prime Minister Shehbaz Sharif formed the committee, headed by Deputy Prime Minister Ishaq Dar, tasked … Read more

The Minister of Finance briefs the Ministry of Foreign Affairs on the structural reforms programme – Trendy Blogger

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The Minister of Finance briefs the Ministry of Foreign Affairs on the structural reforms programme – Trendy Blogger

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday briefed the Director-General of Humanitarian Affairs and Development at the UK Foreign, Commonwealth and Development Office, Ms. Melinda Bohannaun, on the government’s stabilization and structural reforms programme. According to a press release issued by the Ministry of Finance, during the meeting with the … Read more

The protests cost Pakistan a staggering Rs. 190 billion per day: Minister of Finance – Trendy Blogger

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The protests cost Pakistan a staggering Rs. 190 billion per day: Minister of Finance – Trendy Blogger

Islamabad:Pakistan is facing an alarming loss of Rs. 190 billion per day as a result of road closures and lockdowns caused by opposition-led protests, according to Finance Minister Muhammad Aurangzeb. The protests, organized by the opposition party under the leadership of PTI founder Imran Khan, center around issues including Khan’s “unlawful” imprisonment, the February 8 … Read more

The Prime Minister seeks to achieve a $25 billion IT export target with a detailed action plan – Trendy Blogger

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The Prime Minister seeks to achieve a billion IT export target with a detailed action plan – Trendy Blogger

The ICT Ministry on Friday presented a comprehensive action plan to Prime Minister Shehbaz Sharif aimed at boosting the country’s IT exports to $25 billion over the next five years. Prime Minister Shehbaz Sharif, who set an ambitious target for the IT Ministry, chaired a review meeting where he appreciated the proposed action plan and … Read more

The Finance Minister says the government is unveiling a new economic roadmap, and there are no plans for new taxes – Trendy Blogger

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The Finance Minister says the government is unveiling a new economic roadmap, and there are no plans for new taxes – Trendy Blogger

IslamabadFinance Minister Muhammad Aurangzeb announced on Sunday that Prime Minister Shehbaz Sharif will soon unveil a new economic roadmap, stressing that the government will not impose new taxes to address any revenue shortfall. Speaking at a press conference in Islamabad, Aurangzeb highlighted positive trends in key economic indicators, including an increase in foreign exchange reserves, … Read more

The Finance Minister hopes that Pakistan will achieve a $3 trillion economic status in 2047 – Trendy Blogger

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The Finance Minister hopes that Pakistan will achieve a trillion economic status in 2047 – Trendy Blogger

Islamabad: Federal Minister of Finance and Revenue Muhammad Aurangzeb on Sunday expressed hope that by 2047, the size of the country’s economy will reach $3 trillion, which currently stands at $300 billion. Under the leadership of Prime Minister Muhammad Shehbaz Sharif, the government has shown economic discipline and introduced economic reforms, and now the country’s … Read more