Federal Chairman (FBR) Rashid Mahmoud Langeral revealed that tax evasion in the tobacco and poultry sectors has reached nearly 400 billion rupees, which confirms large gaps in the country’s tax collection system. Speaking during a meeting of the Permanent Finance Committee in the National Assembly, Langarial highlighted that despite the efforts to combat illegal trade, … Read more
Islamabad – The federal government will offer the fiscal year budget 2025-1026 on June 2, a few days before the holiday, the Minister of Planning announced the best turnout at a press conference on Friday. The government has determined the allocation of 921 billion rupees to the Public Sector Development Program (PSDP), which represents a … Read more
In an attempt to achieve the goals of its revenues for the current fiscal year, the federal government has increased the PLO (PL) by 18.02 rupees per liter of gasoline and 17.01 rupees per liter of high -speed diesel (HSD), since March 16, 2025. The updated oil tax is now 78.02 rupees per liter of … Read more
Peshawar: KPRA, KPRA, collected 41.9 billion rupees in the first ten months of the fiscal year 2024-25, which represents an increase of 40 % compared to the same period last year. This increase reflects a significant increase of 12 billion rupees over the amount of 29.9 billion rupees that were collected during July to April … Read more
The government successfully collected 562 billion rupees through the Treasury bills in the market (T-BILS) on Wednesday, with revenues remaining significantly unchanged as investors are waiting for the interest rate decision in the central bank next week. The amount that was raised decreased from a maturity of 698 billion rupees, but it exceeded the target … Read more
The federal government announced on Wednesday a reduction of 2 rupees per liter in high -speed gasoline and diesel prices, after reviewing routine prices every two weeks. This step comes in response to modern fluctuations in the international oil markets and aims to provide modest comfort to consumers who are struggling with inflation. An official … Read more
Lahore- Punjab government has officially launched the RS40 billion rupees program aimed at providing financial relief to low-income workers throughout the province. Prime Minister Maryam Nawaz opened the initiative at a party in Lahore on Tuesday, which represents the first great player in the field of social welfare since he took office. Speaking at this … Read more
Unity Foods Limited (PSX: Unity) reported a net profit of 1.09 billion rupees for the nine months ending March 31, 2025, which represents a sharp shift from a net loss of 1.21 billion rupees in the same period last year. The arrow’s profit (EPS) has increased for a period of nine months to 0.92 rupees, … Read more
Regional Tax Office 1 (RTO-1) revealed a significant fraud in sales tax worth 315 billion rupees in the iron and steel sector, according to a statement. Fraud activities were carried out under the leadership of two people, with the help of their brother and cousin. One additional partner has been arrested regarding the scheme. According … Read more
Foreign currencies in India have turned into caution in the wake of a deadly attack in Kashmir, which increased concerns about the escalating tensions between India and Pakistan. The militants killed 26 individuals in a famous tourist destination in Kashmir, representing the worst attack on civilians in nearly two decades. Indian Foreign Minister Vikram Missri … Read more