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Economy

State minister for income has the same opinion to abolish withholding tax on money withdrawals for filers: KCCI

Picture: AFP Minister of State for Earnings Hammad Azhar has agreed to eliminate withholding tax on money withdrawals for filers within the upcoming mini finances, the Karachi Chamber of Trade and Industries (KCCI) mentioned on Friday. Regarding their assembly with Azhar in Islamabad, performing KCCI President Khurram Shahzad mentioned the …

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FBR lines 50,000 international financial institution accounts owned by means of Pakistanis

The Federal Board of Earnings is all set to release a crackdown in opposition to tax defaulters. Assets within the FBR showed Wednesday evening that 50,000 international financial institution accounts had been traced which can be being held by means of Pakistanis. The supply added that knowledge in regards to …

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You are going to now need to pay responsibility on imported automobiles in greenbacks

If you’re expat making plans to shop for your beloved his favorite imported automotive, then it’s important to pay customs responsibility in greenbacks, in keeping with a brand new coverage introduced on Tuesday. The Financial Coordination Committee, the highest govt frame on financial choices, has authorized a brand new coverage on …

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‘White elephants’ inflicting $15b losses to the nationwide exchequer

Application Shops Company Board of Administrators Chairperson Zulqarnain Ali Khan has disclosed that the Public Sector Enterprises are inflicting $15 billion losses to the nationwide exchequer. Round 134 to 140 state-run establishments are losing public cash, together with the PIA, Pakistan Put up and Application Shops Company of Pakistan, Khan …

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