Federal Board of Revenue (FBR) has provisionally collected Rs. 7, 154 billion during July-June (2022-23) against the annual target Rs. 7,640 billion, reflecting a shortfall of Rs. 486 billion.ProPakistani has obtained exclusive access to the latest fig…
A Tokyo-based tech firm and university have collaborated to develop an app called “Cat Pain Detector” that uses AI technology to determine if a cat is experiencing pain.The app, which has gained 43,000 users since its recent release, analyzes thousands…
The government has withdrawn the powers of the Federal Board of Revenue (FBR) to target any elite person/individual to forcefully pay “additional tax on certain income, profits and gains” under Finance Act 2023.The government has amended Finance Bill 2…
Minister of State for Petroleum, Dr. Musadik Malik, said on Wednesday that the government had introduced a new policy of a ‘bonded warehouse’ to eliminate the problem of dry outs in the petroleum sector.Under this policy, he explained that foreign comp…
The reduced rates of tax would only be applicable on transactions of disposal of securities of listed companies carried out under the system of the National Clearing Company of Pakistan Limited (NCCPL).Through Finance Act 2023, now it has been provided…
