ISLAMABAD – Prime Minister Imran Khan Tuesday urged high-income countries to help developing nations recover from the Covid-19 crisis and achieve Sustainable Development Goals (SDGs). He stated this while virtually addressing the UN High-Level Political Forum on Sustainable Development, ...

ISLAMABAD – Prime Minister Imran Khan Friday lauded the Federal Board of Revenue (FBR) for collecting "historic level of tax revenues" during the outgoing fiscal year. The prime minister said that the performance of the FBR is a testimony to the economic revival brought about by his ...

ISLAMABAD – The Federal Board of Revenue surpassed its tax collection target of Rs4,691 billion for the fiscal year 2020-2021. Reports in local media cited that the federal agency managed to collect Rs4,725 billion however it meets its initially envisaged tax collection target of Rs4,963 ...

ISLAMABAD – Foreign Minister Shah Mahmood Qureshi says Pakistan has completed the technical requirements with regard to Financial Action Task Force (FATF). In a statement on Wednesday, FM Qureshi said "we had been given twenty-seven action items; out of which work on twenty-six has been ...

ISLAMABAD – The Federal Board of Revenue (FBR) has ruled out the new amnesty scheme for the construction sector. It was proposed to slash the withholding tax on contractors from 7.5% to 1% during a meeting of the Senate Standing Committee on Finance. Another proposal, suggesting that a ...