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ISLAMABAD: The government slapped Rs115 billion taxation measures through a notification issued by the Federal Board of Revenue after President Dr Arif Alvi refused to promulgate an ordinance...

Govt aims to fetch Rs115 billion by increasing GST and Federal Excise Duty on cigarettes

ISLAMABAD: Amid the lingering stalemate over the fiscal gap, the International Monetary Fund has worked out a larger gap of approximately Rs900 billion, equivalent to 1 percent of Gross Domestic...

ISLAMABAD: The visiting IMF review mission has rejected the revised Circular Debt Management Plan and asked the government to raise the electricity tariff by Rs12.50 per unit in order to restrict...

IMF has asked Pakistan to raise the electricity tariff by Rs12.50/unit to restrict additional subsidy at Rs335 billion

ISLAMABAD: The International Monetary Fund (IMF) has rejected the circular debt management plan (CDMP) presented by the government and asked the authorities to raise the electricity tariff by Rs12.50 per unit in order to restrict the additional subsidy at Rs335 billion for the current fiscal year, according to a The News report published Thursday. An IMF mission...

As per details, the drafts are a bid to overcome the worst economic crisis in the country after Pakistan accepted IMF demands.

Pakistan has formally assured the International Monetary Fund (IMF) to meet its demands for reviving the stalled Fund programme, citing sources ARY News reported.

ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday agreed in principle to implement tough decisions in order to break the lingering deadlock with the International Monetary Fund .The tough decisions...

ISLAMABAD: The government is contemplating its options for slapping a Windfall Tax on the profits of banking sector in the range of 50 to 70 percent just on the pattern of the Western world, which...