Taxation
The World Bank (WB) has a report that says Pakistan is not collecting enough taxes. Pakistan is not collecting 737 billion rupees in taxes that it could be collecting. The WB
The World Bank has retracted its recommendation to impose taxes on individuals earning less than Rs50,000, clarifying that the suggestion was based on 2019 data. The move com
The World Bank has suggested that Pakistan should impose taxes on monthly salaries below Rs50,000 and reduce the income threshold for the highest income tax rate of 35% from s
ISLAMABAD: The Federal Board of Revenue (FBR) has outperformed expectations by collecting Rs2,041 billion in the first quarter of the current fiscal year, surpassing the desig
A long-standing dispute in Poland regarding the classification of electric vehicle charging for VAT purposes has been resolved, with the Court of Justice of the European Union
Non-residents in Spain can now pay their tax debts by direct debit from a foreign bank account in the SEPA Zone. This new option makes it easier and more convenient for non-re
The Iranian Ambassador to Pakistan and the Chairman of the Federal Board of Revenue (FBR) met to discuss matters pertaining to customs, effective border management, and the sm
Fake sales tax invoices are a major problem in Pakistan, costing the government billions of rupees in lost revenue every year. These invoices are often used by businesses to e
The Pakistan Customs has intensified its anti-smuggling crackdown in recent weeks, seizing large quantities of essential commodities, petroleum products, and other goods worth
The definition of small and medium enterprise (SME) has been broadened to include businesses that provide or render IT services and IT-enabled services. SMEs that are exclusiv
Health
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The 16th Consumer Food Safety and Quality Conference was held at the Islamic Chamber of Commerce, Karachi, where Abdul Jabbar Khan, Special Assistant to the Chief Minister of
GENEVA: After more than three years of negotiations, the World Health Organization (WHO) announced on Wednesday that its member states have reached an agreement to strengthen
While it may be possible to purchase drinks and dietary supplements made in North Korea as souvenirs or at a North Korean restaurant's recommendation, consumers need to be awa
Education
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KARACHI: The Board of Intermediate Education Karachi (BIEK) has announced the postponement of the annual intermediate examinations for 2025, originally scheduled to begin on A
ISLAMABAD: Pakistan's information technology (IT) sector has witnessed impressive growth, with IT service exports reaching $2.177 billion during the first seven months of the
Karachi: ILMA University successfully concluded its 5th International Conference on Combating Fake News and Climate Reporting in the Digital Era, a landmark two-day event that
OP-ED
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In North Korea, women are referred to as "one wheel of the revolutionary cart". A popular song titled "Women Are Flowers" describes women as "the flowers of the nation". The c
The Indus Waters Treaty (IWT), signed on September 19, 1960, is one of the most significant water-sharing agreements in the world. Brokered by the World Bank, the treaty was e
By: Hassan NourianConsul General of I.R. Iran in Karachi The death anniversary of Dr Allama Muhammad Iqbal is being observes 21st April across the country to acknowledge his s