Finance Minister Muhammad Aurangzeb on Wednesday said that the country has achieved economic stability through “tough decisions and ongoing economic reforms over the past year”, emphasising that the objective was not stabilisation alone but “sustainable and inclusive growth”. He was speaking at a forum hosted by the Centre for Global Development (CGD) during the IMF-World Bank Spring Meetings.
The Federal Board of Revenue (FBR) has asked all registered taxpayers to integrate their invoicing systems electronically. Through SRO709 of 2025, the FBR set compliance deadlines for corporate and non-corporate taxpayers to complete the integration. According to the notification, the corporate registered persons must start sending digital invoices no later than May 1, 2025, while non-corpor
The board of directors of the National Transmission and Despatch Company (NTDC) removed seven top officials on Wednesday due to shortcomings, project delays, and poor performance. The decision was taken on the directive of Power Minister Sardar Awais Leghari, who had recently expressed concern over project delays and the performance of these officials, according to a statement issued by the p
The Federal Board of Revenue (FBR) has submitted a summary to the federal cabinet requesting the withdrawal of Federal Excise Duty (FED) on property transactions. “We will issue a notification after the cabinet approves the summary,” FBR Chairman Rashid Langrial told Dawn on Wednesday. In the Finance Act 2024, the government has imposed 3 per cent FED on filers, 5pc on late filers and 7pc on
The agricultural sector in Punjab has become a battleground for conflicting narratives, with farmers expressing deep distress while the provincial government touts its efforts to support them. Khalid Khokhar, President of the Pakistan Kisan Ittehad, held a press conference in Lahore, vehemently criticising the government’s handling of the agricultural crisis. “The throat of farmers and culti