The international survey agency has blamed the Federal Board of Revenue (FBR) for overburdening the taxpaying sectors due to its failure to reform and broaden the tax base. “FBR does not conduct sector-based surveys and studies to assess the ground realities, and the fact is that there is a visible trust deficit between the FBR against the taxpayers as well as the potential taxpayers,” Abdul Sa
Amid lacklustre auto sales overall, the Korean assembler’s record Rs1.5 million price cut has worked, as the company earned billions in just a few days. Lucky Motor Corporation Ltd (LMCL) reduced the price of Kia Stonic to Rs4.767 million from Rs6.280m on April 29, thus waking up cash-rich investors and consumers to make windfalls even after paying “premium or on-money” up to Rs500,000 for inst
The international body representing telecom operators has expressed concerns over the Federal Board of Revenue’s (FBR) decision to block mobile SIMs of individuals not appearing on the active taxpayers’ list for 2023. GSMA Asia Pacific Head Julian Gorman has written a letter to Minister of State for IT and Telecommunication Shaza Fatima Khawaja expressing concerns over the Income Tax General Or
While hearing K-Electric’s request for up to Rs18.6 per unit additional fuel cost recovery from its consumers for the past nine months, the National Electric Power Regulatory Authority (Nepra) on Thursday directed the Karachi-based power utility to ensure that the Matric and intermediate students do not suffer because of power outages. During a public hearing presided over by Nepra’s Sindh memb
Prime Minister Shehbaz Sharif on Thursday received a message from his Qatari counterpart underscoring potential avenues for reinforcing bilateral ties. “Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani has sent a written message to Prime Minister of Pakistan Shehbaz Sharif, pertaining to bilateral relations and way to support and develop them,”