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PAKISTAN ADDITIONAL TAXES
Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...- Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- New tariff: Think tank GTRI makes a case against US' additional 12.5% duty on IndiaAs India faces a proposed 12.5% US tariff on its imports, trade think tank GTRI has advised the govt to challenge the levy on legal grounds...
- 'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billionVeteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 bill...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- GST largest marginal contributor to rising poverty in Pakistan: World BankA World Bank study reveals that Pakistan's General Sales Tax disproportionately increases poverty due to its impact on household expenditur...
- Pakistan People Party to oppose Tax Amendment BillMirza Ikhtiar Baig of Pakistan People's Party opposes a proposed Tax Amendment Bill. The bill would freeze bank accounts and restrict prope...
- Pakistan's tax shortfall, delay in materialising foreign loans major concerns in implementation of USD 7 billion loan: IMFThe IMF has raised concerns over Pakistan's struggle to meet the terms of its USD 7 billion loan package. Key issues include a tax revenue ...
- IMF asks Pakistan to 'impose' tax on monthly pensions, says 'new bailout programme' will require reformsThe International Monetary Fund (IMF) has requested Pakistan to impose a tax on monthly pensions exceeding Rs 100,000 as part of a new bail...
- Cash-strapped Pakistan secures USD 655 ADB packageThe ADB approved a financing package for Pakistan under three different loans. Among other components, these include USD 300 million for im...
- Pakistan: Electricity tariff to be increased by PKR 3.28 per unitPakistan's National Electric Power Regulatory Authority (NEPRA) has proposed an increase of PKR 3.28 per unit in electricity tariffs. This ...
- Pak govt raises sales tax on luxury items to 25 per centThe Federal Board of Revenue (FBR) on Wednesday issued a Statutory Regulatory Order (SRO) for a 25 per cent imposition of General Sales Tax...
- Pakistan set for tax hikes in return for massive IMF bailout"The imposition of more taxes means tough days are ahead for the majority of the people in Pakistan who are already facing higher food and ...
- Cash-strapped Pakistan imposes PKR 30 bn as additional taxes to prevent default on oil and gas paymentsThe decision was taken at a special meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by the Finance Minist...
- IMF's USD 1 bn tranches to Pakistan forces Islamabad to slap Rs 160 bn taxes on salaried classThe IMF staff assessed that risks continue to be tilted to the downside, both on the domestic and external front. The Washington-based lend...
- Talks between Pakistan, IMF for release of $1 billion loan tranche remains inconclusiveThe talks held from October 4 to 15 failed to reach a staff level agreement because of differences over the macroeconomic framework and unc...
- Pak bloggers, websites protest against internet taxesBloggers and websites in Pakistan today displayed "Don't tax the internet" message as part of their 'blackout campaign' against hefty taxes.
- Pak to import vegetables from India duty-freeThe Pakistan government has allowed duty-free import of 15 varieties of fresh vegetables from India through the Attari check post at Amrits...
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