Aftab Maken ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held on Monday under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, during which the Cabinet body approved significant technical supplementary grants (TSGs) for various ministries and divisions and endorsed several …
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Pakistan and the International Monetary Fund (IMF) have not yet reached a complete consensus on the budget targets for the upcoming fiscal year. However, the IMF has announced that negotiations on the new fiscal year’s budget will continue. An IMF mission, led by Mr. Nathan Porter, concluded its staff visit …
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Pakistan’s real estate sector is bracing for a major shift as the federal government considers a sharp increase in the Capital Gains Tax (CGT) on property sales. Sources say the government is weighing a proposal to raise the current 15% CGT rate to as high as 40% in the upcoming …
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Federal Minister for Finance, Senator Muhammad Aurangzeb, has left for London on an official visit. The visit is aimed at engaging with British authorities, investors, financial institutions, investment banks, business firms, and other organizations. During the visit, the finance minister will also participate in various investment forums and seminars, where …
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