Tag Archives: FBR

The Ministry of Finance has advertised some of the posts to operationalize the Tax Policy Office (TPO) in response to the IMF’s requirements, taking a significant step forward by advertising key positions for recruitment. The office will see the appointment of a director general alongside five directors. The Director General …

The International Monetary Fund (IMF) has proposed setting a tax target of over Rs 15 trillion in the federal budget for the new fiscal year 2025-26. Additionally, there is a possibility that Pakistan may receive new financial targets as part of its ongoing economic program. According to sources within the …

A significant meeting took place today between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a delegation from the Federation of Pakistan Chambers of Commerce & Industry (FPCCI). The delegation was led by FPCCI President Atif Ikram, along with Patron-in-Chief S. M. Tanveer and Senator Noman Wazir, Chief …

Federal Minister for Finance, Muhammad Aurangzeb, has asserted that sugar is no longer being smuggled across the border; instead, it is now being legally exported to Afghanistan. Addressing a press conference in Islamabad, the finance minister elaborated on the steps taken to regulate the sugar industry. He stated that the …

The ongoing policy-level talks between the Government of Pakistan and the International Monetary Fund (IMF) are currently focused on addressing circular debt in the power sector. Currently, deliberations on Federal Board of Revenue (FBR) revenue, agricultural tax, and property tax are also in progress. According to sources from the Power …

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed the government’s commitment to supporting the insurance sector, recognizing its potential for significant private sector investment. He emphasized the need to diversify beyond the banking sector for lending purposes, urging the insurance industry to step up and meet the …

The negotiations between the Government of Pakistan and the International Monetary Fund (IMF) have entered their fourth consecutive day, with discussions intensifying over critical financial measures. Among the key considerations is the inclusion of retailers, property owners, and agricultural income within the tax net. Additionally, the government is contemplating stringent …

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed the government’s unwavering commitment to resolving key challenges related to taxation, energy, and financing to ensure the long-term sustainability and growth of Pakistan’s industrial sector. He made this statement during a meeting held today at the Finance Division with …

The International Monetary Fund (IMF) has called on the government of Pakistan to swiftly implement reform measures aimed at reducing expenditures. In a recent meeting with the Cabinet Division, the Ministry of Finance, and the Cabinet Secretary, discussions focused on rightsizing various government departments to streamline expenses. The IMF emphasized …

The review talks between Pakistan and the International Monetary Fund (IMF) have commenced, focusing on the $7 billion loan program. These discussions, which are the first review under this agreement, will take place in two phases. The initial phase will consist of technical-level talks, during which Pakistan and the IMF …