Retailers will be taxed, every sector will have to contribute to the tax net, Finance Minister Every effort has been made, for the first time, the IT sector exported 3.2 billion dollars. Things which have not been done for 75 years, we are now forced to do, talks with membersRead More →

Pakistan adds 150,000 retailers to tax net, sees 30 percent revenue boost in last fiscal year. Finance Minister Muhammad Aurangzeb had a Zoom meeting with representatives of a global credit rating agency, Moody’s, The finance minister shares the details of the national economy with representatives of Moody’s in a virtualRead More →

Govt taking steps to eliminate non-filers economy: FinMin Aurangzeb He added that the World Bank has approved one billion dollar for the Dasu project which would make the economy stable ISLAMABAD (  WEB  NEWS  ) Reiterating the government’s seriousness to increase the tax-to-GDP ratio, Finance Minister Muhammad Aurangzeb remarked onRead More →

Present govt has taken all pragmatic measures to facilitate the business environment in Pakistan: Muhammad Aurangzeb Finance minister says Pakistan gradually moving toward economic stability & it is high time to invest in Pakistan ISLAMABAD  (  Web  News  ) A delegation of International Investors called on Federal Minister for FinanceRead More →

Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister The stock market is also at an all-time high, the foreign exchange reserves have not increased through the market, date stocks, but through market operations. The final tranche will be released by the International Monetary Fund later thisRead More →

Our direction regarding revival of country’s economy is quite clear: Finance Minister Muhammad Aurangzeb Says the mechanism regarding tax collection is being improved through reforms Says his negotiations with int’l financial institutions remained positive WASHINGTON  (  Web  News   ) Minister for Finance and Revenue Muhammad Aurangzeb has said that ourRead More →

Finance Minister Muhammad Aurangzeb says Pakistan will issue Panda Bonds worth $300 million this year to tap Chinese market Says country is heading in the right direction towards economic stability Says Pakistan will go for an IMF programme with at least three year duration ISLAMABAD   (  Web  News  ) MinisterRead More →

IMF mission in Pakistan to conduct the second review of the Stand by ArrangementMission calls on Federal Minister of Finance Muhammad Aurangzeb The finance minister thanked the IMF for their continued support & hopes for productive meetings during the second review ISLAMABAD  (  Web News  ) An IMF mission calledRead More →