Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, sig
Islamabad [Pakistan], June 25 (ANI): Owing to the demand of the International Monetary Fund (IMF) withdrawing relief given on June 10, Shehbaz Sharif government on Friday increased the tax rates for the salaried class.
Islamabad [Pakistan], May 20 (ANI): Reeling under an adverse economic crisis, the Pakistan incumbent government has finally agreed on implementing most of the demands laid out by the International Monetary Fund (IMF), in order to receive the next IMF loan tranche.
Islamabad [Pakistan], November 17 (ANI): Pakistani Finance Adviser Shaukat Tarin has said that IMF gave Pakistan a list of five major prior actions for the resumption of its six billion dollars Extended Fund Facility (EFF), local media reported.