Search For "pakistan tax"
Pakistan's "fake tax boom" exposed as system remains broken
Updated : 7 months ago IST
Despite higher tax filings and a 15.7% tax-to-GDP ratio, Pakistan's taxation system remains weak. Many returns report zero income, salaried workers bear the largest burden, and exemptions weaken revenue. Experts say real progress requires genuine compliance, broader taxation of the wealthy a
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Pakistan's tax machinery fails as elites enjoy wealth, pay nothing
Updated : 8 months, 1 week ago IST
Around half of the 5.9 million income tax returns filed for the year 2024 showed zero income, despite many of these taxpayers living in luxury.
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IMF raises concerns over Pakistan's missed tax goals, delayed legal settle
Updated : 8 months, 1 week ago IST
The International Monetary Fund (IMF) expressed serious concerns over Pakistan's failure to meet tax collection targets and the ongoing delay in resolving tax-related court cases amounting to over PKR 170 billion, currently pending before the Constitutional Bench of the Supreme Court, The Ex
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IMF denies Pakistan's request for tax exemptions on foreign investment pro
Updated : 1 year, 2 months ago IST
The International Monetary Fund (IMF) has turned down Pakistan's request for tax exemptions on foreign investment projects, as reported by the Express Tribune.
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Pakistan Peoples Party to oppose Tax Amendment Bill
Updated : 1 year, 5 months ago IST
Pakistan People's Party's Member of National Assembly Mirza Ikhtiar Baig on Monday (local time) said that his party will oppose propsed Tax Amendment Bill which aim to freeze the bank account of non-filers.
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PoGB's Linda Bazaar struggles to survive amid soaring inflation, declining
Updated : 1 year, 6 months ago IST
The market, a popular destination for locals seeking affordable winter clothing, has become eerily deserted, leaving traders and shopkeepers facing an uncertain future
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Pak govt's austerity measures: Ban on purchase of vehicles, medical treatm
Updated : 1 year, 9 months ago IST
Pakistan's government imposed a "complete ban" on specific expenditures, including the purchase of new vehicles, machinery, and state-funded medical treatment abroad, a statement by the Finance Division stated, as per Dawn's report.
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PoGB traders warn of protest over tax collection issue
Updated : 1 year, 9 months ago IST
The local traders of Pakistan-occupied Gilgit Baltistan (PoGB), who manage their livelihoods from the goods passing through the Sost Dry Port, have been protesting for several weeks over the issue of illegal tax collection despite the PoGB's chief court ordering otherwise.
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Pakistan: Traders community observes strike against high taxes and inflate
Updated : 1 year, 9 months ago IST
President All Pakistan Traders' Association, Ajmal Baloch said no talks are being held with the government and they are observing a strike across Pakistan.
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Awami Action Committee protests against tax hikes, wheat supply failures i
Updated : 1 year, 9 months ago IST
The demonstration was in response to the imposition of new taxes, a reduction in the wheat quota for July, and a failure to supply wheat for the past two months.
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PoGB: Sit-in protest intensifies, traders demand immediate tax relief
Updated : 1 year, 10 months ago IST
Traders in Pakistan-occupied Gilgit-Baltistan have ramped up their sit-in protests at Sost Dry Port, demanding the implementation of court orders that stopped tax collection by customs officials, local digital media outlet Voicepk.net reported.
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In yet another curse for locals, Pakistan taxes wheat flour heavily
Updated : 1 year, 10 months ago IST
The rampant inflation and heavy sales tax imposed upon all commodities by Pakistan has now become a matter of severe concern for the general public.
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