The crisis has been driven by an unprecedented combination of excessive taxation, soaring electricity tariffs, and a flood of under-invoiced yarn and fabric imports, particularly from China and other regional markets, as reported by Dawn.
Opposition lawmakers in the Sindh Assembly criticised worsening transport, garbage management and water shortages in Karachi and Hyderabad. The provincial government promised expanded bus services, stricter traffic laws and a new taxi scheme. Multiple call attention notices raised concerns o
Teams from the Health Department, Health Safety & Regulation, Food and Drug Administration, Excise & Taxation Department and the Police jointly inspected several establishments. Officials found that many venues were discreetly offering Sheesha (Hukkah), often under the guise of fl
Minister of Finance and Corporate Affairs Nirmala Sitharaman said on Saturday that a complete overhaul of the customs system would be her next major assignment as part of broader efforts to reform the economy.
Aparna Karan, Principal Chief Commissioner of Income Tax, on Friday attended an outreach programme on 'Compliance Under the Income Tax Act and Taxpayers' Services' at the ONGC Auditorium, organised by the Principal Commissioner of Income Tax Office, Dehradun.
"This budget reflects MCD's unwavering commitment to better service delivery, environmental sustainability, and citizen convenience, through MCD's initiative aimed at providing ease of doing business and ease of living--without increasing the tax burden. We are working consistently to ens
Teams including Canada, Namibia, Egypt, Austria, China, Bangladesh, Korea, Oman, and tournament officials arrived through the morning for the special visit, experiencing South India's most cherished and indigenous sporting traditions first-hand. Present on the august occasion to greet and in
Union Finance Minister Nirmala Sitharaman, while replying to the discussion in Rajya Sabha, said the higher duties on cigarettes will be shared with the states. "This is not a cess but excise duty. The amount will be redistributed to the States as per the Finance Commission's recommendati
Speaking during a discussion in the Rajya Sabha, Tiwari alleged that the Centre was presenting its decisions as acts of goodwill. At the same time, in his view, the impact on the public remained adverse.
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
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
The global fintech platform Pine Labs reported a profit of Rs 6 crore in the second quarter of FY26, marking a strong turnaround from a loss of Rs 32 crore during the same quarter last year.