IMF wants govt to increase fines on unregistered traders, tax for non-filers
Budget likely to introduce higher taxes on import of non-essential, luxury goods, including vehicles above 1300cc
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FINANCE
Govt assures IMF of transparency in SIFC operations
There will be no unequal investment opportunities, incentives, promises of guaranteed returns through forum
Pakistan assures IMF of increasing basic electricity tariff
Ministry of Power announces retail price of electricity expected to rise by Rs7 per unit
Tesla announces further 600 layoffs in California amid global job cuts
Elon Musk announced on April 15 company will fire over 10% of workforce worldwide - over 140,000 people
PSX witnesses new record: KSE-100 index soars above 75,000 points
Unprecedented boom witnessed as index surges by remarkable 563 points
Honda to cut workforce in China amid declining car sales
Consumers moving away from internal combustion engine cars toward plug-in hybrids, electric cars
Govt notifies major increase in driving license fees
Full license free hiked to Rs3,000, PSV license fee set at Rs10,000
IMF demands end to tax exemptions, incentives, privileges
FIA suggests changes in tax slabs for salaried class; IMF seeks tax raise on luxury car imports, WHT on new vehicles
KP govt set to impose new tax on tobacco
Move aims to generate additional revenue to be allocated to health sector
Gold rates per tola in Pakistan continue to drop
Gold price fluctuations are directly linked to changes in value of US Dollar
Pakistan-IMF talks Day 2: Fund told about priorities of economic reform agenda
Among key priorities are increase in tax-to-GDP ratio, reforms in tax machinery to raise revenue generation
Pakistani rupee makes marginal gains against US dollar
On Monday, local currency dropped 8 paisas, closed at Rs278.20
PSX hits all-time high: KSE-100 index crosses 74,500 points
KSE-100 index trades at impressive 74,509 points close to noon, reflecting overall bullish trend in market
PSX achieves economic milestone, as KSE-100 Index crosses 74,000 mark
KSE-100 index trades at 74,084 points, marking remarkable increase of 1,000 points
After introductory meeting, IMF stresses political stability for economic stability
Pakistan expects substantial bailout package of over $6 billion from IMF to bolster economy, address pressing fiscal concerns
Will not back down from expanding tax net, minister insists
Aurangzeb says Pakistan will have to go towards privatization for economic stability
Old imported vehicles may get pricier in budget; more taxes proposed
On IMF demand, authorities considering proposed abolition of sales, income tax exemptions
IMF concerned over political uncertainty in Pakistan despite elections
Fund says complications from political instability, inflation, social tensions can hinder reform implementation
IMF to hold talks with Pakistan on new loan next week: Official
Representative says purpose of negotiations is to lay foundation for better, stronger governance
No new tax amnesty, exemption in budget: Govt assures IMF
Proposal includes increasing annual FBR tax target by Rs1,698bn from Rs9,415bn to Rs11,113bn
Gold rates in Pakistan experience minor dip
Gold price fluctuations are directly linked to changes in value of US Dollar
Mobile SIMs of tax non-filers to be blocked from today
Telecom operators to send warning messages to first batch of 5,000 non-filers in first phase
Govt assures IMF of increases in electricity, gas tariffs from June
IMF also demands measures to stop electricity theft, improve transmission system
Massive hike in driving license fees announced
Notification specifies new charges for mandatory driving test for small and large vehicles
FBR considers legal action against non-blocking of tax non-filers' SIMs
Bureau also explores option of imposing 2.5% additional withholding tax on mobile phone usage by non-filers
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