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Articles for tag: Damist, expected, Finance, Inflation, June, Ministry, remain

June 30, 2025

News Desk

Inflation is expected to remain a Damist at 3-4% in June: Ministry of Finance

A shopkeeper uses a calculator when selling spices and groceries along a shop in Karachi. – Reuters/file Run the current account 1.81 billion FY25 Removals increase by 28.8% to almost $ 35 billion. Large -scale production decreased by 1.52% FY25. Pakistan’s financial impulse remained stable by the financial year 2025 (FY25), with real GDP rising by 2.68% and inflation is expected to remain within 3% to 4% for June 2025, according to the finance ministry of Finance. The report underlined the improved tax and external positions of Pakistan the FY25. The current account published a surplus of $ 1.81 billion,

June 30, 2025

News Desk

Tax exemptions for Trust Frust Movale, others included in Bill Finance 2025-26

The FBR logo is placed at the headquarters of the Board of Directors in Islamabad. – FBR file/file The FBR has set a framework for tax credits for charities. SC Diamer Bhasha, Mohmand Dams Tax -free fund. Tax immunity to also apply to SBP, SECP and Fauji Foundation. ISLAMABAD: Days after Parliament approved by the 2025-26 funding bill on the upcoming use, it has come to light that the government has incorporated more than 50 tax exemptions, including the drafting of a former president and his widow, Karandaaz Pakistan, Trust Intervare Trust The news reported on Monday. The 2025-26 funding

June 25, 2025

News Desk

Pakistan, we to complete invoice talks next week: Ministry of Finance

A ruthless picture of Finance Minister Muhammad Aurangzeb speaking during an interview. – AFP/file Both sides agree to pursue a wider strategic cooperation. Pakistan offers to increase imports from us. Islamabad, Washington began to be official commercial talks on May 30. Pakistan and the United States agreed to complete their ongoing trade negotiations for mutual invoices until next week, according to a Treasury on Wednesday. Growth comes after a virtual meeting between Finance Minister Muhammad Aurangzeb and US Minister of Commerce Howard Lutnick. Pakistan is facing a possible 29% invoice to exports to the United States due to a $

June 21, 2025

News Desk

Pakistan is aiming for UN growth, using new car taxes to finance subsidies

An electric vehicle is connected to a charging station in Bilbao, Spain, February 15th 2023. – Reuters The tax on sales to be implemented “just approved” by parliament. Langrial says the FBR to identify non -registered businesses. The power address says that RS1.275TR is borrowed from banks. Islamabad: As part of its global climate commitments, Pakistan intends to increase the construction of electric vehicles (EVS) to 2.2 million units in the next five years, mainly electric motorcycles. However, the government is using new contributions for conventional car buyers to pay for these ambitious motives, which fell to lawmakers outside the

June 18, 2025

News Desk

Senate Finance Committee supports tax in elite clubs

A unused photo shows the Pakistani Senate Room. – Senate/Facebook The FBR leader says elite centers such as the Islamabad Club only serve the privileged. Describes basic income tax proposals for upcoming use. The profits, the assets of high -level clubs with billions of reserves to be taxed. A Senate Committee on Wednesday put its burden behind a proposal to tax the profits of the country’s private clubs, after some shocking revelations from the country’s tax leader. “These clubs are mere luxury nodes for a few privileged,” said Federal Revenue Council (FBR) chairman Rashid Mahmood Langrial, informing a meeting of

June 10, 2025

News Desk

The carbon levy on fuel proposed to finance green initiatives

A fuel worker holds a gasoline on a petrol pump. – Reuters/file A new carbon levy of Rs2.5 for FY26 and RS5 for FY27 is recommended. The contribution will fund climate action programs and green energy. Levy is imposed according to the IMF Diktat for climate resistance. Pakistan is expected to introduce a new carbon levy to gasoline, high -speed diesel and furnace oil, a move aimed at limiting excessive consumption of mineral fuel and creating critical capital for mitigating climate change and green energy programs. The proposed levy, which will initially remain in RS2.5 per liter, is expected to

June 3, 2025

News Desk

Aurangzeb confirms Pakistan’s commitment to economic growth in SCO Finance Meet Meet

Listen to the article Federal Minister of Finance and Revenue, Senator Muhammad Aurangzeb, reiterated Pakistan’s steadfast commitment to promote regional economic cooperation to the Minister of Finance of Shanghai (SCO) and the Treasury Ministers of Sangai. The virtual address underlined Pakistan’s continued dedication to promoting economic stability, prosperity and development within SCO. Senator Aurangzeb confirmed Pakistan’s active role in SCO, emphasizing his importance as a vital platform to strengthen economic ties between Member States. It returned SCO’s growing influence on regional development, trade and investment. Aurangzeb also expressed her gratitude to China for hosting the high -level concentration and emphasized

May 23, 2025

News Desk

US Department of Finance to end pen production by early 2026

Listen to the article The US Treasury officially confirmed that it would end the production of the Penny currency in early 2026, signaling a significant shift in US monetary policy after years of debate on currency utility and increasing cost of production. The move is followed by a directive by President Donald Trump issued in February 2025 and comes amid growing bilateral support in Congress to abolish the lower name of the US currency. The Ministry of Finance has rput an eForied order of its final order For Penny gaps, with officials declaring that the US Mint will continue to

April 4, 2025

News Desk

The Israeli Finance Minister says in talks with us to facilitate invoices

Listen to the article Israel is in talks with its main ally for the United States to reduce the invoices imposed by President Donald Trump in the context of a global lounge, according to the finance minister. Trump hit his friends and enemies with the sweeping prices of “Liberation Day” this week, making his announcement just a day after Israel uploaded all his other customs to US imports. Trump maintained some of the toughest tasks for the major trade partners, while the goods from Israel, a top US military beneficiary, were hit with a 17 % invoice. “The Treasury has

March 21, 2025

News Desk

He speaks to the IMF, without big obstacles: Minister of Finance

Finance Minister Muhammad Aurangzeb speaks during an interview with his office in Islamabad, July 19, 2024. – Reuters Minister says Pakistan in the final phase of IMF negotiations He says that $ 10 billion promised for flood recovery projects. Pollution, water crisis threaten economic stability. Islamabad: Finance Minister Muhammad Aurangzeb expressed the confidence that Pakistan will soon receive positive news from the International Monetary Fund (IMF), saying that the negotiations are in their final stages without significant obstacles. Speaking to reporters on Friday, the minister assured that Pakistan is on the right track to meet the IMF’s financial discipline goals.

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