Pakistan receives $258 million from World Bank for it’s national health support program

According to CCTV news a Chinese news outlet, on June 8, Pakistan’s “National Health Support” program was approved by the World bank $258 million in funding provided. The world bank statement said the funds will be used to improve Pakistan’s primary healthcare system.
Pakistan likely to impose super tax on Commercial banks

According to Pakistan’s “Express Tribune” a news agency on June 7th , citing government sources, the Pakistani government may increase the super tax of commercial banks by 3 percentage points to 7%, and pay more attention to the profits generated from loans to the government. Pakistan levied a one-time super tax of 4% and 3% on […]
Pakistan sets higher goal for next fiscal year for tax revenue at $34.6 billion, Government considers raising tax on edible oil imports

Pakistan’s Federal Board of revenue (FBR) has discussed with Prime Minister Sharif a detailed plan to increase tax revenue by Rs 4,000-4,500 crore to achieve Rs 7.2 trillion in the new fiscal year. Business recorder an analytical news outlet reported that Pakistan has set a target of 34.6$ dollars for tax accumulation for this fiscal […]