The Federal Board of Revenue (FBR) is preparing a phased enforcement drive against retailers who have stayed outside the tax net, after its simplified Asaan Tax Scheme attracted far fewer shopkeepers than the government had hoped. According to sources cited by ProPakistani, the first phase would target around 6,000 unregistered retailers, with gas and electricity...
An International Monetary Fund mission has begun a fresh round of review talks with Pakistani authorities in Islamabad, opening a roughly two-week assessment of the country’s progress under its $7 billion Extended Fund Facility and $1.4 billion Resilience and Sustainability Facility, even as officials head into the negotiations carrying a familiar mix of missed targets...
Finance Minister Muhammad Aurangzeb called the current salaried tax return form illogical while unveiling the Asaan Tajir mobile app for small traders, and confirmed Pakistan has sought a US Exchange Stabilisation Support Facility.