Federal Budget

Federal funds proposes increased taxes on imported luxurious autos

ISLAMABAD: The federal government has proposed new tax measures focusing on imported luxurious autos and SUVs as a part of its upcoming funds, aiming to extend income from high-end vehicles, official paperwork confirmed. Underneath the proposal, a Federal Excise Responsibility (FED) can be imposed on imported autos and SUVs with engine capacities starting from 2,000cc…

Pakistan more likely to unveil federal finances on June 10

Naveed Ahmad3 weeks ago3 weeks ago02 mins

ISLAMABAD: Pakistan’s federal finances is not going to be introduced on June 5 as beforehand anticipated, based on official sources. Sources stated a gathering of the Nationwide Financial Council (NEC), scheduled for June 3, has been postponed and a proper notification has been issued. In line with the notification, a brand new date for the…