ISLAMABAD: The Auditor General of Pakistan’s report for 2024-25 has revealed alarming tax shortfalls and widespread accounting discrepancies, resulting in a tax gap of Rs789.92 billion. The findings ...

KARACHI: The Banking Mohtasib of Pakistan (BMP) provided the complainants with almost Rs1 billion in relief in the first nine months of the current calendar year. However, what is more serious is the ...

ISLAMABAD: The government has closed fiscal year 2023-24 with budget deficit of 6.8 percent of the gross domestic product (GDP) or Rs7.206 trillion despite provincial budget surplus of Rs518.213 ...

ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine months (July-March 2023-24) of the outgoing fiscal year following provincial surplus ...

slamabad, known for its posh houses and trendy expensive cafes, is a city of wealthy and influential people. Wide avenues, neatly marked lanes, green and clean medians, rows of flowerbeds and clean ...

HCLTech and Google Cloud announced a substantial extension of their long-standing cooperation, with new capabilities and service options to accelerate business migration to Google Cloud. HCLTech, a ...

Phoenix Mills Limited (PML) will make Classic Mall Development Company Limited (CMDCL) its wholly-owned subsidiary after buying a 50% stake from Crest Ventures Limited and Escort Developers Limited.

The East Central Railway (ECR) has been allocated Rs6,549 crore in the Union Budget, ECR chief public relations officer (CPRO) Rajesh Kumar said on Friday. The ECR will get Rs6,057 crore through ...

The government received a bumper ₹7,839 crore as dividend from Nuclear Power Corporation of India Limited (NPCIL), Power Grid Corporation of India Limited, NMDC, GAIL among others, taking the total ...

The Central Director of National Savings (CDNS) has set an annual gross receipt target of Rs980 billion from July 1 to June 30th of current Fiscal year 2021-22 to promote the culture of saving in the ...

We had mentioned in Wednesday’s closing report that Nifty, Sensex’ upward momentum is reducing. The major indices ended were volatile today and ended with losses. On the NSE, there were 759 advances, ...

ISLAMABAD: Pakistan has lost a record Rs972.4 billion in tax exemptions in the outgoing fiscal year, which is higher by 80% or Rs431 billion than the previous year, and a significant part of it will ...