Pakistan News

    Mtmis Punjab Token Tax Pakistan

  • Lending to small farmers needs more than token agreements

    THE State Bank of Pakistan (SBP) has been advising the commercial banks since the 1980s to give more loans to priority sectors, including agriculture...

    Developing legal frameworks for secured transactions and an electronic movable collateral registry is one measure to improve financial access in Pakistan...

  • Opposition stages token walkout over wheat growers ‘plight’

    LAHORE: Opposition in the Punjab Assembly on Monday staged a token walkout over what it called discrimination against farmers, saying the government had stopped the sale and distribution of gunny bags after reducing its wheat procurement target by 30 per cent...

    Ahmad Khan of Pakistan Tahreek-i-Insaf said the government had reduced the wheat procurement target to 70 per cent...

  • Rickshaw drivers protest high token fee

    TOBA TEK SINGH: Rickshaw drivers observed a complete strike at Kamalia on Tuesday over alleged collection of Rs2,500 token fee per rickshaw by the Excise and Taxation department...

    Rickshaw drivers union office-bearers announced if the forced collection of token fee as lump sum did not stop, they would continue their protest daily...

  • PIA employees go on token strike

    KARACHI: Hundreds of Pakistan International Airlines (PIA) employees suspended their regular work for more than two hours and staged a protest demonstration at Karachi airport against proposed privatisation of the national flag carrier which hit the routine operation of the airline...

  • Token hunger strike by MQM over media ban on Altaf’s speeches

    KARACHI: Dozens of leaders and elected representatives of the Muttahida Qaumi Movement began their 12-hour token hunger strike on Friday against a Lahore High Court ban on broadcast of party chief Altaf Hussain’s speeches...

    Last year in August, a full bench of the LHC while hearing petitions against the MQM chief’s controversial remarks against the armed forces had directed the Pakistan Electronic Media Regulatory Authority (Pemra)...

  • Situationer: PML-N content with a token presence in Sindh?

    HYDERABAD: The prime minister’s political foray into Sindh on Thursday tends to show that he is trying to build up a ‘federal image’ for the Pakistan Muslim League-Nawaz in the run-up to next year’s general election...

    By visiting Thatta’s Shirazis in spite of reports that they are in touch with the Pakistan Peoples Party for yet another somersault — their hallmark over the years — Nawaz Sharif made it clear that he wants to win them...

  • Pope Francis meets Erdogan in Vatican City, gifts token of peace

    Turkish President Recep Tayyip Erdogan met Pope Francis on Monday while police enforced a protest ban in central Rome as feelings run high over Turkey's offensive against Kurdish militia inside Syria...

    During the 50-minute audience, Pope Francis gave Erdogan a medallion embossed with an angel strangling a “demon of war”, a symbol of peace and justice
  • Representation of women in elections remains token

    The three biggest parties — Pakistan Muslim League-Nawaz (PML-N), Pakistan Teh­re­ek­-i-Insaf (PTI) and Pakis­tan Peoples Party (PPP) — issued tickets to the minimum number of women as is possible under the law — barely following the official five per cent re­­qu­­i­re­­­ment...

    Women should not be nominated as “token” candidates out of charity, they add...

  • Weak personal income tax compliance affecting tax culture in Pakistan: report

    ISLAMABAD: A new United Nations report says that the weak personal income tax (PIT) compliance in Pakistan poses serious questions about the accountability and fairness of the system and this in the long run casts a shadow on the efforts to create conducive tax culture in society...

    The importance of closing the per­sonal income tax loopholes exploited by the rich should not be overlooked, says the report released by the United...

  • No new tax on existing tax-payers: FBR chief

    ISLAMABAD: The government unveiled on Wednesday outline of next year’s federal budget, envisaging tax target of Rs3...

    Federal Board of Revenue Chairman Tariq Bajwa said that the burden of taxes would not be increased on tax compliant people...

  • 'One nation, one tax': Indian parliament passes landmark tax reform bill

    NEW DELHI: India's upper house of parliament on Wednesday passed a landmark tax reform bill that will pave the way for the introduction of a new national sales tax, creating a common market across the country for the first time...

    After hours of debate, lawmakers unanimously voted in favour of introducing the long-awaited Goods and Services Tax (GST) after Prime Minister Narendra Modi's government reached a consensus with the Congress...

  • Widening tax net: Nawaz launches Voluntary Tax Compliance scheme

    ISLAMABAD: Prime Minister Nawaz Sharif has urged the business community to pay taxes transparently for greater development and prosperity, through the launch of the Voluntary Tax Compliance scheme...

    "Nawaz said the situation in the country has improved in comparison with the state of affairs 3-4 years ago, Radio Pakistan reported...

  • Record 2.5m tax returns filed for tax year 2018

    ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced that nearly 67 per cent more income tax returns were received for the tax year 2018 compared to the preceding year...

    51 million tax returns for the first time in its history as against 1...

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