Finance
Finance
UAE to Halt Visa for Unskilled Workers
The UAE is now focusing on attracting skilled workers.
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Government Halts Tax Relief for Property Purchases
It is reported by Express Tribune that the government has halted property tax relief, which was going to be announced to force growth in 2020.
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NA Committee on Finance Postpones Tax Amendment Bill 2024
The Tax Amendment Bill has been postponed by the NA Committee on Finance
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Pakistani remittance inflows remain stable for the month of Jan.
Overseas send US$3 billion in remittance inflows for the month of January.
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Govt expected to give relief on Property Transfers
It is expected the government might withdraw excise duty on property transfers.
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Honhaar Scholarship Scheme expansion approved by CM Punjab
CM Punjab set the criteria that the minimum grades of students should be 65% to qualify for it.
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Pakistan Is Now Moving Towards Growth: Fitch
Still, there are concerns about reforms and tax shortfalls.
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Gold prices have surged in Pakistan and globally.
Gold prices are increasing due to global tension and the Middle East conflict.
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FBR demands additional staff and more logistics to increase taxes.
FBR has been facing a tax shortfall due to its overestimated targets and low growth of the Pakistan economy.
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Pakistan signs a $1.2 billion oil deferred payment agreement with KSA.
It is expected that it will help to tackle the balance of payment issues.
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Pakistan's Exports Reach $2.92B in January 2025
Current Account Surplus Likely for Pakistan with $2.92B Exports.
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