ISLAMABAD: The government is expected to keep the standard rate of General Sales Tax (GST) unchanged at 18% for the upcoming budget 2023-24, reported The News. The government is also working on jacking up rates of withholding taxes where applicable and possessed the potential to increase tax revenues. The government also considered amendments for retailers to...
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Pakistan among 20 countries at risk of heavy rainfall this year
Pakistan is among 20 countries that are facing the threat of excessive rainfall as the El Nino oceanographic phenomenon is forecast to return in June, a United Nations report said. According to the report by the Global Information and Early Warning System (GIEWS) of the Food and Agriculture Organisation (FAO), there is a risk of...
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US should restore Pakistan’s military financing, sales: Masood Khan
WASHINGTON: Pakistan’s Ambassador to the United States Masood Khan on Thursday urged Washington to restore foreign military financing and foreign military sales for Islamabad, which was suspended by the Trump administration. Addressing a conference on ‘The Future of Pakistan-US relations’ at renowned US think-tank Wilson Centre, Khan cautioned about the serious perils of the policy...