punjab finance minister pushes for economic documentation and tax reforms

Punjab Finance Minister Pushes for Economic Documentation and Tax Reforms

Punjab’s Finance Minister, Mujtaba Shujaur Rehman, highlights the pressing need to document the economy. He states that the provincial government will make changes to the Punjab Sales Tax Act to make its revenue authority more effective. Additionally, the government plans to update tax rates set by the Board of Revenue, which have remained unchanged for…

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pakistan considers introducing digital currency, finance minister reveals

Pakistan Considers Introducing Digital Currency, Finance Minister Reveals

Pakistan’s Finance Minister, Muhammad Aurangzeb, revealed at the World Economic Forum (WEF) special meeting in Riyadh that the government is thinking about bringing digital currency into the country. Aurangzeb talked about Pakistan’s interest in adopting digital currency, saying, “We make Rs9.4 trillion in yearly revenues, but still, half of our economy is not documented.” He…

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