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The Inland Revenue Service (IRS) is a department of the Federal Board of Revenue (FBR) in Pakistan. It was established in 2009 and holds the responsibility for overseeing various aspects of domestic taxation, encompassing Sales Tax, Income Tax, and Federal Excise Duty.
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers. [ 2 ]
The Ministry of Finance is a cabinet-level ministry of the government of Pakistan that is in charge of government finance, fiscal policy, and financial regulation. A Finance Minister, an executive or cabinet position heads it. The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.
Pakistan Today has a satirical column called Khabiristan Today.Since its material is often unfamiliar, its satire is sometimes lost on Western audiences. This was the case in 2014 when an article claiming the Pakistani Council of Islamic Ideology issued a proclamation stating all women are intrinsically weaker than men, was picked up by both internet and mainstream news sources.
The Express Tribune is a daily English-language newspaper based in Pakistan.It is the flagship publication of the Lakson Group media group. [1] It is Pakistan's only internationally affiliated newspaper in a partnership with the International New York Times, the global edition of The New York Times.
The Gazette of Pakistan (Urdu: سرکاری جریدہَ پاکستان) is the official government gazette of the Government of Pakistan. This Gazette provides information about government acts, ordinances, regulations, orders, S.R.Os, notifications, appointments, promotions, leaves, and awards.
That month Pakistan also ended a four-year streak of outflows (totaling $1.4 billion) in Treasury Bills, earning $875 million. According to Bloomberg, Pakistan's stock became the "world’s best performer", increasing 73% in the past 12-months. Treasury Bill yields became some of Asia's highest, while foreign reserves rose to a two-year high. [73]
This was the first newspaper of Pakistan that came in a colored form. He suffered many hardships and was put behind the bars due to some clashes with the government for some time. The newspaper was then handed over to Mujeeb ur Rehman Shami. Prior to taking over Daily Pakistan, he was Editor-in-Chief of the Weekly Zindagi, Lahore.