Daily Archives: May 12, 2017

Budget Proposals 2017/2018: FPCCI recommends standard sales tax at 14pc in VAT mode

KARACHI: The Federal Board of Revenue (FBR) has been urged to bring down sales tax rate to 14 percent in the budget 2017/2018 against the existing flat rate of 17 percent.

Revaluation study of GDP initiated: Dar

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Thursday said that the government has initiated a study on revaluation of the GDP as many sectors were currently not fully recorded in the national accounts.