News
Minimum tax for certain traders doubled
4+ hour, 18+ min ago (243+ words) Finance Bill 2026 proposes significant tax amendments, including increasing the minimum tax rate for distributors and wholesalers of various goods, alongside changes for terminal operators and manufacturers. ISLAMABAD: Finance Bill 2026 has increased the rate of minimum tax from 0. 25 percent to 0. 5 percent…...
ACCA's report guides how to create sustainability info when data is incomplete, uncertain
3+ mon, 1+ week ago (267+ words) Business Recorder KARACHI: Data-related challenges are among the most significant obstacles preventing organisations from producing reliable sustainability information. ACCA's latest report "Sustainability reporting: working with estimates' provides practical guidance on how to create sustainability information when data is incomplete, uncertain…...
India panel proposes exempting taxes on health, life insurance
9+ mon, 3+ week ago (222+ words) NEW DELHI: A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance premiums for individuals, two state ministers told reporters on Wednesday. The panel met days after Prime Minister…...
Punjab launches first "Life Insurance Company
10+ mon, 6+ day ago (230+ words) LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that the Punjab government has taken a new step in. .. LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that the Punjab government has taken a new step in the realm of social…...
SECP strongly recommends that personal lines insurance should be exempted from ST
10+ mon, 1+ week ago (988+ words) ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has strongly recommended the Federal Board of Revenue (FBR) to exempt personal lines insurance from the sales tax including health insurance. The SECP on Wednesday released a comprehensive report titled "Healthcare…...
Crescent Star Insurance resumes guarantee-backed business
10+ mon, 2+ week ago (138+ words) Crescent Star Insurance Limited (CSIL) announced on Thursday that it had resumed its guarantee business. This was shared by the company in a notice to the Pakistan Stock Exchange today. The CSIL said that the Islamabad High Court had set…...
India plans to tighten oversight of claims portal to curb rising healthcare costs, source says
11+ mon, 3+ day ago (262+ words) NEW DELHI: India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters. Healthcare costs in India are projected to rise by 13% in…...
Auto disconnection of POS system: FTO directs FBR to develop forewarning system
11+ mon, 5+ day ago (266+ words) The tier-1 retailers had lodged a complaint before the FTO that there has been no automatic version change in the POS system and both the offline component and offline API versions have remained unchanged for the past three years. They…...
Health insurance plan to continue uninterrupted: minister
11+ mon, 1+ week ago (241+ words) LAHORE: Provincial Health Minister Khawaja Salman Rafique has said that the health insurance program for the people of Punjab will continue uninterrupted. Salman said the Punjab government has recently paid Rs 22 billion in the last five years in terms of…...