Banks to fund EVs, efficient homes and SMEs – DAWN.com
ISLAMABAD: As the government seeks greater financial inclusion, the banking industry has offered loans to efficient homes, electric vehicles and small and medium-sized enterprises, conditional on improved availability of consumer scorecard data. At a meeting chaired by Finance Minister Mohammad Aurangzeb, the banking industry sought support from utilities, particularly gas, electricity and telecom companies. These […]
FBR plans digital invoicing, audits as tax gap hits Rs7tr – DAWN.com
ISLAMABAD: The country's tax revenue shortfall ballooned to a staggering Rs7 trillion in the last fiscal year (FY24), up from Rs1,289 billion in FY22, Dawn learned from sources, highlighting the urgent need to strengthen tax compliance to meet IMF targets. This significant increase, almost equal to the Federal Board of Revenue's (FBR) total collection for […]