IMF Says Pakistan’s Federal Tax Growth to Stay Flat; Provinces to Drive Future Revenues
Pakistan’s federal tax revenue is expected to show little improvement over the next five years, according to a new assessment by IMF. The Fund said that despite a noticeable jump in the tax-to-GDP ratio in FY25, most future revenue growth will come from provincial taxes not federal collections. The IMF noted that FBR receipts increased […]
Millat Tractors to Export Own-Brand Tractors to Africa Under New Global Deal
Millat Tractors Limited has announced a major step toward expanding its global reach after signing a new agreement with Massey Ferguson Corp. and AGCO Limited. The deal gives Millat Tractors official rights to export tractors to African markets directly under its own trademark, marking an important milestone for the company and the country’s industrial sector. […]