Supreme Court rules against the government to impose higher GST

Supreme Court issued an order today to instruct the government that their action to raise GST through an ordinance is unconstitutional and the government must stop collecting it. Government has issued an ordinance on June 13th to collect GST [...]

FBR issues list of items exempt from GST

Central board of Revenue (CBR) of Pakistan has issued a list of items that are exempt from payment of GST. These items mostly include basic food staples like milk, bread, sugar and cooking oil. FBR also issued items on which the GST will not [...]

Attorney general defends immediate imposition of GST

Attorney General (AJ) of Pakistan Munir A Malik has defended the decision of the government to impose GST before the approval of budget by the national assembly. A case has been filed in the Supreme Court of Pakistan to prevent the government [...]

Ishaq Dar defends 1% increase in the GST

Briefing the Senate Standing Committee on Finance, Senator Ishaq Dar refuse to give in to the pressure from the opposition party to reduce GST to the prior level of 16%. In the new budget the government has proposed the GST to be 17%. He said [...]

Heated debated in the parliament on imposition of GST

Newly elected government of PML N is facing increased opposition from Jamat-e-Islami and PTI against the imposition of general sales tax announced in the budget proposal. Finance Minister Ishaq Dar announced to increase the GST to 17% in his [...]