The government will announce major changes in the Finance Bill (2025-26) on June 26 to relax punishments for the biggest… Read More
Govt Introduces Rs. 36 Billion in New Taxes in Budget 2025
The government has introduced new revenue measures amounting to Rs. 36 billion, including the imposition of a 10 percent Federal… Read More
Budget 2025-26: Govt Gives Income Tax ‘Relief’ to Salaried Class
The new income tax slabs for the salaried class under the federal budget 2025-26 revealed that a smaller rate of… Read More
Govt to Allocate Rs. 500 Million for Commercial Olive Farming
The federal government has proposed an allocation of Rs. 2.02 billion for the Ministry of National Food Security and Research… Read More
Govt to Empower FBR With Draconian Laws Against Businesses Involved in Tax Irregularities
The federal government is preparing to restore the powers of the Directorate General of Intelligence and Investigation wing of Inland… Read More
Small Cars to Go Beyond Reach of Pakistanis After Govt’s Latest U-Turn
The federal government is once again moving to increase the sales tax on locally manufactured or assembled motorcars with engine… Read More
OICCI Demands Tax Relief for Salaried Class in Upcoming Budget
The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to give immediate and substantial tax relief… Read More
Govt Approves IMF Demand to Make Electricity More Expensive Next Fiscal Year
Pakistan and the International Monetary Fund (IMF) have agreed that electricity tariffs will be increased through annual rebasing from July… Read More
Govt to Increase Salary and Pension of Its Employees in Budget
The federal government is evaluating four different proposals for salary increments in the upcoming budget, with final decisions expected in… Read More
FBR to Slap 10% Sales Tax on Goods Made in ex-FATA/PATA in Budget
The Federal Board of Revenue (FBR) has proposed a 10 percent sales tax on goods manufactured in the ex-tribal areas… Read More
Govt Rejects Proposal to Increase Sales Tax on Small Cars in Budget
The federal government has decided not to increase sales tax on locally manufactured or assembled motorcars of cylinder capacity up… Read More
Govt to Double Withholding Tax on Cash Withdrawals by Non-Filers
The government is expected to increase the burden on non-filers in the next fiscal year by doubling the withholding tax… Read More
