President Asif Ali Zardari has approved the Finance Bill 2024 under Article 75 for fiscal year 2024-25. The approval comes… Read More
Govt Imposes 1% Advance Tax on All Exporters
The exporters of goods, whether direct or indirect exporters, shall be subject to advance tax at 1 percent of the… Read More
Govt Exempts FBR From Paying Court Fees on Filing Cases Against Taxpayers
The government has exempted Commissioner Inland Revenue from payment of a court fee of Rs. 50,000 on filing an income… Read More
Relief Provided to Salaried Class in Budget: PM
Prime Minister Shehbaz Sharif Friday said relief has been provided to the salaried class, pensioners, and laborers in the budget.… Read More
CCP Initiates Action Against Multiple Beverage Manufacturers Over Misleading Packaging
Competition Commission of Pakistan (CCP) has initiated action against fifteen beverage manufacturers for disseminating, prima facie, false and misleading information through… Read More
Govt Slaps 10% Surcharge on High Earners
The federal government has imposed a 10 percent surcharge on the tax liability of high-earners under the Finance Bill 2024.… Read More
Customs Intelligence Detects 8 Ghost Exporting Units
The directorate of Customs Intelligence, Karachi continues its crackdown on down against ghost exporting units availing duty and tax exemption… Read More
Banks to Observe Extended Working Hours on the Weekend
To facilitate the taxpayers in payment of Government duties / taxes through Alternate Delivery Channels (ADC’s) and Over-the-Counter facilities, it… Read More
Govt Imposes Fixed Tax of Up to Rs. 1.5 Million on Residential Plots
The federal government has imposed a capital value tax (CVT) on farmhouses and big houses in Islamabad. According to the… Read More
Budget 2024-25 Round-Up: All You Need to Know About New Taxes
The 2024-25 federal budget has been officially passed by the National Assembly during its session in Islamabad today. Finance Minister… Read More
National Assembly Approves Increase in Travel Allowances of Lawmakers
The National Assembly Friday approved an amendment proposed by the Pakistan People’s Party (PPP) to increase the allowances of its… Read More
IMF-Aligned Budget Sails Through National Assembly
The National Assembly on Friday approved the tax-heavy FY25 budget, ahead of talks on a new International Monetary Fund (IMF)… Read More
