The Senate Standing Committee on Finance and Revenue convened for its 5th session to study the provisions of the Income… Read More
This Budget Will Help Pakistan Get New IMF Loan: Moody’s
The federal budget 2024-25 will likely support Pakistan’s ongoing negotiations with the International Monetary Fund (IMF) for a new Extended… Read More
FBR to Seal Businesses and Restaurants For Refusing Debit/Credit Card Payments
The Senate Standing Committee on Finance and Revenue reviewed the Finance Bill 2024 under the chairmanship of Senator Saleem Mandviwala… Read More
National Assembly Budget Increased By Rs. 4 Billion
The budget for the National Assembly has been increased by Rs. 4 billion for the next fiscal year. The proposed… Read More
Roshan Digital Account Inflows Hit Highest Level in Over 2 Years
Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $224 million in May 2024, compared to $171… Read More
Senate Panel Calls for Tax Exemption on Mobile Apps For Freelancers to Boost Remittances
The Senate Standing Committee on Finance and Revenue advocated for the removal of all taxes from digital applications, highlighting the significant… Read More
Women Dismayed by Makeup Price Hike in Budget
Women throughout the port city of Karachi have expressed dismay over the anticipated price rise for essential makeup items following… Read More
Visa Fraud Prevention and Risk Management Summit Promotes Secure Digital Payments in Pakistan
Visa (NYSE: V), a world leader in digital payments, recently hosted Pakistan’s premier “Fraud Prevention and Risk Management Summit”. This… Read More
More Taxes Will Be Imposed on High Income Earners: Aurangzeb
Finance Minister Muhammad Aurangzeb on Thursday said higher taxes will be imposed on high-income earners next fiscal year. He also… Read More
Budget 2024-25: Salaried Class to Face Up to 35% Income Tax
The new income tax slabs for the salaried class under the federal budget 2024-25 revealed that a higher rate of… Read More
Govt Proposes to Increase Tax Rate on Capital Gains From Mutual Funds to 15%
The federal government has proposed a 15 percent tax rate on individuals who invest through mutual funds, reliable sources told… Read More
Govt Likely to Impose Up to 45% Tax Rate on Non-Salaried, AOPs
The federal government has introduced revised slab tax rates for non-salaried persons and Associations of Persons (AOP) with the basic… Read More
