The federal government has revised downwards the rates of profit up to 100 basis points (BPS) on all National Savings… Read More
Finance Minister Demands Shift from Donor-Driven Aid to Country-Led Development
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for a renewed global commitment to revitalizing international development… Read More
Govt Allows Pensioners to Get Re-Hired
The federal government has allowed re-employed pensioners to draw their pensions alongside their salaries, provided the salary is reduced by… Read More
FBR Imposes 15% GST on Marriage Halls, Hotels, Clubs, Farmhouses in Islamabad
The Federal Board of Revenue (FBR) has imposed a 5-15 percent General Sales Tax on a wide range of services… Read More
FBR Orders Hotels, Couriers and Other Services to Go Digital
The Federal Board of Revenue (FBR) has made it mandatory for a large categories of service providers to integrate their… Read More
FBR Massively Reduces Import Duties on Cars, Food, and Other Items
The Federal Board of Revenue (FBR) Monday issued customs notifications to reduce regulatory duties and Additional Customs Duties (ADCs) on… Read More
FBR Misses Out on Tax Revenue Target for FY25 Despite Record Collection
The Federal Board of Revenue (FBR) collected a provisional Rs. 11.735 trillion in taxes during the fiscal year 2024-25, recording… Read More
Huge Fee Imposed on Cash Withdrawal From ATMs of Other Banks
Banks have started increasing the per-transaction fee for cash withdrawals at automated teller machines (ATMs) from banks other than the… Read More
Govt Officially Slaps Rs. 2.5 per Liter Climate Levy on Petrol, Diesel, High-Octane
The government has officially imposed a climate support levy of Rs. 2.5 per liter on Motor Spirit (MS) petrol, High-Speed… Read More
Govt Offers Tax Credit on Interest Paid for Low-Cost Housing Loans
The government has introduced a new tax credit through Section 63A of the Finance Act 2025, allowing individuals to claim… Read More
LTO Karachi Collects Record Rs. 3.5 Trillion Tax in FY25
The Large Taxpayers Office (LTO) Karachi has collected a record Rs. 3.5 trillion revenue during fiscal year 2024–25, up 29… Read More
Neem Secures $4 Million Credit Line From HBL to Expand Earned Wage Access in Pakistan
Neem, Pakistan’s leading embedded finance platform, has secured a Rs. 100 million term sheet out of a total credit facility… Read More
