Pace (Pakistan) Limited has announced a sweeping restructuring plan that includes asset disinvestments, major equity issuances, and the acquisition of… Read More
Petrol is Getting a Huge Price Increase Soon
High Speed Diesel (HSD) and Motor Spirit (MS) Petrol may rise by Rs. 27/liter and Rs. 21/liter amid regional tensions,… Read More
Govt Eases Transaction Ban for Undeclared Asset Holders Ahead of Budget
The federal government has eased restrictions on high-value purchases by individuals with undeclared assets. The National Assembly Standing Committee on… Read More
E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget
The Chainstore Association of Pakistan (CAP) and the Pakistan E-Commerce Association (PEA), together with a broad coalition of e-commerce stakeholders—including… Read More
IMF Allows Import of 5 Year Old Used Vehicles
The International Monetary Fund (IMF) has approved the federal government’s proposal to allow the commercial import of five-year-old vehicles starting… Read More
FBR Pushes to Cancel Banks’ Special Tax Privileges in Budget
The Federal Board of Revenue (FBR) has recommended abolishing the Seventh Schedule of the Income Tax Ordinance 2001 to shift… Read More
Govt Eyes Rs. 30 Billion Extra Taxes Before Approving New Budget
The federal government is considering either imposing additional taxes of Rs. 30 billion or making equivalent spending cuts to ensure… Read More
Pakistanis May Soon Need Eligibility Certificate Before Buying Property, Cars
The Federal Board of Revenue (FBR) is likely to add a separate ‘Certificate of Eligibility’ tab on IRIS, as per… Read More
Senate Panel Rejects ‘Unconstitutional’ Carbon Levy on Petrol, Diesel
The Senate Standing Committee on Finance on Thursday decisively rejected the federal government’s proposal in the Finance Bill 2025 to… Read More
No More Free Ride: Online Academies, Teachers to Face Tax Under New FBR Plan
The federal government has approved a proposal to tax online private educational institutions and academies. The Federal Board of Revenue… Read More
FBR Exposes Major Tax Evasion by Sugar Mills
The Chairman of the Federal Board of Revenue (FBR) Rashid Langrial publicly disclosed the names of sugar mills involved in alleged… Read More
Govt Launches 15-Year Bond, Secures Rs. 1.2 Trillion At Auction
The Ministry of Finance has successfully raised over Rs. 1.2 trillion through a major auction of government bonds held on… Read More
