The federal government has discussed increasing the tax on income earned via savings accounts and bank deposits with the International… Read More
Govt Likely to Approve Crucial Economic Targets for Next Fiscal Year Today
The federal government has proposed an economic growth target of 4.2 percent and an inflation cap of 7.5 percent for… Read More
Govt Finalizes Rs. 1.2 Trillion Loan With 18 Banks to Pay Off Circular Debt
The federal government has finalized a Rs. 1.275 trillion loan agreement with 18 commercial banks to reduce the power sector’s… Read More
PRL Receives Bids for Refinery Expansion and Upgrade Project
Pakistan Refinery Limited (PSX: PRL) has received bids for the Engineering, Procurement, Construction, and Finance (EPCF) component of its Refinery… Read More
Govt to Increase Sales Tax on Small Cars
The prices of locally manufactured or assembled cars with an engine capacity of up to 850cc will increase from July… Read More
Govt Likely to Approve Record Rs. 4.1 Trillion Development Budget Today
The federal government is set to approve a record Rs. 4.1 trillion national development budget for fiscal year 2025-26. The… Read More
Banks Are Delaying Import Payments
Commercial banks are delaying import-related payments due to a dollar shortage caused by upcoming foreign debt repayments and conditions on… Read More
Govt to Hold Crucial Pre-Budget Meeting Tomorrow
The budget process enters a crucial phase as the Annual Plan Coordination Committee (APCC) is scheduled to meet tomorrow (June… Read More
Govt to Make Petrol, Diesel More Expensive to Encourage Shift Towards EVs
The federal government plans to impose another levy on petrol and diesel vehicles in the upcoming budget to establish a… Read More
IMF Allows Pakistan to Cut Tax Rates for Salaried Class in Upcoming Budget
The International Monetary Fund (IMF) and Pakistan are nearing an agreement to reduce income tax rates for the salaried class… Read More
IMF Furious With Pakistan for Allocating 2,000MW Electricity to Bitcoin Mining Projects
The International Monetary Fund (IMF) isn’t happy with Pakistan over its decision to allocate 2,000 megawatts of electricity for Bitcoin… Read More
PTBA Asks FBR to Extend E-Invoicing Deadline for Corporate Taxpayers
Pakistan Tax Bar Association (PTBA) has requested Chairman Federal Board of Revenue (FBR) to extend the deadline beyond June 2025… Read More
