The Higher Education Commission (HEC) has approved ongoing health benefits for its employees and their spouses amid financial strains. The… Read More
Govt to Raise High-Value Cash Sales Limit to Rs. 2.5 Million for Businesses
The federal government has proposed to increase limit from Rs. 200,000 to Rs. 2.5 million for disallowing expenditure attributable to… Read More
Govt Given NAB-Like Powers to Make Arrests in Simple Tax Matters
The Finance Act 2025 has expanded the definition of tax fraud under Section 2(37) of the Sales Tax Act. Businesses… Read More
Govt Forms Committee to Address Concerns Over New Tax Laws in Budget
A rift has emerged within the business community over the proposed nationwide strike on July 19, 2025, against the recently… Read More
Businesses Are Suffering Big Time After FBR Limits Cash Sales in Budget
The business community is facing serious problems in complying with a new income tax provision for disallowing 50 percent of… Read More
Amended Finance Bill Hikes Prices on Almost Every Car—Here Are All the Details
The federal government has finalized the implementation of the Climate Support Levy (CSL) as part of Budget 2025–26, replacing the… 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
Honda Increases Motorcycle Prices After Budget
Atlas Honda Limited, Pakistan’s largest motorcycle manufacturer, has raised prices across its lineup by Rs. 2,000 to Rs. 6,000 per… Read More
Govt Secretly Grants Over 50 Tax Exemptions Including SBP, Fauji Foundation, Army Welfare Trust, Others
The Finance Bill 2025–26 will receive the President’s nod today and introduces more than 50 tax exemptions for a range… Read More
Amended Finance Bill: Facilitators of Tax Evaders Now Face Legal Action, Including Jail
The federal government has introduced key legal changes in the Finance Bill 2025-26, redefining the term “accomplice” or “facilitator” to… Read More
Business Leaders Slam ‘Irresponsible’ FBR for Ignoring Errors in Finance Bill
Chairman of the Anomalies Committee (Business) Ehsan Malik has expressed serious concern over the irresponsible attitude of FBR Member Inland… Read More
Govt Goes Rs. 712 Billion Over-Budget in Past 2 Years Combined
The federal government has presented details in the National Assembly showing that it exceeded the approved budgets by a total… Read More
