The federal government has presented details in the National Assembly showing that it exceeded the approved budgets by a total… Read More
Govt Includes Chicks in Luxury Items in New Budget
The federal government has added a Rs. 10 federal excise duty on each day-old chick in the new budget. The… Read More
Govt Passes FY26 Budget With Rs. 463 Billion in New Taxes
The National Assembly on Thursday passed the Rs. 17.6 trillion federal budget for 2025-26 along with Rs. 463 billion in… Read More
Rs. 17.5 Trillion FY26 Budget Sails Through National Assembly
The National Assembly Thursday approved the federal budget for the fiscal year 2025-26, with some amendments to the Finance Bill,… Read More
Ineligible Persons Set to Get Major Relief With Rs. 100 Million Cash Withdrawal Limit
A new provision has been proposed in the amended Finance Bill 2025, allowing individuals classified as ineligible to withdraw up… Read More
Govt Set to Ease Penalties for Major Sales Tax Evaders in Amended Finance Bill
The government will announce major changes in the Finance Bill (2025-26) on June 26 to relax punishments for the biggest… Read More
Govt to Gradually End Sales Tax Exemption for Ex-FATA-PATA
The federal government has decided to gradually abolish the sales tax exemption in the former FATA and PATA regions, rejecting… Read More
IMF May Object to Relaxed Enforcement Measures in Amended Finance Bill
The International Monetary Fund (IMF) is likely to object to the government’s revised Finance Bill 2025 which eases key enforcement… Read More
Govt Imposes New Condition for FBR in High-Level Tax Fraud Cases
Under the amended Finance Bill 2025–26, the Federal Board of Revenue (FBR) is now required to constitute a three-member committee… Read More
Loose Milk Dominates Market While Legit Dairy Industry Suffers From Heavy Taxes, Claims Association
After the implementation of 18 percent GST on the dairy sector during the outgoing fiscal year 2024-25, tax revenue has… Read More
Govt Eases Buying Property and Cars for Non-Filers
Finance Minister Muhammad Aurangzeb on Monday announced Rs. 36 billion in new taxes. Originally, the government proposed to ban anyone… Read More
Govt Abolishes Tax on Long-Held Property Sales
The amended Finance Bill 2025–26 abolishes withholding tax on the sale of immovable property used as a personal residence for… Read More
