Pakistan’s finance minister, Muhammad Aurangzeb, announced during the latest budget speech that the spouses of deceased government employees will now… Read More
Govt Imposes Massive Tax on Online Shopping and Cash on Delivery
The government is set to add a new provision to charge tax under section 6A on digitally ordered goods and… Read More
Items With No Barcodes or Tax Stamps Will Now Be Seized
The government has announced new rules under the Federal Excise Duty (FED) regime in a move to tighten tax enforcement.… Read More
Govt Announces Special Relief Allowance for Armed Forces
The government has approved a special relief allowance for officers and soldiers (JCOs) of the armed forces in recognition of… Read More
Govt Approves 18% Sales Tax on Solar Panel Imports
The federal government has approved the new 18 percent sales tax on solar panel imports in the federal budget 2025-26,… Read More
Govt Reduces Advance Tax on Purchase of Immoveable Property by Filers
The government has approved a 1.5% reduction in the advance tax rate for filers on the purchase of immovable property,… Read More
Govt Gives Super Tax Relief to High-Net Worth Individuals
The federal government has proposed a reduction of up to 10 percent in super tax rates for individuals with annual… Read More
Good News for Property Owners as Govt Announces Advance Tax Exemption
The federal government is set to give taxpayers who have held a property for personal use for at least 20… Read More
Govt Increases Advance Tax on Sale or Transfer of Immovable Property
The government has proposed a 1.5% increase in the advance tax on the sale or transfer of immovable property, according… Read More
Govt Increases Advance Tax on Cash Withdrawals for Non-Filers
The federal government has increased the rate of deduction of advance tax on cash withdrawals by non-filers. Previously, the rate… Read More
Govt Increases Tax Rates on Dividends from Mutual Funds
In the budget for fiscal year 2025-26 (FY26), the government has decided that tax rates in case of mutual funds,… Read More
Budget 2025-26: Govt Gives Income Tax ‘Relief’ to Salaried Class
The new income tax slabs for the salaried class under the federal budget 2025-26 revealed that a smaller rate of… Read More
