The International Monterey Fund (IMF) has projected Rs. 14,307 billion (10.7 percent of GDP) as a tax collection target for… Read More
Punjab Education Department Seeks 350% Increase in Annual Development Budget
The Punjab Education Department has proposed a Rs. 90 billion development budget for the 2025–26 fiscal year to improve facilities… Read More
IMF Demands Pakistan to Collect Rs. 430 Billion More Tax Revenue Next Fiscal Year
The International Monetary Fund (IMF) has demanded that Pakistan raise an additional Rs. 430 billion through more taxes to meet… Read More
Govt to Finalize Economic Targets and Development Budget Soon
The federal government is set to finalize economic targets and development budget recommendations for the current and upcoming fiscal year… Read More
Cars and Auto Parts Likely to Become Cheaper After Budget
The federal government has proposed reducing duties on vehicles, auto parts, and industrial raw materials in the fiscal year 2025-26… Read More
Govt Considers Complete Withdrawal of Taxes on Infant Milk Powder in FY26 Budget
The federal government is considering removing all taxes on infant milk powder in the upcoming fiscal year budget, Food Minister… Read More
IMF Opposes Tax Relief for Salaried Class in FY26 Budget
The International Monetary Fund (IMF) thinks the Federal Board of Revenue (FBR) has proposed too high tax relief for salaried… Read More
Unused PSDP Funds Cross Rs. 10 Trillion As Govt Fails to Expedite Project Development
Unused development funds have crossed the Rs. 10 trillion mark as key ministries have failed to spend allocated funds to… Read More
Govt to Allow Import of 5 Year Old Used Vehicles in Upcoming Budget
Pakistan is considering permitting the import of 5-year-old used vehicles as part of broader economic reforms aligned with recommendations from… Read More
Govt Likely to Increase Capital Gains Tax on Property Sales in Upcoming Budget
The federal government is considering increasing the capital gains tax (CGT) on real estate transactions from 15 percent to 35… Read More
Pakistan’s Salaried Class Now Poorer Than Ever
Pakistan’s salaried middle class has seen its purchasing power plummet by nearly 50 percent in just four years, even after… Read More
Govt to Remove Rs. 120 Billion Import Taxes in FY26 Budget, Excludes Any Relief for Automobile Sector
Prime Minister Shehbaz Sharif has approved a Rs. 120 billion cut in import taxes in the upcoming budget, but has… Read More
