The Global System for Mobile Communications Association (GSMA) has asked the federal government to reduce taxes on the use of… Read More
Govt Likely to Double Tax on Fertilizers and Impose Duty on Pesticides in FY26 Budget
The federal government wants to increase the federal excise duty on fertilizers to 10 percent and impose a new 5-10… Read More
FBR Chairman Says Tax Relief to Industry Creates Revenue Shortfall And Wants Someone to Pay for It
Various industrial sectors presented their budget proposals during a Senate Standing Committee on Finance meeting, chaired by Senator Saleem Mandviwalla.… Read More
Govt Considering Increasing Tax Exemption Threshold for Salaried Class
The federal government is considering giving a relief in terms of income tax to those with lower monthly incomes. Sources… Read More
Govt May Impose Income Tax on Higher Pensions Under IMF Demand
The federal government is planning to introduce a small income tax on higher pensions in the upcoming financial year’s budget.… Read More
Govt to Make Pakistanis Pay Rs. 2 Trillion More Tax Next Fiscal Year
The federal government is preparing to raise next fiscal year’s tax collection target by Rs. 2 trillion to Rs. 14.3… Read More
OICCI Recommends Gradual Corporate Tax Cut to 25% in FY26 Budget
The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its recommendations for the Federal Budget 2025-26, outlining a… Read More
Govt to Restrict Non-Filer Transactions in Finance Bill 2025
The federal government is expected to include Section 114C of the Tax Laws (Amendment) Bill, 2024, in the Finance Bill… Read More
Govt Proposes Rs. 2 Trillion Development Funds for FY26 Budget
The federal government is planning to allocate Rs. 2,000 billion under the Public Sector Development Program (PSDP) for the next… Read More
74% of Pakistanis Are Struggling Financially
Financial difficulties among urban households in Pakistan have surged by 14% over the past year, resulting in a staggering 74%… Read More
FBR to Charge Up to 15% Tax on Profit on Development and Sale of Property
The Federal Board of Revenue (FBR) has shared details on the collection of taxes on earnings from real estate developers… Read More
Here Is How Govt Will Spend on Development Projects This Fiscal Year
The Finance Division has issued a strategy for the release of funds for the development budget for the financial year… Read More
