The Salaried Class Alliance of Pakistan has appealed to the Supreme Court of Pakistan to take suo moto notice against… Read More
Govt to Tax Dual Nationals, Tech Companies for Income Generated in Pakistan
The government has expanded the scope of taxation for those non-residents who earn income in Pakistan through digital means/presence under… Read More
Aurangzeb Confident to Get New IMF Loan After Passage of Tax-Heavy Budget
Finance Minister Muhammad Aurangzeb said today he was quite optimistic that Pakistan will get a new and final bailout from… Read More
President Asif Ali Zardari Approves IMF-Made Finance Bill 2024
President Asif Ali Zardari has approved the Finance Bill 2024 under Article 75 for fiscal year 2024-25. The approval comes… Read More
Pakistan’s Disastrous IMF-Made Budget: Tax Everything, Give Nothing, Expect Nothing
Pakistan on Friday quickly passed the IMF-made Federal Budget 2024-25 with some 11th-hour tweaks that effectively doubled the tax rate… Read More
Govt Imposes 1% Advance Tax on All Exporters
The exporters of goods, whether direct or indirect exporters, shall be subject to advance tax at 1 percent of the… Read More
Govt Exempts FBR From Paying Court Fees on Filing Cases Against Taxpayers
The government has exempted Commissioner Inland Revenue from payment of a court fee of Rs. 50,000 on filing an income… Read More
Govt Slaps 10% Surcharge on High Earners
The federal government has imposed a 10 percent surcharge on the tax liability of high-earners under the Finance Bill 2024.… Read More
Govt Imposes Fixed Tax of Up to Rs. 1.5 Million on Residential Plots
The federal government has imposed a capital value tax (CVT) on farmhouses and big houses in Islamabad. According to the… Read More
Budget 2024-25 Round-Up: All You Need to Know About New Taxes
The 2024-25 federal budget has been officially passed by the National Assembly during its session in Islamabad today. Finance Minister… Read More
IMF-Aligned Budget Sails Through National Assembly
The National Assembly on Friday approved the tax-heavy FY25 budget, ahead of talks on a new International Monetary Fund (IMF)… Read More
Govt Increases Excise Duty On Airline Tickets Up to Rs. 350,000 in Finance Bill
The federal government has hiked the excise duty on business and club class air tickets up to Rs. 350,000 in… Read More
