The federal government has announced the budget for the fiscal year 2024-25. Finance Minister Muhammad Aurangzeb presented the Federal Budget… Read More
Govt to Impose Sales Tax Withholding Regime for Coal, Paper Scrap Sectors
The federal government has decided to impose sales withholding tax on copper, coal, paper and plastic scrap. Finance Minister Muhammad… Read More
Budget 2024-25: GST on Textile and Leather Products Raised from 15% to 18%
In the latest budget announcement for the fiscal year 2024-25, the Government of Pakistan has decided to increase the General… Read More
Govt to Withdraw Tax Exemptions for Ex-FATA/PATA
The federal government has decided to withdraw exemptions given to Ex-FATA/PATA. Finance Minister Muhammad Aurangzeb announced in his budget speech… Read More
Budget 2024-25 Increases Federal Excise Duty on Cement by 50%
In a move set to impact the construction industry, the incumbent government announced a significant increase in the Federal Excise… Read More
Imported Hybrid Car Prices Increased in Budget 2025
The government has removed tax exemptions on imported hybrid cars, according to the official budget 2024-25 announcement. These cars will… Read More
Government Raises Minimum Wage to Rs. 37,000 in New Finance Bill
The Government of Pakistan has proposed an increase in the minimum wage from Rs. 32,000 to Rs. 36,000, as part… Read More
Govt Proposes 5% FED on Real Estate
The federal government has proposed to impose a 5 percent federal excise duty (FED) on new plots and residential and… Read More
Govt Proposes to Increase Tax Rate on Capital Gains From Mutual Funds to 15%
The federal government has proposed a 15 percent tax rate on individuals who invest through mutual funds, reliable sources told… Read More
Sales Tax Doubled on Computers and Laptops in Budget 2025
The Government of Pakistan has proposed an adjustment in the budget 2024-2025 by doubling the sales tax on computers and… Read More
Govt Introduces Fixed Minimum Sales Tax for Imports in Budget 2025
To enhance revenue collection and curb tax evasion, the upcoming fiscal budget of Pakistan for 2024-2025 has proposed to introduce… Read More
Full Budget 2024-25 Speech in Urdu
Finance Minister Muhammad Aurangzeb is currently presenting the federal budget 2024-25 in parliament today. Here’s the full budget speech. Note:… Read More
