The government has proposed a 1.5% increase in the advance tax on the sale or transfer of immovable property, according… Read More
Govt Likely to Impose Tax on Capital Assets Exceeding Rs. 1 Billion in Value
The federal government is presenting the budget for FY 2025-26 today. The government is set to impose a 1% tax… Read More
Frozen Food, Cold Drinks, Noodles, Ice Cream and Biscuits to Become Expensive in Budget
The upcoming federal budget for the 2025-26 fiscal year is set to include proposals for new excise duties on several… Read More
Govt Likely to Raise Pensions Up to 10%
The federal government has decided to increase pensions by up to 7-10% in the upcoming budget for the fiscal year… Read More
Govt Likely to Increase Salaries by 6%
The federal government has decided to increase the salaries and pensions in the upcoming budget for the fiscal year 2025-26,… Read More
Punjab to Transform Rural Areas into Model Villages
The Punjab government has approved an ambitious plan to convert the province’s rural areas into modern, well-equipped model villages. Chief… Read More
Movie Ticket Prices to Become More Expensive After Budget
The federal government has decided to end the income tax exemption granted to cinemas, reversing a relief measure that was… Read More
Punjab Wildlife Department Rescues African Lion After Viral TikTok Sparks Outrage
A disturbing TikTok video showing an African male lion being mishandled has prompted the Punjab Wildlife Department to take urgent… Read More
FBR to Abolish 4% Further Sales Tax to Bring Unregistered Dealers, Wholesalers & Retailers Under Tax Net
The Federal Board of Revenue (FBR) has proposed abolishing the 4 percent “further sales tax” currently imposed on supplies made… Read More
Pakistan Allocated 0.9% of GDP to Health in FY2024-25
Pakistan’s public health spending remains critically low, with the government allocating just 0.9% of GDP, amounting to Rs. 924.9 billion,… Read More
PIA Revenue Falls 16% in FY2024-25
Pakistan International Airlines (PIA) reported a 16.8% decline in operating revenue for the calendar year 2024, with earnings falling to… Read More
Govt Allocated Rs. 61.1 Billion to HEC in FY 2024-25
The Federal Government allocated Rs. 61.12 billion to the Higher Education Commission (HEC) for the implementation of 159 development projects… Read More
