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
PIA Will Remain Closed During Eid Holidays
Pakistan International Airlines (PIA) has officially announced its holiday schedule for Eid-ul-Azha 2024. All PIA offices across the country 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
Ex-Chief Justice Saqib Nisar Uses His Power to Influence Head Boy Elections in Aitchison College
Just as the dust settles from the resignation of Michael A. Thompson, former principal of Aitchison College, Lahore, who accused… 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
18% Sales Tax Proposed on Imported Kits and Locally Produced Phones
The federal government has proposed an 18% sales tax on the import of mobile phone assembly kits and the local… Read More
Famous Bakery and 6 Other Businesses Sealed in Lahore
In a proactive move against illegal commercial usage in Lahore, the Lahore Development Authority (LDA) intensified its operations. On Monday,… Read More
